California Public Employees Retirement System Grows Position in Norwegian Cruise Line Holdings Ltd. $NCLH

California Public Employees Retirement System raised its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 358.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 3,675,830 shares of the company’s stock after acquiring an additional 2,874,730 shares during the period. California Public Employees Retirement System’s holdings in Norwegian Cruise Line were worth $68,738,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of NCLH. SHP Wealth Management bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $26,000. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line in the 2nd quarter worth about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Norwegian Cruise Line in the 4th quarter valued at about $31,000. Clearstead Advisors LLC lifted its position in shares of Norwegian Cruise Line by 130.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after buying an additional 909 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $42,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on NCLH. Wells Fargo & Company upped their target price on Norwegian Cruise Line from $19.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Freedom Capital upgraded Norwegian Cruise Line to a “strong-buy” rating in a report on Wednesday, June 3rd. TD Cowen boosted their price objective on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Tigress Financial reduced their price objective on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a research note on Friday, April 17th. Finally, Sanford C. Bernstein initiated coverage on Norwegian Cruise Line in a research report on Wednesday, June 3rd. They set a “market perform” rating and a $18.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.65.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Jonathan Z. Cohen purchased 30,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of $15.83 per share, with a total value of $474,900.00. Following the completion of the transaction, the director directly owned 38,912 shares in the company, valued at approximately $615,976.96. This trade represents a 336.62% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen G. Pagliuca purchased 685,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were acquired at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the completion of the purchase, the director directly owned 1,388,912 shares in the company, valued at $25,083,750.72. This represents a 97.31% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 1,592,467 shares of company stock worth $28,493,204. 0.25% of the stock is currently owned by company insiders.

Norwegian Cruise Line Stock Down 0.1%

Shares of NYSE NCLH opened at $19.45 on Monday. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The stock has a market capitalization of $8.93 billion, a PE ratio of 16.34, a P/E/G ratio of 1.15 and a beta of 1.87. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.53 and a one year high of $27.18. The business’s fifty day moving average price is $18.71 and its 200-day moving average price is $20.24.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current 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.