Neo Ivy Capital Management Takes Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Neo Ivy Capital Management bought a new stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in the 3rd quarter, Holdings Channel.com reports. The firm bought 40,766 shares of the company’s stock, valued at approximately $1,004,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ariel Investments LLC boosted its position in shares of Norwegian Cruise Line by 36.2% during the 2nd quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock valued at $250,851,000 after purchasing an additional 3,288,207 shares in the last quarter. Norges Bank bought a new stake in shares of Norwegian Cruise Line in the 2nd quarter worth approximately $49,620,000. TimesSquare Capital Management LLC acquired a new stake in Norwegian Cruise Line during the third quarter valued at approximately $48,545,000. Marshall Wace LLP lifted its stake in Norwegian Cruise Line by 72.2% during the second quarter. Marshall Wace LLP now owns 4,398,316 shares of the company’s stock valued at $89,198,000 after purchasing an additional 1,844,433 shares during the last quarter. Finally, Citigroup Inc. boosted its holdings in Norwegian Cruise Line by 341.3% during the third quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock worth $52,193,000 after buying an additional 1,638,889 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NCLH has been the topic of several research reports. Citigroup upped their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Zacks Research lowered Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Bank of America decreased their target price on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $20.00 target price on shares of Norwegian Cruise Line in a report on Tuesday. Finally, Susquehanna decreased their price target on Norwegian Cruise Line from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus price target of $25.55.

Norwegian Cruise Line Price Performance

NCLH opened at $20.07 on Friday. The firm has a market capitalization of $9.14 billion, a P/E ratio of 23.07, a PEG ratio of 0.52 and a beta of 2.00. The stock has a fifty day moving average of $22.65 and a 200-day moving average of $22.47. The company has a quick ratio of 0.17, a current ratio of 0.21 and a debt-to-equity ratio of 6.21. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.Norwegian Cruise Line’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 earnings per share. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.