Sentry Investment Management LLC decreased its holdings in Royal Caribbean Cruises Ltd (NYSE:RCL) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,422 shares of the company’s stock after selling 591 shares during the quarter. Sentry Investment Management LLC’s holdings in Royal Caribbean Cruises were worth $1,482,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Royal Caribbean Cruises by 148.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 108,281 shares of the company’s stock worth $12,836,000 after buying an additional 64,663 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Royal Caribbean Cruises by 10.1% in the third quarter. Stifel Financial Corp now owns 97,388 shares of the company’s stock worth $11,551,000 after buying an additional 8,960 shares during the last quarter. PGGM Investments boosted its holdings in shares of Royal Caribbean Cruises by 198.8% in the third quarter. PGGM Investments now owns 288,965 shares of the company’s stock worth $34,254,000 after buying an additional 192,265 shares during the last quarter. Invictus RG boosted its holdings in shares of Royal Caribbean Cruises by 167.5% in the third quarter. Invictus RG now owns 2,539 shares of the company’s stock worth $301,000 after buying an additional 1,590 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in shares of Royal Caribbean Cruises by 16.1% in the third quarter. Jaffetilchin Investment Partners LLC now owns 9,962 shares of the company’s stock worth $1,181,000 after buying an additional 1,379 shares during the last quarter. 67.28% of the stock is currently owned by institutional investors.

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

Shares of Royal Caribbean Cruises Ltd (RCL) opened at $129.27 on Tuesday. Royal Caribbean Cruises Ltd has a one year low of $93.40 and a one year high of $135.65. The company has a market cap of $29,275.21, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 0.65 and a beta of 1.11. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 0.59.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Wednesday, January 24th. The company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.97 billion. During the same quarter last year, the business earned $1.23 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. equities analysts forecast that Royal Caribbean Cruises Ltd will post 8.67 earnings per share for the current year.

In other Royal Caribbean Cruises news, CEO Lisa Lutoff-Perlo sold 7,404 shares of the firm’s 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 sale, the chief executive officer now owns 33,979 shares in the company, valued at approximately $4,571,874.45. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Bradley H. Stein sold 8,528 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $124.34, for a total transaction of $1,060,371.52. Following the sale, the chief executive officer now owns 17,341 shares in the company, valued at approximately $2,156,179.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,895 shares of company stock worth $8,982,161. 15.30% of the stock is owned by company insiders.

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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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