Bank of New York Mellon Corp Reduces Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Bank of New York Mellon Corp lowered its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 1.3% during the first quarter, Holdings Channel reports. The firm owned 2,333,361 shares of the company’s stock after selling 31,428 shares during the period. Bank of New York Mellon Corp’s holdings in Norwegian Cruise Line were worth $43,634,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NCLH. Nwam LLC acquired a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at about $368,000. International Assets Investment Management LLC grew its position in shares of Norwegian Cruise Line by 25.7% during the first quarter. International Assets Investment Management LLC now owns 35,249 shares of the company’s stock worth $683,000 after acquiring an additional 7,199 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Norwegian Cruise Line by 8.6% in the 1st quarter. Fifth Third Bancorp now owns 38,443 shares of the company’s stock valued at $719,000 after acquiring an additional 3,037 shares during the period. Hsbc Holdings PLC increased its holdings in shares of Norwegian Cruise Line by 335.4% in the 1st quarter. Hsbc Holdings PLC now owns 899,745 shares of the company’s stock valued at $16,836,000 after acquiring an additional 693,118 shares during the period. Finally, Summit Securities Group LLC raised its position in Norwegian Cruise Line by 291.3% in the 1st quarter. Summit Securities Group LLC now owns 2,649 shares of the company’s stock valued at $50,000 after purchasing an additional 1,972 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line News Roundup

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

• Positive Sentiment: Some market commentary suggests NCLH could beat upcoming Q2 earnings expectations, which may support investor optimism ahead of the report. Article Title

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne purchased 4,452 shares of the stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $17.83 per share, for a total transaction of $79,379.16. Following the acquisition, the director directly owned 25,742 shares of the company’s stock, valued at $458,979.86. This represents a 20.91% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Jonathan Z. Cohen acquired 30,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average cost of $15.83 per share, with a total value of $474,900.00. Following the purchase, the director owned 38,912 shares in the company, valued at approximately $615,976.96. The trade was a 336.62% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 1,592,467 shares of company stock valued at $28,493,204 in the last quarter. Corporate insiders own 0.25% of the company’s stock.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $19.39 on Friday. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.53 and a 1 year high of $27.18. The company’s 50 day simple moving average is $19.04 and its 200 day simple moving average is $20.14. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.11 and a beta of 1.87. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 earnings per share. 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, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.51 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays decreased their price target on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 5th. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $19.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Susquehanna decreased their target price on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. 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. Finally, Northcoast Research cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $21.60.

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.