MASTERINVEST Kapitalanlage GmbH Buys Shares of 9,313 Royal Caribbean Cruises Ltd. $RCL

MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,313 shares of the company’s stock, valued at approximately $2,916,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Stance Capital LLC acquired a new stake in shares of Royal Caribbean Cruises during the second quarter valued at $707,000. B. Riley Wealth Advisors Inc. acquired a new position in Royal Caribbean Cruises in the 2nd quarter valued at about $215,000. Geneos Wealth Management Inc. lifted its holdings in Royal Caribbean Cruises by 10.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,090 shares of the company’s stock valued at $654,000 after purchasing an additional 196 shares in the last quarter. Kestra Investment Management LLC boosted its stake in shares of Royal Caribbean Cruises by 366.0% during the 2nd quarter. Kestra Investment Management LLC now owns 904 shares of the company’s stock worth $283,000 after purchasing an additional 710 shares during the last quarter. Finally, Castleark Management LLC boosted its stake in shares of Royal Caribbean Cruises by 80.4% during the 2nd quarter. Castleark Management LLC now owns 35,570 shares of the company’s stock worth $11,138,000 after purchasing an additional 15,850 shares during the last quarter. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. Citigroup reaffirmed a “buy” rating on shares of Royal Caribbean Cruises in a research note on Friday. Mizuho cut their price target on Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating for the company in a report on Monday, October 20th. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. Finally, Wells Fargo & Company lowered their price objective on Royal Caribbean Cruises from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $327.45.

Royal Caribbean Cruises Stock Down 0.4%

Shares of RCL opened at $278.67 on Friday. Royal Caribbean Cruises Ltd. has a fifty-two week low of $164.01 and a fifty-two week high of $366.50. The company’s fifty day moving average is $278.87 and its two-hundred day moving average is $304.26. The firm has a market cap of $76.00 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 0.84 and a beta of 1.91. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, topping 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 business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.16 billion. During the same period last year, the company posted $5.20 EPS. The business’s quarterly revenue was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. Analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, December 26th. Royal Caribbean Cruises’s payout ratio is currently 26.90%.

Insider Activity

In related news, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the sale, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This represents a 7.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 6.95% of the company’s stock.

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.