Prosperity Financial Group Inc. reduced its position in Royal Caribbean Cruises Ltd. (NYSE:RCL – Free Report) by 51.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,587 shares of the company’s stock after selling 3,852 shares during the period. Prosperity Financial Group Inc.’s holdings in Royal Caribbean Cruises were worth $1,000,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its stake in Royal Caribbean Cruises by 3.0% in the 4th quarter. CWM LLC now owns 13,620 shares of the company’s stock worth $3,799,000 after acquiring an additional 392 shares during the period. KBC Group NV grew its stake in shares of Royal Caribbean Cruises by 1.6% during the 4th quarter. KBC Group NV now owns 142,909 shares of the company’s stock valued at $39,860,000 after buying an additional 2,240 shares during the period. PFG Investments LLC grew its stake in shares of Royal Caribbean Cruises by 78.0% during the 4th quarter. PFG Investments LLC now owns 1,563 shares of the company’s stock valued at $436,000 after buying an additional 685 shares during the period. Annex Advisory Services LLC grew its stake in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Annex Advisory Services LLC now owns 949 shares of the company’s stock valued at $265,000 after buying an additional 85 shares during the period. Finally, BCS Wealth Management grew its stake in shares of Royal Caribbean Cruises by 100.0% during the 4th quarter. BCS Wealth Management now owns 1,442 shares of the company’s stock valued at $402,000 after buying an additional 721 shares during the period. 87.53% of the stock is owned by hedge funds and other institutional investors.
Royal Caribbean Cruises News Roundup
Here are the key news stories impacting Royal Caribbean Cruises this week:
- Positive Sentiment: Zacks and industry coverage highlight resilient cruise demand, pricing power and digital investments that position Royal Caribbean to withstand inflationary headwinds — a thematic positive for revenue and margin outlook. Zacks Industry Outlook Highlights Royal Caribbean Cruises, Norwegian Cruise Line and OneSpaWorld
- Positive Sentiment: Coverage of the Leisure & Recreation sector points to strong bookings and demand for cruise operators (including RCL), which supports medium-term revenue growth expectations. 3 Leisure Stocks Showing Strength Despite Industry Headwinds
- Neutral Sentiment: Royal Caribbean Group launched the Royal Caribbean Group Foundation to formalize CSR and community investments; positive for brand and ESG positioning but unlikely to move near-term earnings materially. Royal Caribbean Group Officially Launches Royal Caribbean Group Foundation, Building on Decades of Meaningful Global Impact
- Neutral Sentiment: Interest metrics and “trending” articles (Zacks/Yahoo) show elevated investor attention — useful for liquidity and volatility but not a direct buy/sell signal. Is Trending Stock Royal Caribbean Cruises Ltd. (RCL) a Buy Now?
- Negative Sentiment: Zacks reports RCL shares sank even as the broader market gained, signaling profit-taking/rotation and raising short-term technical pressure on the stock. Royal Caribbean (RCL) Stock Sinks As Market Gains: Here’s Why
- Negative Sentiment: UBS issued a pessimistic forecast for RCL’s share price, which can prompt selling pressure from institutions and influence short-term analyst-driven flows. UBS Group Issues Pessimistic Forecast for Royal Caribbean Cruises (NYSE:RCL) Stock Price
- Negative Sentiment: Macro/market commentary calling profitable companies “skeptical” targets can amplify caution on high-margin cyclical names like RCL if investors fear competition or margin erosion. 3 Profitable Stocks We’re Skeptical Of
Royal Caribbean Cruises Stock Down 5.9%
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The company reported $2.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.80. Royal Caribbean Cruises had a net margin of 23.80% and a return on equity of 45.06%. The firm had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the prior year, the company earned $1.63 EPS. The firm’s revenue was up 13.2% on a year-over-year basis. Equities research analysts forecast that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.
Royal Caribbean Cruises Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Friday, March 6th were given a dividend of $1.50 per share. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Friday, March 6th. This represents a $6.00 dividend on an annualized basis and a yield of 2.3%. Royal Caribbean Cruises’s dividend payout ratio is currently 38.44%.
Insider Buying and Selling
In related news, Director Maritza Gomez Montiel sold 1,385 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $327.18, for a total transaction of $453,144.30. Following the completion of the sale, the director directly owned 12,849 shares of the company’s stock, valued at approximately $4,203,935.82. This represents a 9.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Laura H. Bethge sold 7,854 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $326.21, for a total transaction of $2,562,053.34. Following the sale, the insider directly owned 32,786 shares of the company’s stock, valued at approximately $10,695,121.06. This trade represents a 19.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,967,319 shares of company stock valued at $626,681,935. Company insiders own 6.95% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on RCL. Barclays lowered their price objective on shares of Royal Caribbean Cruises from $361.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. Mizuho set a $379.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, January 30th. Stifel Nicolaus boosted their price objective on shares of Royal Caribbean Cruises from $380.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. lowered their price objective on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $380.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $349.20.
Read Our Latest Stock Report on Royal Caribbean Cruises
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.
See Also
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