Shelton Capital Management bought a new stake in Royal Caribbean Cruises Ltd (NYSE:RCL) during the fourth quarter, HoldingsChannel reports. The fund bought 18,136 shares of the company’s stock, valued at approximately $2,163,000.

Other hedge funds have also recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Royal Caribbean Cruises in the 3rd quarter valued at about $119,000. ClariVest Asset Management LLC bought a new stake in shares of Royal Caribbean Cruises in the 3rd quarter valued at about $142,000. Assetmark Inc. raised its holdings in shares of Royal Caribbean Cruises by 198.1% in the 3rd quarter. Assetmark Inc. now owns 1,225 shares of the company’s stock valued at $145,000 after purchasing an additional 814 shares during the period. Huntington National Bank raised its holdings in shares of Royal Caribbean Cruises by 89.6% in the 3rd quarter. Huntington National Bank now owns 1,346 shares of the company’s stock valued at $160,000 after purchasing an additional 636 shares during the period. Finally, Cornerstone Advisors Inc. bought a new stake in shares of Royal Caribbean Cruises in the 3rd quarter valued at about $200,000. 67.04% of the stock is currently owned by institutional investors.

In other Royal Caribbean Cruises news, CEO Lisa Lutoff-Perlo sold 7,404 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $134.55, for a total transaction of $996,208.20. Following the transaction, the chief executive officer now owns 33,979 shares in the company, valued at approximately $4,571,874.45. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Richard D. Fain sold 20,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $123.00, for a total transaction of $2,460,000.00. Following the transaction, the chief executive officer now owns 847,741 shares in the company, valued at approximately $104,272,143. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 73,296 shares of company stock worth $9,266,380. Company insiders own 15.30% of the company’s stock.

A number of equities research analysts have recently issued reports on RCL shares. ValuEngine cut shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. JPMorgan Chase & Co. upped their target price on shares of Royal Caribbean Cruises from $139.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, January 25th. Bank of America upped their target price on shares of Royal Caribbean Cruises from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, January 25th. Zacks Investment Research cut shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. Finally, Deutsche Bank increased their price target on shares of Royal Caribbean Cruises from $114.00 to $118.00 and gave the company a “hold” rating in a report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Royal Caribbean Cruises has a consensus rating of “Buy” and a consensus target price of $137.67.

Royal Caribbean Cruises Ltd (RCL) opened at $124.47 on Friday. The firm has a market cap of $28,800.10, a PE ratio of 16.53, a price-to-earnings-growth ratio of 0.64 and a beta of 1.11. The company has a quick ratio of 0.15, a current ratio of 0.18 and a debt-to-equity ratio of 0.59. Royal Caribbean Cruises Ltd has a fifty-two week low of $93.40 and a fifty-two week high of $135.65.

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

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Royal Caribbean Cruises 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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