Royal Caribbean Cruises Ltd. $RCL Shares Sold by Simon Quick Advisors LLC

Simon Quick Advisors LLC trimmed its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 77.1% in the third quarter, Holdings Channel.com reports. The fund owned 714 shares of the company’s stock after selling 2,403 shares during the period. Simon Quick Advisors LLC’s holdings in Royal Caribbean Cruises were worth $231,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Frazier Financial Advisors LLC increased its stake in Royal Caribbean Cruises by 27.1% in the 2nd quarter. Frazier Financial Advisors LLC now owns 136 shares of the company’s stock valued at $43,000 after purchasing an additional 29 shares in the last quarter. Prosperity Financial Group Inc. increased its position in shares of Royal Caribbean Cruises by 0.5% in the second quarter. Prosperity Financial Group Inc. now owns 6,936 shares of the company’s stock valued at $2,172,000 after buying an additional 32 shares in the last quarter. Westside Investment Management Inc. increased its position in shares of Royal Caribbean Cruises by 29.1% in the second quarter. Westside Investment Management Inc. now owns 142 shares of the company’s stock valued at $45,000 after buying an additional 32 shares in the last quarter. CX Institutional raised its stake in shares of Royal Caribbean Cruises by 1.4% during the 2nd quarter. CX Institutional now owns 2,423 shares of the company’s stock worth $759,000 after buying an additional 34 shares during the last quarter. Finally, Rakuten Securities Inc. boosted its position in shares of Royal Caribbean Cruises by 16.1% in the 2nd quarter. Rakuten Securities Inc. now owns 252 shares of the company’s stock worth $79,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $283.15 on Monday. Royal Caribbean Cruises Ltd. has a 1 year low of $164.01 and a 1 year high of $366.50. The company’s 50 day simple moving average is $271.99 and its 200 day simple moving average is $306.92. The company has a market capitalization of $77.22 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 0.74 and a beta of 1.94. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.14 and a current ratio of 0.16.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, beating 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 company had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.16 billion. During the same period in the previous year, the firm posted $5.20 EPS. Royal Caribbean Cruises’s 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. On average, sell-side analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, December 26th. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 26.90%.

Royal Caribbean Cruises declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 10th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to buy up to 2.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on RCL. Barclays lowered their price objective on shares of Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. Stifel Nicolaus cut their price objective on Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Jefferies Financial Group reduced their target price on Royal Caribbean Cruises from $286.00 to $275.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. Finally, Susquehanna set a $350.00 price target on Royal Caribbean Cruises and gave the stock a “positive” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $324.82.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the completion of the sale, the director owned 14,234 shares in the company, valued at $4,010,571.84. The trade was a 7.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 6.95% of the company’s stock.

Royal Caribbean Cruises Profile

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.