2 weeks Ago By Defense World Staff
Thrivent Financial for Lutherans cut its holdings in shares of Royal Caribbean Cruises Ltd. ( NYSE:RCL – Free Report ) by 0.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 20,754 shares of the company’s stock after selling 67 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Royal Caribbean Cruises were worth $3,309,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently bought and sold shares of the business.
Meeder Asset Management Inc. increased its holdings in Royal Caribbean Cruises by 50.3% during the 2nd quarter.
Meeder Asset Management Inc. now owns 233 shares of the company’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Oppenheimer Asset Management Inc.
increased its holdings in Royal Caribbean Cruises by 1.0% during the 2nd quarter. Oppenheimer Asset Management Inc.
now owns 8,095 shares of the company’s stock worth $1,291,000 after purchasing an additional 81 shares during the last quarter. Whittier Trust Co. of Nevada Inc.
increased its holdings in Royal Caribbean Cruises by 38.9% during the 2nd quarter. Whittier Trust Co.
of Nevada Inc. now owns 293 shares of the company’s stock worth $47,000 after purchasing an additional 82 shares during the last quarter. Parallel Advisors LLC increased its holdings in Royal Caribbean Cruises by 3.
9% during the 2nd quarter. Parallel Advisors LLC now owns 2,213 shares of the company’s stock worth $353,000 after purchasing an additional 84 shares during the last quarter. Finally, Kowal Investment Group LLC increased its holdings in Royal Caribbean Cruises by 4.
0% during the 1st quarter. Kowal Investment Group LLC now owns 2,286 shares of the company’s stock worth $318,000 after purchasing an additional 87 shares during the last quarter. 87.
53% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades RCL has been the subject of several research reports. Mizuho lifted their target price on Royal Caribbean Cruises from $168.
00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. StockNews.
com upgraded Royal Caribbean Cruises from a “sell” rating to a “hold” rating in a research report on Tuesday, September 24th. The Goldman Sachs Group lifted their target price on Royal Caribbean Cruises from $170.00 to $195.
00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. Bank of America lifted their target price on Royal Caribbean Cruises from $145.00 to $172.
00 and gave the stock a “neutral” rating in a research report on Tuesday, July 23rd. Finally, Truist Financial lifted their target price on Royal Caribbean Cruises from $175.00 to $204.
00 and gave the stock a “buy” rating in a research report on Thursday. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.
com, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and an average price target of $184.13. Insider Transactions at Royal Caribbean Cruises In other Royal Caribbean Cruises news, CFO Naftali Holtz purchased 5,350 shares of the company’s stock in a transaction that occurred on Friday, August 2nd.
The shares were purchased at an average cost of $140.00 per share, with a total value of $749,000.00.
Following the completion of the transaction, the chief financial officer now owns 48,256 shares of the company’s stock, valued at $6,755,840. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . In related news, Director Vagn O.
Sorensen sold 5,800 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $158.50, for a total transaction of $919,300.
00. Following the transaction, the director now directly owns 25,837 shares of the company’s stock, valued at $4,095,164.50.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, CFO Naftali Holtz purchased 5,350 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average cost of $140.
00 per share, for a total transaction of $749,000.00. Following the completion of the transaction, the chief financial officer now directly owns 48,256 shares of the company’s stock, valued at approximately $6,755,840.
The disclosure for this purchase can be found here . 7.95% of the stock is owned by insiders.
Royal Caribbean Cruises Stock Down 2.9 % Shares of Royal Caribbean Cruises stock opened at $177.54 on Monday.
The stock’s fifty day moving average is $161.59 and its 200-day moving average is $151.31.
The firm has a market capitalization of $45.69 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 0.
51 and a beta of 2.61. The company has a quick ratio of 0.
17, a current ratio of 0.19 and a debt-to-equity ratio of 3.20.
Royal Caribbean Cruises Ltd. has a 12-month low of $78.35 and a 12-month high of $184.
41. Royal Caribbean Cruises ( NYSE:RCL – Get Free Report ) last announced its earnings results on Thursday, July 25th. The company reported $3.
21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.45.
The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.05 billion.
Royal Caribbean Cruises had a return on equity of 52.49% and a net margin of 16.32%.
Royal Caribbean Cruises’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.
82 earnings per share. Equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 11.
66 earnings per share for the current year. Royal Caribbean Cruises Announces Dividend The business also recently announced a — dividend, which will be paid on Friday, October 11th. Stockholders of record on Friday, September 20th will be given a dividend of $0.
40 per share. The ex-dividend date of this dividend is Friday, September 20th. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 20.
62%. About Royal Caribbean Cruises ( 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.
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