S&Co has invested 0.04% in Royal Caribbean Cruises Ltd. (NYSE:RCL).
A number of other hedge funds have also modified their holdings of the business. Royal Caribbean Cruises's quarterly revenue was up 5.0% compared to the same quarter previous year. Huntington National Bank now owns 1,346 shares of the company's stock worth $160,000 after acquiring an additional 636 shares during the period. Invictus RG boosted its position in Royal Caribbean Cruises by 167.5% during the 3rd quarter. It also upped Cdn Imperial Bk Of Commerce (NYSE:CM) stake by 19,696 shares and now owns 168,463 shares. BKD Wealth Advisors LLC now owns 3,798 shares of the company's stock valued at $453,000 after acquiring an additional 460 shares during the period. Geode Capital Management LLC raised its holdings in shares of Royal Caribbean Cruises by 6.6% in the 4th quarter. Schroder Investment Management Group now owns 84,602 shares of the company's stock worth $10,091,000 after acquiring an additional 23,956 shares during the last quarter. Finally, New Jersey Better Educational Savings Trust increased its holdings in Royal Caribbean Cruises by 47.7% during the 3rd quarter.
SkySea Cruises, a joint venture between powerhouses Royal Caribbean Cruises and Ctrip, will stop sailing by the end of the year. Royal Caribbean Cruises has a 1 year low of $93.86 and a 1 year high of $135.65. Shelter Ins Retirement Plan sold 17,200 shares as the company's stock rose 0.21% with the market. The company has a market cap of $26,665.19, a PE ratio of 16.57, a price-to-earnings-growth ratio of 0.68 and a beta of 1.13.
Shares of Royal Caribbean Cruises Ltd (NYSE RCL) traded up $0.62 during trading hours on Tuesday, hitting $125.04. The Baillie Gifford & Company holds 11.57 million shares with $1.37B value, down from 13.26M last quarter. Royal Caribbean Cruises had a return on equity of 16.22% and a net margin of 18.51%. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same period in the prior year, the firm posted $1.23 earnings per share. They expect $0.96 EPS, down 3.03% or $0.03 from last year's $0.99 per share. Stockholders of record on Wednesday, March 7th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, March 6th. The Mein Schiff 1 is scheduled to become the Marella Explorer in May 2018, but now the Mein Schiff 2 will remain in the German market with the former Golden Era replacing her in the United Kingdom market in 2019. Royal Caribbean Cruises's dividend payout ratio (DPR) is presently 31.87%.
A number of equities research analysts have recently issued reports on the stock. Wedbush maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) rating on Wednesday, November 8.
Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Wednesday, January 24th. SunTrust Banks raised their price objective on shares of Royal Caribbean Cruises to $149.00 and gave the stock a "buy" rating in a research report on Wednesday, January 17th. Stifel Nicolaus raised their price objective on shares of Royal Caribbean Cruises from $150.00 to $152.00 and gave the company a "buy" rating in a report on Thursday, January 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Fain Richard D had sold 20,000 shares worth $2.57M. Following the completion of the sale, the chief executive officer now directly owns 807,741 shares in the company, valued at approximately $103,471,622.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Bradley H. Stein sold 9,071 shares of the stock in a transaction on Monday, February 12th. Following the transaction, the senior vice president now owns 17,341 shares in the company, valued at approximately $2,161,382.24. The disclosure for this sale can be found here.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by BBNS and is the sole property of of BBNS. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and worldwide copyright & trademark laws. Currently, Royal Caribbean's new Spectrum of the Seas, under construction in Germany, is due to debut in China and the Asia-Pacific region in 2019. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). Royal Caribbean Cruises and Ctrip announced that SkySea, a joint venture, would stop operating by the end of the year.