Royal Caribbean Cruises Ltd. $RCL Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 27.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 108,421 shares of the company’s stock after selling 41,514 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Royal Caribbean Cruises were worth $33,951,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in RCL. Nuveen LLC acquired a new stake in shares of Royal Caribbean Cruises during the 1st quarter worth approximately $358,614,000. Vanguard Group Inc. increased its stake in Royal Caribbean Cruises by 2.1% during the first quarter. Vanguard Group Inc. now owns 28,674,763 shares of the company’s stock worth $5,890,943,000 after acquiring an additional 602,447 shares during the last quarter. Bessemer Group Inc. increased its stake in Royal Caribbean Cruises by 7,971.4% during the second quarter. Bessemer Group Inc. now owns 540,222 shares of the company’s stock worth $169,165,000 after acquiring an additional 533,529 shares during the last quarter. Geode Capital Management LLC raised its position in Royal Caribbean Cruises by 6.6% in the second quarter. Geode Capital Management LLC now owns 6,667,927 shares of the company’s stock valued at $2,079,877,000 after purchasing an additional 415,230 shares during the period. Finally, Adage Capital Partners GP L.L.C. lifted its stake in shares of Royal Caribbean Cruises by 179.2% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 645,200 shares of the company’s stock valued at $132,550,000 after purchasing an additional 414,100 shares during the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Insider Transactions at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares in the company, valued at $4,010,571.84. The trade was a 7.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.95% of the stock is owned by corporate insiders.

Analyst Ratings Changes

RCL has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Royal Caribbean Cruises in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lowered their price objective on shares of Royal Caribbean Cruises from $367.00 to $357.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Mizuho cut their target price on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Citigroup decreased their price target on Royal Caribbean Cruises from $399.00 to $336.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Finally, William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average price target of $324.64.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $246.92 on Tuesday. The company has a market cap of $67.34 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 0.84 and a beta of 2.04. The company has a quick ratio of 0.21, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. Royal Caribbean Cruises Ltd. has a 52 week low of $164.01 and a 52 week high of $366.50. The company has a fifty day simple moving average of $304.18 and a two-hundred day simple moving average of $301.92.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. During the same period in the previous year, the firm posted $5.20 EPS. Royal Caribbean Cruises’s revenue for the quarter was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. As a group, equities analysts anticipate that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Thursday, September 25th were paid a dividend of $1.00 per share. The ex-dividend date was Thursday, September 25th. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.6%. Royal Caribbean Cruises’s payout ratio is currently 26.90%.

Royal Caribbean Cruises Profile

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.