Candlestick Capital Management LP Cuts Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Candlestick Capital Management LP decreased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 43.5% in the 3rd quarter, Holdings Channel reports. The firm owned 2,767,223 shares of the company’s stock after selling 2,134,158 shares during the quarter. Norwegian Cruise Line accounts for approximately 1.7% of Candlestick Capital Management LP’s portfolio, making the stock its 20th biggest position. Candlestick Capital Management LP’s holdings in Norwegian Cruise Line were worth $68,157,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC grew its position in Norwegian Cruise Line by 26.7% during the first quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after buying an additional 4,872 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Norwegian Cruise Line by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock valued at $917,000 after acquiring an additional 2,002 shares during the period. Woodline Partners LP boosted its stake in shares of Norwegian Cruise Line by 40.7% during the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after acquiring an additional 10,743 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Norwegian Cruise Line during the 2nd quarter worth approximately $979,000. Finally, ProShare Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 3.1% in the 2nd quarter. ProShare Advisors LLC now owns 142,617 shares of the company’s stock worth $2,892,000 after acquiring an additional 4,294 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NCLH. Bank of America dropped their price objective on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Thursday, January 22nd. Zacks Research cut Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Wells Fargo & Company cut their price target on Norwegian Cruise Line from $33.00 to $32.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. Finally, Mizuho decreased their price objective on shares of Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average price target of $25.55.

Norwegian Cruise Line Trading Down 3.0%

Shares of Norwegian Cruise Line stock opened at $18.87 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $27.18. The company has a debt-to-equity ratio of 6.21, a current ratio of 0.21 and a quick ratio of 0.18. The business has a 50 day moving average price of $22.40 and a 200 day moving average price of $22.32. The company has a market capitalization of $8.60 billion, a P/E ratio of 21.69, a P/E/G ratio of 0.51 and a beta of 2.00.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 EPS. 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. Sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

About Norwegian Cruise Line

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.