Personal CFO Solutions LLC Sells 325 Shares of Royal Caribbean Cruises Ltd. $RCL

Personal CFO Solutions LLC decreased its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 20.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,283 shares of the company’s stock after selling 325 shares during the period. Personal CFO Solutions LLC’s holdings in Royal Caribbean Cruises were worth $402,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in RCL. Opal Wealth Advisors LLC acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth approximately $31,000. 1 North Wealth Services LLC acquired a new position in shares of Royal Caribbean Cruises during the second quarter worth approximately $31,000. Trust Co. of Toledo NA OH bought a new stake in shares of Royal Caribbean Cruises in the second quarter valued at approximately $32,000. Finally, Financial Gravity Companies Inc. acquired a new stake in shares of Royal Caribbean Cruises in the second quarter worth $38,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the business’s stock in a transaction 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 sale, the director owned 14,234 shares in the company, valued at approximately $4,010,571.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Tigress Financial upped their target price on shares of Royal Caribbean Cruises from $330.00 to $415.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. Susquehanna set a $350.00 target price on Royal Caribbean Cruises and gave the stock a “positive” rating in a research report on Thursday, October 30th. Wells Fargo & Company began coverage on Royal Caribbean Cruises in a report on Tuesday, November 18th. They issued an “overweight” rating and a $320.00 price target for the company. Finally, Stifel Nicolaus decreased their price objective on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $326.82.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $263.82 on Friday. The firm has a market capitalization of $71.95 billion, a PE ratio of 17.74, 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 12-month low of $164.01 and a 12-month high of $366.50. The firm has a 50-day moving average price of $297.17 and a 200 day moving average price of $302.18.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, beating 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 company had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.16 billion. During the same period in the prior year, the company posted $5.20 EPS. The company’s revenue was up 5.2% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS. Research 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 business also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Thursday, September 25th were paid a dividend of $1.00 per share. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. This represents a $4.00 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, September 25th. Royal Caribbean Cruises’s dividend 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.