The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) is a huge mover today! About 758,393 shares traded hands. Royal Caribbean Cruises Ltd (NYSE:RCL) has risen 1.03% since April 11, 2016 and is uptrending. It has underperformed by 5.11% the S&P500.
The move comes after 8 months positive chart setup for the $17.68 billion company. It was reported on Nov, 11 by Barchart.com. We have $126.41 PT which if reached, will make NYSE:RCL worth $9.90B more.
Royal Caribbean Cruises Ltd (NYSE:RCL) Ratings Coverage
Out of 18 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 13 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 72% are positive. Royal Caribbean Cruises Ltd. has been the topic of 29 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned “Neutral” rating by JP Morgan on Thursday, October 27. The firm has “Outperform” rating by Wolfe Research given on Wednesday, November 18. The firm has “Outperform” rating given on Tuesday, October 4 by Macquarie Research. On Wednesday, August 5 the stock rating was upgraded by Zacks to “Hold”. The firm earned “Buy” rating on Monday, December 21 by Stifel Nicolaus. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Buy” rating given on Tuesday, April 26 by Goldman Sachs. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Buy” rating given on Tuesday, August 4 by Argus Research. On Tuesday, January 5 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Susquehanna maintained Royal Caribbean Cruises Ltd (NYSE:RCL) rating on Wednesday, February 3. Susquehanna has “Positive” rating and $86 price target. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Outperform” rating given on Friday, September 9 by Bernstein.
According to Zacks Investment Research, “Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Celebrity Tours operates cruise tour vacations in Alaska utilizing the world’s largest glass-domed railcars.”
Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.13, from 1.16 in 2016Q1. The ratio dropped, as 68 funds sold all Royal Caribbean Cruises Ltd shares owned while 144 reduced positions. 68 funds bought stakes while 150 increased positions. They now own 152.06 million shares or 0.52% more from 151.28 million shares in 2016Q1.
Cowen Group Inc holds 0.12% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 26,841 shares. Blackrock Institutional Trust Na reported 4.34 million shares or 0.05% of all its holdings. Verition Fund Mngmt Limited Liability Com holds 0.06% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 6,575 shares. Veritable Limited Partnership accumulated 3,534 shares or 0.01% of the stock. Calamos Advisors Limited Liability Corp, a Illinois-based fund reported 36,799 shares. Cupps Mgmt Lc last reported 2,304 shares in the company. Weiss Multi has 53,532 shares for 0.28% of their US portfolio. The California-based Schwab Charles has invested 0.04% in Royal Caribbean Cruises Ltd (NYSE:RCL). The Michigan-based Ww Asset Management has invested 0.04% in Royal Caribbean Cruises Ltd (NYSE:RCL). Employees Retirement Association Of Colorado, a Colorado-based fund reported 37,255 shares. Cornerstone Capital Mngmt Limited Co accumulated 2.67% or 752,120 shares. Us National Bank & Trust De has 0.03% invested in the company for 116,042 shares. Aperio Group Inc Limited Liability holds 0.02% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 34,226 shares. Hightower Ltd Liability Company has 6,356 shares for 0.01% of their US portfolio. Profund Limited Liability has 5,212 shares for 0.02% of their US portfolio.
Insider Transactions: Since August 3, 2016, the stock had 2 insider buys, and 7 selling transactions for $2.05 million net activity. Fain Richard D also bought $2.00M worth of Royal Caribbean Cruises Ltd (NYSE:RCL) shares. 8,691 shares with value of $665,107 were sold by REITAN BERNT on Monday, November 7. Liberty Jason T had sold 6,649 shares worth $508,702. 1,100 shares were bought by Sorensen Vagn O, worth $77,550 on Thursday, August 18. 6,382 shares were sold by Stein Bradley H, worth $486,022 on Wednesday, November 2. The insider Bayley Michael W sold 6,767 shares worth $518,152. Shares for $577,061 were sold by Pujol Henry L on Wednesday, November 2.
More recent Royal Caribbean Cruises Ltd (NYSE:RCL) news were published by: Reuters.com which released: “BRIEF-Royal Caribbean Cruises Ltd Q3 adjusted EPS $3.20” on October 28, 2016. Also Investorplace.com published the news titled: “Why Baker Hughes Incorporated (BHI), Dean Foods Co (DF) and Royal Caribbean …” on October 28, 2016. Prnewswire.com‘s news article titled: “Royal Caribbean To Hold Conference Call On Third Quarter 2016 Earnings” with publication date: October 21, 2016 was also an interesting one.
RCL Company Profile
Royal Caribbean Cruises Ltd., incorporated on July 23, 1985, is a cruise company. The Firm owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. Together, these brands operate approximately 44 ships in the cruise vacation industry with an aggregate capacity of approximately 110,900 berths. The Company’s ships operate on a selection of itineraries that call on approximately 480 destinations on all the continents.
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