Berenberg Bank Upgrades Royal Caribbean Cruises (RCL) to "Buy"

Lloyd Doyle
January 23, 2018

The institutional investor held 17,050 shares of the o.e.m. company at the end of 2017Q3, valued at $1.52M, down from 21,650 at the end of the previous reported quarter. Capital International Ltd who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be less bullish one the $27.61B market cap company. About 3.47M shares traded or 53.46% up from the average.

Empire Company Limited (TSX:EMP.A) has a Price to Book ratio of 1.872016. It has underperformed by 2.23% the S&P500. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). Accern also assigned media stories about the company an impact score of 46.1077880615014 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. Lpl Financial Ltd Company has invested 0.01% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Assetmark Inc. now owns 1,225 shares of the company's stock valued at $145,000 after acquiring an additional 814 shares during the period.

Royal Caribbean Cruises (NYSE:RCL) opened at $128.97 on Thursday. It has outperformed by 21.52% the S&P500. Zacks Investment Research cut Royal Caribbean Cruises from a "buy" rating to a "hold" rating in a report on Wednesday, September 13th. Therefore 70% are positive.

Royal Caribbean Cruises Ltd. (NYSE:RCL) has a current MF Rank of 7505. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned "Buy" rating by Nomura on Wednesday, August 2. Deutsche Bank has "Hold" rating and $118 target. Royal Caribbean Cruises has a fifty-two week low of $84.50 and a fifty-two week high of $133.75. Goldstein Adam M also sold $14.19 million worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) on Wednesday, August 2.

From another technical standpoint, Royal Caribbean Cruises Ltd. (NYSE:RCL)'s 14-day Relative Strength Index (RSI) has reached 61.85, putting it inside a neutral zone. The firm earned "Hold" rating on Tuesday, November 14 by Berenberg.

In other news, CEO Richard D. Fain sold 20,000 shares of the stock in a transaction that occurred on Tuesday, January 16th. Shares for $906,644 were sold by Kulovaara Harri U. The insider REITAN BERNT sold $561,827. About 3.22 million shares traded or 27.83% up from the average. 17,000 shares valued at $2.05 million were sold by Pimentel Lawrence R on Friday, August 4.

ILLEGAL ACTIVITY NOTICE: "Royal Caribbean Cruises (RCL) Upgraded by Zacks Investment Research to Buy" was published by Registrar Journal and is the sole property of of Registrar Journal. The company is estimating to achieve earnings per share (EPS) growth of 96.70% in this year and the earnings per share (EPS) growth expected to be 16.24% in the next year. Waddell & Reed invested in 1.11M shares or 0.55% of the stock. The company's quarterly revenue was up.2% compared to the same quarter last year. equities analysts forecast that Royal Caribbean Cruises will post 7.39 earnings per share for the current fiscal year.

If the ratio is less than 1, then we can determine that there has been a decrease in price. Its down 0.01, from 1.26 in 2017Q2.


Institutional investors have recently added to or reduced their stakes in the business.

VANGUARD GROUP INC raised its stake in WEC Energy Group, Inc. 153.19 million shares or 1.72% more from 150.60 million shares in 2017Q2 were reported.

Royal Caribbean Cruises Ltd. Acrospire Investment Management LLC boosted its holdings in shares of Royal Caribbean Cruises by 25.0% during the second quarter. Guardian Trust has invested 0.24% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL).

Investors may be interested in viewing the Gross Margin score on shares of Empire Company Limited (TSX:EMP.A). Cornerstone Advsr Inc holds 0.14% or 1,688 shares in its portfolio. We have $119.86 PT which if reached, will make NYSE:RCL worth $1.64 billion less. Greenleaf Tru owns 191 shares for 0% of their portfolio. 20,820 were reported by Commonwealth Bancshares Of. Bkd Wealth Advisors Limited owns 3,338 shares for 0.04% of their portfolio. Lpl Ltd Liability Corp invested in 3,510 shares. Royal Caribbean Cruises Ltd. (NYSE:RCL) for the trailing twelve months paying dividend with the payout ratio of 27.40% to its shareholders. The score helps determine if a company's stock is valuable or not. Hein LeLand J sold $471,350 worth of Fastenal Company (NASDAQ:FAST) on Monday, October 16.

Investors sentiment decreased to 1.18 in 2017 Q3. Its up 0.08, from 0.85 in 2017Q2. It turned negative, as 57 investors sold HAS shares while 164 reduced holdings. 62 funds opened positions while 213 raised stakes. Livforsakringsbolaget Skandia Omsesidigt owns 7,999 shares or 0.08% of their United States portfolio. Eqis Cap Mgmt has 8,920 shares for 0.03% of their portfolio. (NASDAQ:HAS). First Republic Invest Management Incorporated holds 0.02% or 29,865 shares. 82,289 were reported by Asset Management One Co Ltd. 5,842 were accumulated by Amalgamated Bank. Tokio Marine Asset Mgmt Company Ltd invested in 10,328 shares or 0.34% of the stock. Ls Advsrs Ltd Company holds 0.03% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 4,889 shares. Manning Napier Advisors Limited Liability Corporation owns 74,165 shares or 0.03% of their USA portfolio.

Several research analysts have issued reports on the company. California State Teachers Retirement holds 0.13% or 840,401 shares in its portfolio. Amica Mutual Insurance accumulated 8,808 shares. On the other end, a stock with a score from 0-2 would be viewed as weak. Going forward, we are particularly positive on the company's new three-year program - 20/20 Vision - created to drive performance. Whittier Tru reported 137,919 shares or 0.35% of all its holdings. Hasbro Inc. had 56 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, February 9, the company rating was maintained by Barclays Capital. Wolfe Research has "Outperform" rating and $113 target. The rating was maintained by KeyBanc Capital Markets with "Overweight" on Thursday, August 31. On Wednesday, February 3 the stock rating was maintained by Wedbush with "Outperform". Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0.20 as current ratio and on the opponent side the debt to equity ratio was 0.70 and long-term debt to equity ratio also remained 0.56. Noesis Capital Mangement Corp, a Florida-based fund reported 75,566 shares. Goldman Sachs downgraded the shares of RCL in report on Thursday, January 19 to "Sell" rating.

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