Bank of Nova Scotia Decreases Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Bank of Nova Scotia cut its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 24.2% during the first quarter, HoldingsChannel.com reports. The firm owned 3,908,479 shares of the company’s stock after selling 1,247,979 shares during the period. Bank of Nova Scotia’s holdings in Norwegian Cruise Line were worth $73,089,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NCLH. SHP Wealth Management acquired a new position in Norwegian Cruise Line during the 4th quarter valued at approximately $26,000. MUFG Securities EMEA plc acquired a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Norwegian Cruise Line in the 4th quarter worth $31,000. Clearstead Advisors LLC lifted its position in 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 acquiring an additional 909 shares during the period. Finally, Thompson Investment Management Inc. purchased a new stake in Norwegian Cruise Line during the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on NCLH shares. The Goldman Sachs Group upped their price target on shares of Norwegian Cruise Line from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Sanford C. Bernstein initiated coverage on Norwegian Cruise Line in a report on Wednesday, June 3rd. They set a “market perform” rating and a $18.00 target price on the stock. Freedom Capital raised Norwegian Cruise Line to a “strong-buy” rating in a report on Wednesday, June 3rd. Susquehanna dropped their price objective on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Finally, Mizuho decreased their target price on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Hold” and a consensus target price of $21.60.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Analysts still see some upside into the Q2 report, with one Zacks note saying NCLH has the setup to potentially beat earnings estimates, which could support sentiment if results come in ahead of expectations. Article: Norwegian Cruise Line (NCLH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
• Positive Sentiment: Investor attention is elevated, which can sometimes reflect growing interest ahead of a catalyst like earnings, potentially increasing trading activity in the stock. Article: Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
• Neutral Sentiment: Oceania Cruises, part of Norwegian Cruise Line Holdings, highlighted new wellness-focused tours, a branding and marketing update that could help long-term premium demand but is not a near-term earnings driver. Article: Oceania Cruises® Spotlights Its Signature Wellness Discovery Tours
• Neutral Sentiment: NCLH was also in the market’s spotlight after broader cruise-sector coverage and general “most searched” stock chatter, but these items do not directly change the company’s fundamentals. Article: Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
• Neutral Sentiment: Truist downgraded Norwegian Cruise Line from buy to hold while setting a $20 target, and Stifel also lowered its price target to $26; both moves suggest analysts are becoming more cautious even though targets still imply some upside. Article: Norwegian Cruise Line downgraded by Truist
• Negative Sentiment: NCLH fell more than the broader market in the latest session, reinforcing pressure on the shares as investors continue to digest slower recent performance and softer quarterly results. Article: Norwegian Cruise Line (NCLH) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Over the past six months, the stock has lagged the S&P 500, and that relative weakness may be weighing on investor confidence heading into earnings. Article: Norwegian Cruise Line (NCLH): Buy, Sell, or Hold Post Q1 Earnings?

Insider Activity at Norwegian Cruise Line

In related news, Director Stephen G. Pagliuca bought 695,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was acquired at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the purchase, the director directly owned 703,912 shares of the company’s stock, valued at approximately $12,783,041.92. This trade represents a 7,798.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO John Chidsey purchased 153,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $16.37 per share, with a total value of $2,504,610.00. Following the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders acquired 1,592,467 shares of company stock valued at $28,493,204. 0.25% of the stock is currently owned by company insiders.

Norwegian Cruise Line Stock Down 3.1%

Norwegian Cruise Line stock opened at $18.72 on Friday. 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 $8.60 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 1.15 and a beta of 1.87. The business has a 50 day simple moving average of $18.96 and a 200-day simple moving average of $20.15. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.53 and a 12 month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results 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. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm posted $0.07 EPS. The business’s revenue was up 9.6% on a year-over-year basis. 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, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.51 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.