Stephens Inc. AR purchased a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,410 shares of the company’s stock, valued at approximately $1,234,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in Royal Caribbean Cruises by 4.1% during the second quarter. Vanguard Group Inc. now owns 17,178,558 shares of the company’s stock valued at $1,876,413,000 after buying an additional 673,608 shares in the last quarter. BlackRock Inc. lifted its position in shares of Royal Caribbean Cruises by 2.5% in the second quarter. BlackRock Inc. now owns 10,618,316 shares of the company’s stock worth $1,159,838,000 after purchasing an additional 258,958 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Royal Caribbean Cruises by 105.3% in the third quarter. Ameriprise Financial Inc. now owns 3,378,863 shares of the company’s stock worth $400,541,000 after purchasing an additional 1,732,995 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Royal Caribbean Cruises by 34.1% in the third quarter. Bank of New York Mellon Corp now owns 1,692,957 shares of the company’s stock worth $200,683,000 after purchasing an additional 430,521 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Royal Caribbean Cruises by 158.3% in the third quarter. American Century Companies Inc. now owns 1,373,175 shares of the company’s stock worth $162,776,000 after purchasing an additional 841,498 shares in the last quarter. 72.23% of the stock is owned by institutional investors.

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A number of analysts have recently issued reports on RCL shares. Zacks Investment Research raised shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and set a $128.00 price target for the company in a research report on Thursday, July 27th. BidaskClub lowered shares of Royal Caribbean Cruises from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Goldman Sachs Group, Inc. (The) raised shares of Royal Caribbean Cruises from a “sell” rating to a “neutral” rating and increased their price target for the stock from $99.00 to $115.00 in a research report on Wednesday, August 2nd. Wedbush increased their price target on shares of Royal Caribbean Cruises from $125.00 to $129.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 2nd. Finally, Nomura increased their price target on shares of Royal Caribbean Cruises from $131.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $126.33.

Shares of Royal Caribbean Cruises Ltd. (NYSE RCL) traded up $0.66 during mid-day trading on Thursday, reaching $125.45. The company’s stock had a trading volume of 819,400 shares, compared to its average volume of 1,567,421. Royal Caribbean Cruises Ltd. has a one year low of $78.77 and a one year high of $133.75. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.13 and a current ratio of 0.16. The firm has a market capitalization of $26,716.15, a P/E ratio of 16.82, a PEG ratio of 0.75 and a beta of 1.07.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.43 by $0.06. Royal Caribbean Cruises had a return on equity of 16.64% and a net margin of 18.41%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter last year, the company posted $3.20 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 7.39 earnings per share for the current fiscal year.

In related news, CEO Richard D. Fain sold 20,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $121.29, for a total value of $2,425,800.00. Following the completion of the transaction, the chief executive officer now directly owns 927,741 shares of the company’s stock, valued at $112,525,705.89. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 60,000 shares of company stock valued at $7,415,000. 15.30% of the stock is owned by company insiders.

Royal Caribbean Cruises Profile

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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