Federated Hermes Inc. Has $40.27 Million Stake in Norwegian Cruise Line Holdings Ltd. $NCLH

Federated Hermes Inc. cut its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,634,895 shares of the company’s stock after selling 24,995 shares during the quarter. Federated Hermes Inc.’s holdings in Norwegian Cruise Line were worth $40,267,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line in the second quarter valued at approximately $26,000. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line in the second quarter valued at about $31,000. Laurel Wealth Advisors LLC grew its position in Norwegian Cruise Line by 1,928.0% in the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after acquiring an additional 1,928 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Norwegian Cruise Line by 133.3% during the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock worth $46,000 after acquiring an additional 1,305 shares in the last quarter. Finally, Quent Capital LLC bought a new position in shares of Norwegian Cruise Line in the third quarter worth about $55,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Activity at Norwegian Cruise Line

In other news, Director Harry C. Curtis bought 5,000 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was acquired at an average price of $19.25 per share, with a total value of $96,250.00. Following the completion of the purchase, the director directly owned 50,325 shares of the company’s stock, valued at approximately $968,756.25. This represents a 11.03% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Zillah Byng-Thorne purchased 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 transaction, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. The trade was a 78.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 90,029 shares of company stock valued at $1,663,575 over the last 90 days. 0.41% of the stock is owned by company insiders.

Norwegian Cruise Line Stock Up 10.3%

Shares of NCLH opened at $22.94 on Friday. The stock’s 50-day moving average price is $21.32 and its two-hundred day moving average price is $22.70. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The company has a market capitalization of $10.44 billion, a PE ratio of 16.87, a PEG ratio of 0.52 and a beta of 2.07. The company has a current ratio of 0.19, a quick ratio of 0.17 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, topping analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The company had revenue of $2.94 billion during 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. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on NCLH shares. Mizuho increased their price objective on shares of Norwegian Cruise Line from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. lowered their price target on shares of Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. UBS Group reissued a “neutral” rating on shares of Norwegian Cruise Line in a report on Wednesday, January 21st. The Goldman Sachs Group cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $23.00 to $21.00 in a report on Tuesday, December 9th. Finally, Barclays cut their price target on Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $27.05.

Norwegian Cruise Line 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.