As Royal Caribbean Cruises LTD (RCL) Share Price Rose, Holder Eastern Bank Has Decreased by $6.57 Million Its Stake

January 13, 2018 - By Louis Casey

Investors sentiment decreased to 1.25 in Q3 2017. Its down 0.01, from 1.26 in 2017Q2. It worsened, as 39 investors sold RCL shares while 168 reduced holdings. 83 funds opened positions while 175 raised stakes. 153.19 million shares or 1.72% more from 150.60 million shares in 2017Q2 were reported. 775 were accumulated by Hudock Cap Gp. Adage Capital Prtnrs Gp Lc owns 0.07% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 245,200 shares. Smithfield Com holds 0% or 242 shares in its portfolio. Mitsubishi Ufj Trust And Corp invested in 0.2% or 923,183 shares. Lord Abbett And Lc reported 108,900 shares. Cantab Cap Prns Limited Liability Partnership stated it has 18,811 shares. North Star Management reported 530 shares. Brandywine Global Mgmt Limited Liability Corp reported 0.14% stake. Hodges Capital Mngmt owns 4,624 shares or 0.04% of their US portfolio. Invesco Ltd invested in 0.18% or 4.20 million shares. 104,800 are held by Cap Int Sarl. Dupont Mgmt has 0.06% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL). Mason Street Advsrs Ltd Liability Company owns 23,885 shares. Prudential Plc holds 0.64% or 1.70 million shares. Thomas White owns 0.26% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 12,435 shares.

Since August 2, 2017, it had 0 insider buys, and 10 insider sales for $53.70 million activity. 120,000 shares were sold by Goldstein Adam M, worth $14.19 million on Wednesday, August 2. 7,580 Royal Caribbean Cruises Ltd. (NYSE:RCL) shares with value of $906,644 were sold by Kulovaara Harri U. Another trade for 17,000 shares valued at $2.05 million was made by Pimentel Lawrence R on Friday, August 4. Another trade for 14,808 shares valued at $1.81M was made by Bayley Michael W on Thursday, December 14. $561,827 worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) was sold by REITAN BERNT.

Eastern Bank decreased its stake in Royal Caribbean Cruises Ltd. (RCL) by 36.61% based on its latest 2017Q3 regulatory filing with the SEC. Eastern Bank sold 55,679 shares as the company’s stock rose 11.49% with the market. The institutional investor held 96,402 shares of the marine transportation company at the end of 2017Q3, valued at $11.43M, down from 152,081 at the end of the previous reported quarter. Eastern Bank who had been investing in Royal Caribbean Cruises Ltd. for a number of months, seems to be less bullish one the $27.30 billion market cap company. The stock increased 1.69% or $2.12 during the last trading session, reaching $127.53. About 1.52 million shares traded or 5.13% up from the average. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 38.22% since January 13, 2017 and is uptrending. It has outperformed by 21.52% the S&P500.

Analysts await Royal Caribbean Cruises Ltd. (NYSE:RCL) to report earnings on January, 25. They expect $1.20 earnings per share, down 2.44 % or $0.03 from last year’s $1.23 per share. RCL’s profit will be $256.91M for 26.57 P/E if the $1.20 EPS becomes a reality. After $3.49 actual earnings per share reported by Royal Caribbean Cruises Ltd. for the previous quarter, Wall Street now forecasts -65.62 % negative EPS growth.

More important recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Prnewswire.com which released: “Martha Poulter Named Senior Vice President & Chief Information Officer For …” on December 21, 2017, also Sun-Sentinel.com published article titled: “Cruise ship bound for Port Everglades stricken with a stomach virus”, Law360.com published: “Harvey Class Attys Hit Back At Royal Caribbean Sanctions Bid” on January 13, 2018. More interesting news about Royal Caribbean Cruises Ltd. (NYSE:RCL) was released by: Nasdaq.com and their article: “Royal Caribbean Cruises Ltd. (RCL) Ex-Dividend Date Scheduled for December 20 …” with publication date: December 19, 2017.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Coverage

Among 23 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Royal Caribbean Cruises Ltd. had 60 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of RCL in report on Monday, December 21 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, October 4 by Macquarie Research. The company was upgraded on Monday, January 30 by Argus Research. The rating was maintained by Buckingham Research on Wednesday, November 8 with “Buy”. The rating was maintained by Buckingham Research with “Buy” on Wednesday, August 2. The firm earned “Buy” rating on Tuesday, April 26 by Goldman Sachs. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Neutral” rating by Goldman Sachs on Wednesday, August 2. JP Morgan upgraded the stock to “Overweight” rating in Thursday, July 20 report. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Wedbush on Wednesday, November 8. As per Tuesday, August 1, the company rating was maintained by Stifel Nicolaus.

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