3 days Ago By ABMN Staff
Meeder Asset Management Inc. increased its position in Royal Caribbean Cruises Ltd. ( NYSE:RCL – Free Report ) by 50.
3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 233 shares of the company’s stock after purchasing an additional 78 shares during the quarter. Meeder Asset Management Inc.
’s holdings in Royal Caribbean Cruises were worth $37,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RCL. Scarborough Advisors LLC bought a new position in shares of Royal Caribbean Cruises in the 4th quarter valued at about $26,000.
Unique Wealth Strategies LLC acquired a new position in Royal Caribbean Cruises in the second quarter valued at approximately $27,000. Creekmur Asset Management LLC bought a new position in Royal Caribbean Cruises in the fourth quarter valued at approximately $30,000. Versant Capital Management Inc boosted its stake in Royal Caribbean Cruises by 905.
3% in the second quarter. Versant Capital Management Inc now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 172 shares during the last quarter. Finally, AlphaMark Advisors LLC grew its holdings in Royal Caribbean Cruises by 233.
3% during the 2nd quarter. AlphaMark Advisors LLC now owns 200 shares of the company’s stock worth $32,000 after acquiring an additional 140 shares during the period. 87.
53% of the stock is owned by institutional investors. Insider Activity In related news, CFO Naftali Holtz purchased 5,350 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average price of $140.
00 per share, for a total transaction of $749,000.00. Following the purchase, the chief financial officer now owns 48,256 shares in the company, valued at $6,755,840.
The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . In other news, CFO Naftali Holtz acquired 5,350 shares of the stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of $140.
00 per share, for a total transaction of $749,000.00. Following the transaction, the chief financial officer now directly owns 48,256 shares of the company’s stock, valued at $6,755,840.
The acquisition was disclosed in a filing with the SEC, which is available through the SEC website . Also, insider Laura H. Bethge sold 3,073 shares of the business’s stock in a transaction dated Thursday, August 29th.
The shares were sold at an average price of $168.71, for a total transaction of $518,445.83.
Following the completion of the sale, the insider now directly owns 27,388 shares of the company’s stock, valued at approximately $4,620,629.48. The disclosure for this sale can be found here .
Insiders own 7.95% of the company’s stock. Analyst Ratings Changes View Our Latest Stock Analysis on Royal Caribbean Cruises Royal Caribbean Cruises Trading Up 1.
4 % Shares of NYSE:RCL opened at $167.96 on Monday. Royal Caribbean Cruises Ltd.
has a 52-week low of $78.35 and a 52-week high of $173.37.
The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.17 and a current ratio of 0.
19. The company has a market capitalization of $43.22 billion, a P/E ratio of 21.
64, a price-to-earnings-growth ratio of 0.46 and a beta of 2.61.
The company has a 50-day simple moving average of $159.74 and a 200 day simple moving average of $147.94.
Royal Caribbean Cruises ( NYSE:RCL – Get Free Report ) last released its quarterly earnings data on Thursday, July 25th. The company reported $3.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.
76 by $0.45. Royal Caribbean Cruises had a return on equity of 52.
49% and a net margin of 16.32%. The company had revenue of $4.
10 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same period last year, the firm posted $1.
82 earnings per share. The business’s revenue was up 16.4% on a year-over-year basis.
Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 11.65 earnings per share for the current year.
Royal Caribbean Cruises Dividend Announcement The business also recently disclosed a — dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 20th will be issued a $0.40 dividend.
The ex-dividend date of this dividend is Friday, September 20th. Royal Caribbean Cruises’s dividend payout ratio is currently 20.62%.
Royal Caribbean Cruises Company Profile ( Free Report ) Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries.
As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. Featured Articles Want to see what other hedge funds are holding RCL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Royal Caribbean Cruises Ltd. ( NYSE:RCL – Free Report ). Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.
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