Royal Caribbean Cruises (RCL) Holder Dsm Capital Partners LLC Cut Its Stake as Share Price Rose

Royal Caribbean Cruises Ltd. (NYSE:RCL) LogoInvestors sentiment decreased to 0.99 in Q2 2018. Its down 0.15, from 1.14 in 2018Q1. It is negative, as 70 investors sold RCL shares while 176 reduced holdings. 69 funds opened positions while 175 raised stakes. 142.37 million shares or 1.46% less from 144.48 million shares in 2018Q1 were reported. Capital Investors owns 825,658 shares or 0.1% of their US portfolio. Primecap Management Company Ca reported 9.68 million shares stake. Deutsche Bancorp Ag holds 444,101 shares or 0.03% of its portfolio. Sei Invs holds 0.01% or 42,217 shares in its portfolio. Cap International Sarl invested 0.27% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Pnc Financial Service Grp Inc stated it has 609,665 shares. Macroview Invest Mgmt Ltd Limited Liability Company, a Maryland-based fund reported 100 shares. Massmutual Trust Company Fsb Adv reported 0% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Piedmont Advsr Ltd Llc reported 20,545 shares or 0.1% of all its holdings. Acg Wealth invested in 10,618 shares or 0.17% of the stock. Raymond James Associate has invested 0.02% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Suntrust Banks reported 6,806 shares. 64,424 were reported by Amp Invsts. United Kingdom-based Jupiter Asset Mgmt has invested 0.39% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Earnest Ptnrs Limited Company reported 104,334 shares stake.

Since June 13, 2018, it had 0 insider buys, and 3 selling transactions for $3.16 million activity. On Monday, November 19 the insider REITAN BERNT sold $168,179. On Thursday, September 13 Kulovaara Harri U sold $828,652 worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) or 6,600 shares.

Dsm Capital Partners Llc decreased its stake in Royal Caribbean Cruises (RCL) by 22.73% based on its latest 2018Q2 regulatory filing with the SEC. Dsm Capital Partners Llc sold 686,873 shares as the company’s stock rose 14.56% with the market. The hedge fund held 2.34M shares of the marine transportation company at the end of 2018Q2, valued at $241.93M, down from 3.02M at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Royal Caribbean Cruises for a number of months, seems to be less bullish one the $21.93 billion market cap company. The stock decreased 4.83% or $5.32 during the last trading session, reaching $104.92. About 1.42 million shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 1.68% since December 8, 2017 and is uptrending. It has underperformed by 13.94% the S&P500.

Dsm Capital Partners Llc, which manages about $5.78B and $6.56B US Long portfolio, upped its stake in Canadian Pacific Railway (NYSE:CP) by 53,615 shares to 560,617 shares, valued at $102.60M in 2018Q2, according to the filing.

Analysts await Royal Caribbean Cruises Ltd. (NYSE:RCL) to report earnings on January, 23. They expect $1.50 earnings per share, up 11.94 % or $0.16 from last year’s $1.34 per share. RCL’s profit will be $313.50M for 17.49 P/E if the $1.50 EPS becomes a reality. After $3.98 actual earnings per share reported by Royal Caribbean Cruises Ltd. for the previous quarter, Wall Street now forecasts -62.31 % negative EPS growth.

More notable recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Investorplace.com which released: “7 High-Yield Dividend Stocks Worth Buying Now – Investorplace.com” on November 29, 2018, also Seekingalpha.com with their article: “Royal Caribbean: Lower Risk But Also Less Reward – Seeking Alpha” published on May 15, 2018, Seekingalpha.com published: “Profit guidance from Royal Caribbean short of consensus – Seeking Alpha” on October 25, 2018. More interesting news about Royal Caribbean Cruises Ltd. (NYSE:RCL) were released by: Bizjournals.com and their article: “A look inside Celebrity Cruises’ latest ship, Celebrity Edge (Photos) – South Florida Business Journal” published on December 05, 2018 as well as Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Unifirst, Royal Caribbean Cruises, Albemarle, Tableau Software, Huami, and Johnson & Johnson — Future Expectations, Projections Moving into 2018 – GlobeNewswire” with publication date: November 30, 2018.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Coverage

Among 10 analysts covering Royal Caribbean Cruises (NYSE:RCL), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Royal Caribbean Cruises had 13 analyst reports since June 15, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Macquarie Research on Friday, October 26. The rating was maintained by Wells Fargo with “Outperform” on Monday, October 29. The firm has “Buy” rating given on Tuesday, July 24 by Stifel Nicolaus. JP Morgan maintained the stock with “Overweight” rating in Friday, June 15 report. Nomura maintained it with “Buy” rating and $153 target in Thursday, October 18 report. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Stifel Nicolaus on Monday, September 24. Citigroup maintained the shares of RCL in report on Friday, August 17 with “Buy” rating. Nomura maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) on Friday, October 26 with “Buy” rating. Citigroup maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) on Tuesday, October 30 with “Buy” rating. The rating was upgraded by Deutsche Bank on Wednesday, August 29 to “Buy”.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.