Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,982 shares of the company’s stock after acquiring an additional 927 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Royal Caribbean Cruises were worth $2,961,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in RCL. TLP Group LLC acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $105,000. Acrospire Investment Management LLC grew its position in Royal Caribbean Cruises by 25.0% during the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the company’s stock valued at $109,000 after buying an additional 200 shares during the period. Pinebridge Investments L.P. acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $121,000. Oppenheimer Asset Management Inc. grew its position in Royal Caribbean Cruises by 9.8% during the second quarter. Oppenheimer Asset Management Inc. now owns 1,334 shares of the company’s stock valued at $146,000 after buying an additional 119 shares during the period. Finally, Huntington National Bank grew its position in Royal Caribbean Cruises by 89.6% during the third quarter. Huntington National Bank now owns 1,346 shares of the company’s stock valued at $160,000 after buying an additional 636 shares during the period. Hedge funds and other institutional investors own 72.23% of the company’s stock.

In other Royal Caribbean Cruises news, CEO Richard D. Fain sold 20,000 shares of Royal Caribbean Cruises stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $123.76, for a total transaction of $2,475,200.00. Following the transaction, the chief executive officer now directly owns 895,416 shares of the company’s stock, valued at $110,816,684.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 60,000 shares of company stock worth $7,415,000. Insiders own 15.30% of the company’s stock.

Royal Caribbean Cruises Ltd. (RCL) opened at $124.40 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.13. The firm has a market cap of $26,630.00, a PE ratio of 16.76, a PEG ratio of 0.75 and a beta of 1.07. Royal Caribbean Cruises Ltd. has a 52 week low of $78.77 and a 52 week high of $133.75.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $3.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.43 by $0.06. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.57 billion. Royal Caribbean Cruises had a net margin of 18.41% and a return on equity of 16.64%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the firm posted $3.20 earnings per share. research analysts anticipate that Royal Caribbean Cruises Ltd. will post 7.39 EPS for the current year.

Several analysts recently commented on the stock. 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. SunTrust Banks, Inc. restated a “buy” rating and set a $137.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, November 10th. Deutsche Bank AG raised their price target on shares of Royal Caribbean Cruises from $114.00 to $118.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. Buckingham Research raised their price target on shares of Royal Caribbean Cruises from $149.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Finally, Stifel Nicolaus raised their price target on shares of Royal Caribbean Cruises from $134.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $126.33.

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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).

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

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