Aperio Group LLC lifted its stake in shares of Royal Caribbean Cruises Ltd (NYSE:RCL) by 5.5% in the fourth quarter, HoldingsChannel reports. The firm owned 57,823 shares of the company’s stock after buying an additional 3,009 shares during the period. Aperio Group LLC’s holdings in Royal Caribbean Cruises were worth $6,897,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in RCL. HighTower Advisors LLC increased its stake in shares of Royal Caribbean Cruises by 78.3% during the second quarter. HighTower Advisors LLC now owns 3,879 shares of the company’s stock worth $421,000 after purchasing an additional 1,704 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Royal Caribbean Cruises by 221.9% during the second quarter. Janus Henderson Group PLC now owns 62,092 shares of the company’s stock worth $6,783,000 after purchasing an additional 42,800 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $666,000. The Manufacturers Life Insurance Company increased its stake in shares of Royal Caribbean Cruises by 1,614.4% during the second quarter. The Manufacturers Life Insurance Company now owns 189,923 shares of the company’s stock worth $20,745,000 after purchasing an additional 178,845 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Royal Caribbean Cruises by 5.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 16,370 shares of the company’s stock worth $1,788,000 after purchasing an additional 881 shares in the last quarter. 67.28% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Ltd (NYSE:RCL) opened at $129.27 on Tuesday. The firm has a market cap of $27,580.00, a PE ratio of 17.17, a P/E/G ratio of 0.65 and a beta of 1.10. Royal Caribbean Cruises Ltd has a 52-week low of $93.40 and a 52-week high of $135.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.15 and a current ratio of 0.18.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.97 billion. Royal Caribbean Cruises had a net margin of 18.51% and a return on equity of 16.22%. Royal Caribbean Cruises’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.23 earnings per share. analysts anticipate that Royal Caribbean Cruises Ltd will post 8.67 EPS for the current fiscal year.

RCL has been the subject of a number of research reports. SunTrust Banks reissued a “buy” rating and set a $137.00 target price on shares of Royal Caribbean Cruises in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a research report on Wednesday, January 17th. Stifel Nicolaus boosted their price target on shares of Royal Caribbean Cruises from $134.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Macquarie lowered shares of Royal Caribbean Cruises from an “outperform” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Thursday, November 30th. Finally, Berenberg Bank lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating and set a $135.00 price target on the stock. in a research report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $137.67.

In other Royal Caribbean Cruises news, CEO Lisa Lutoff-Perlo sold 7,404 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $134.55, for a total value of $996,208.20. Following the transaction, the chief executive officer now directly owns 33,979 shares in the company, valued at approximately $4,571,874.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard D. Fain sold 20,000 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $128.10, for a total transaction of $2,562,000.00. Following the completion of the transaction, the chief executive officer now owns 807,741 shares in the company, valued at $103,471,622.10. The disclosure for this sale can be found here. Insiders sold a total of 70,895 shares of company stock worth $8,982,161 over the last quarter. 15.30% of the stock is currently owned by company insiders.

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About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

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Institutional Ownership by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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