Royal Caribbean Cruises posts stronger second quarter results

Henrietta Brewer
August 2, 2017

Stifel Nicolaus maintained the shares of RCL in report on Monday, December 21 with "Buy" rating. Prudential Financial Inc. now owns 477,787 shares of the company's stock worth $46,875,000 after buying an additional 72,120 shares during the last quarter. In this case, shares are down -3.15% from $39.37, the 52-week high touched on Jun. 20, 2017, and are keeping their losses at 4.52% for the past 12 months. BEZOS JEFFREY P had sold 1.00 million shares worth $940.74 million. Janney Montgomery Scott Limited Liability Co holds 6,226 shares. Performance history gives insight to investors into the health of companies in which they invested. Us Natl Bank De invested in 0.03% or 94,563 shares. NEXT Financial Group Inc raised its position in Royal Caribbean Cruises by 25.0% in the first quarter. Royal Caribbean Cruises Ltd. has a 52-week low of $65.10 and a 52-week high of $120.00. The fund owned 571,000 shares of the company's stock after buying an additional 203,000 shares during the period. State Board Of Administration Of Florida Retirement Systems accumulated 259,422 shares.

Shares of Masco Corporation (NYSE:MAS) are on a recovery track as they have regained 29.78% since bottoming out at $29.38 on November 03, 2016.

Royal Caribbean Cruises (NYSE:RCL) traded up 0.09% during trading on Thursday, reaching $113.39. Zurcher Kantonalbank (Zurich Cantonalbank) has 35,689 shares.

Since February 7, 2017, it had 0 buys, and 12 sales for $12.22 million activity. About 4,392 shares traded.

Ratings analysis reveals 67% of Royal Caribbean's analysts are positive.

In other news, CEO Richard D. Fain sold 20,000 shares of the stock in a transaction dated Thursday, July 13th. Rmb Capital Management Llc acquired 332,987 shares as Seaworld Entmt Inc (SEAS)'s stock declined 5.93%. Bayley Michael W had sold 13,072 shares worth $1.24M. On average, analysts anticipate that Royal Caribbean Cruises will post $7.26 earnings per share for the current fiscal year. However, the company's most recent quarter increase of 2.8% looks unattractive. This technical setup was reported by Potlatch Corporation (PCH) has $1.98 billion valuation.

Potlatch Corporation (PCH) formed wedge up with $50.75 target or 4.00% above today's $48.80 share price. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The company had a trading volume of 3,280,438 shares.

Shares in Royal Caribbean rose 3.7% to $117.25 in premarket trading after the cruise operator beat second-quarter profit and sales expectations and raised its earnings outlook. It has outperformed by 20.71% the S&P500. Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.01% in Royal Caribbean Cruises Ltd (NYSE:RCL). One research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the company's stock. Therefore 90% are positive. The rating was upgraded by Argus Research on Monday, January 30 to "Buy". The firm earned "Neutral" rating on Thursday, October 27 by JP Morgan. As per Thursday, September 17, the company rating was maintained by Morgan Stanley. They now have a Dollars 100 price target on the stock.

05/01/2017 - Royal Caribbean Cruises Ltd. had its "hold" rating reiterated by analysts at Deutsche Bank. "Lowers Position in Royal Caribbean Cruises Ltd. (NYSE:RCL)" was first published by Transcript Daily and is owned by of Transcript Daily. The firm earned "Outperform" rating on Friday, March 18 by Wells Fargo. The rating was initiated by Sterne Agee CRT with "Neutral" on Tuesday, June 7. BidaskClub lowered Royal Caribbean Cruises from a "strong-buy" rating to a "buy" rating in a research report on Monday. Hartford Investment Management Co.'s holdings in Royal Caribbean Cruises were worth $3,983,000 as of its most recent SEC filing. United Capital Financial Advisers LLC increased its stake in shares of Royal Caribbean Cruises by 1.1% in the fourth quarter. The firm has a market capitalization of $25.27 billion, a price-to-earnings ratio of 18.16 and a beta of 1.06. The Company operates through two segments: Beer Related operations, which include the brewing operations and related domestic and worldwide beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers. The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

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