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

Simon Quick Advisors LLC lessened its position in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 77.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Frazier Financial Advisors LLC lifted its position in shares of Royal Caribbean Cruises by 27.1% during the 2nd quarter. Frazier Financial Advisors LLC now owns 136 shares of the company’s stock worth $43,000 after purchasing an additional 29 shares during the last quarter. Prosperity Financial Group Inc. raised its stake in 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. lifted its holdings in Royal Caribbean Cruises by 29.1% during the 2nd quarter. Westside Investment Management Inc. now owns 142 shares of the company’s stock worth $45,000 after buying an additional 32 shares during the last quarter. CX Institutional boosted its position 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 acquiring an additional 34 shares in the last quarter. Finally, Rakuten Securities Inc. increased its holdings 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 valued at $79,000 after acquiring an additional 35 shares during the last quarter. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Up 1.5%

RCL stock opened at $283.15 on Monday. The stock has a market capitalization of $77.22 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 0.74 and a beta of 1.94. The company has a fifty day moving average of $271.99 and a 200-day moving average of $306.92. 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 Ltd. has a one year low of $164.01 and a one year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.16 billion. During the same period in the prior year, the company posted $5.20 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises declared that its Board of Directors has initiated a share buyback plan on Wednesday, December 10th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be issued a dividend of $1.00 per share. 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 is currently 26.90%.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction on 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 transaction, the director owned 14,234 shares in the company, valued at approximately $4,010,571.84. This represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 6.95% of the company’s stock.

Analysts Set New Price Targets

RCL has been the topic of several research analyst reports. Barclays cut their price target 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. Royal Bank Of Canada set a $360.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. The Goldman Sachs Group decreased their target price on shares of Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Finally, Citigroup reissued a “buy” rating on shares of Royal Caribbean Cruises in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and a consensus target price of $324.82.

About Royal Caribbean Cruises

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.