Arrowstreet Capital Limited Partnership Sells 263,886 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Arrowstreet Capital Limited Partnership trimmed its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 28.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 659,964 shares of the company’s stock after selling 263,886 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Norwegian Cruise Line were worth $13,384,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new position in shares of Norwegian Cruise Line during the first quarter worth approximately $33,000. Vanguard Group Inc. grew its holdings in shares of Norwegian Cruise Line by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock valued at $1,023,092,000 after purchasing an additional 653,279 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Norwegian Cruise Line by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock worth $67,903,000 after purchasing an additional 33,549 shares during the period. Deutsche Bank AG lifted its stake in Norwegian Cruise Line by 12.1% in the first quarter. Deutsche Bank AG now owns 2,109,715 shares of the company’s stock worth $40,000,000 after purchasing an additional 228,317 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Norwegian Cruise Line by 18.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 451,865 shares of the company’s stock worth $8,567,000 after purchasing an additional 69,700 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

Shares of Norwegian Cruise Line stock opened at $19.08 on Tuesday. The business has a 50 day moving average of $20.91 and a 200 day moving average of $22.01. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a market cap of $8.69 billion, a PE ratio of 14.03, a P/E/G ratio of 0.60 and a beta of 2.11. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. As a group, equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Stella David acquired 6,986 shares of the stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $18.59 per share, for a total transaction of $129,869.74. Following the completion of the acquisition, the director directly owned 103,474 shares of the company’s stock, valued at approximately $1,923,581.66. This represents a 7.24% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Zillah Byng-Thorne acquired 29,008 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the transaction, the director owned 66,017 shares in the company, valued at approximately $1,195,567.87. This represents a 78.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 90,029 shares of company stock valued at $1,663,575 over the last quarter. 0.41% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on NCLH shares. The Goldman Sachs Group decreased their price objective on Norwegian Cruise Line from $27.00 to $23.00 and set a “buy” rating on the stock in a report on Tuesday, November 11th. Susquehanna reduced their price target on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Tigress Financial boosted their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research report on Wednesday, August 27th. Wells Fargo & Company cut their target price on shares of Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating on the stock in a report on Monday, December 1st. Finally, Barclays decreased their target price on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $28.05.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.