Numeric Investors LLC bought a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 141,600 shares of the company’s stock, valued at approximately $15,467,000. Numeric Investors LLC owned about 0.07% of Royal Caribbean Cruises at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of RCL. BlackRock Inc. raised its stake in shares of Royal Caribbean Cruises by 3,290.6% in the first quarter. BlackRock Inc. now owns 10,359,358 shares of the company’s stock valued at $1,016,356,000 after acquiring an additional 10,053,823 shares during the last quarter. Vanguard Group Inc. raised its position in Royal Caribbean Cruises by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 17,178,558 shares of the company’s stock worth $1,876,413,000 after purchasing an additional 673,608 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Royal Caribbean Cruises by 1,754.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 684,387 shares of the company’s stock worth $74,756,000 after purchasing an additional 647,483 shares during the last quarter. Capital Growth Management LP bought a new position in Royal Caribbean Cruises in the 2nd quarter worth approximately $61,933,000. Finally, American Century Companies Inc. raised its position in Royal Caribbean Cruises by 9,025.9% in the 2nd quarter. American Century Companies Inc. now owns 531,677 shares of the company’s stock worth $58,075,000 after purchasing an additional 525,851 shares during the last quarter. Institutional investors own 71.51% of the company’s stock.

In other news, Director Bernt Reitan sold 4,793 shares of the stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $117.22, for a total transaction of $561,835.46. Following the completion of the sale, the director now directly owns 7,862 shares in the company, valued at $921,583.64. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Richard D. Fain sold 210,706 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $115.83, for a total transaction of $24,406,075.98. Following the completion of the sale, the chief executive officer now owns 967,741 shares of the company’s stock, valued at $112,093,440.03. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 480,079 shares of company stock valued at $56,139,855. 15.30% of the stock is currently owned by corporate insiders.

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Royal Caribbean Cruises Ltd. (RCL) opened at 118.54 on Friday. The stock has a 50 day moving average of $120.04 and a 200 day moving average of $109.23. Royal Caribbean Cruises Ltd. has a one year low of $67.53 and a one year high of $125.00. The firm has a market cap of $25.50 billion, a price-to-earnings ratio of 16.63 and a beta of 1.03.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $1.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.04. Royal Caribbean Cruises had a net margin of 17.73% and a return on equity of 16.71%. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the company posted $1.09 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 4.3% compared to the same quarter last year. Equities research analysts predict that Royal Caribbean Cruises Ltd. will post $7.43 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Friday, September 22nd will be given a dividend of $0.60 per share. The ex-dividend date is Thursday, September 21st. This is a boost from Royal Caribbean Cruises’s previous quarterly dividend of $0.48. This represents a $2.40 annualized dividend and a dividend yield of 2.02%. Royal Caribbean Cruises’s dividend payout ratio is 33.71%.

Several research firms recently weighed in on RCL. Zacks Investment Research cut shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Tuesday. Stifel Nicolaus restated a “buy” rating and issued a $134.00 price objective on shares of Royal Caribbean Cruises in a research report on Thursday, September 7th. BidaskClub upgraded shares of Royal Caribbean Cruises from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. Goldman Sachs Group, Inc. (The) cut shares of Royal Caribbean Cruises to a “sell” rating in a research report on Tuesday, August 15th. Finally, UBS AG restated a “buy” rating and issued a $131.00 price objective (up previously from $112.00) on shares of Royal Caribbean Cruises in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $118.14.

Royal Caribbean Cruises Company Profile

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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