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Royal Caribbean Cruises Ltd. receives $76,000 Investment from Eisler Capital UK Ltd.

February 18, 2023
minute read

According to its most recent SEC filing, Eisler Capital UK Ltd acquired a new investment in Royal Caribbean Cruises Ltd in the third quarter of this year.

The investment fund paid around $76,000 for 2,017 shares of the company's stock.

Some hedge funds have altered the proportion of their assets invested in the firm throughout the most recent quarter. Riverview Trust Company grew its Royal Caribbean Cruises holdings during the third quarter by acquiring extra shares.

These new purchases cost around $34,000 in total.

Due to the successful acquisition of new shares during the third quarter, the proportion of Royal Caribbean Cruises stock owned by Parkside Commercial Bank & Trust climbed by 32.1%.

Over the most recent fiscal quarter, Parkside Financial Bank & Trust acquired an additional 215 shares, bringing the total number of shares it holds in the firm to 885.

This increased the bank's total investment in the firm to $34,000.

Pinnacle Financial Partners INC raised its Royal Caribbean Cruises holdings during the third quarter by investing roughly $38,000 more. During the third quarter, First Horizon Advisers, INC boosted its percentage of ownership in Royal Caribbean Cruises by 86.2%.

First Horizon Advisors INC now owns 1,056 shares of the company's stock, which are worth $39,000, after acquiring an additional 489 shares during the most recent quarter of the fiscal year.

This takes the total number of shares the corporation owns to 1,056. Royal Caribbean Cruises was added to the investment portfolio of Heritage Wealth Management LLC after the second quarter, after the successful completion of a $44,000 transaction. Institutional investors that have acquired significant blocks of stock own 74.27% of the company's shares.

On Friday, the share price of RCL dropped $0.75 to $73.15, compared to the typical volume of the company's stock, which is 4,144,266 transactions.

The number of shares that buyers and sellers exchanged was 405,730.

The debt-to-equity ratio is at 7.43, the quick ratio is at 0.35, the current ratio is at 0.37, and the quick ratio is at 0.35. Royal Caribbean Cruises Ltd's stock reached a low of $31.09 per share during the last year, while it reached a high of $87.68 per share over the same period.

The stock's 50-day simple moving average is presently priced at $60.39, and its 200-day simple moving average is currently priced at $52.34.

The business now has a market capitalization of $18.67 billion, a price-to-earnings ratio of -8.74, and a beta value of 2.50.

The most recent earnings report for Royal Caribbean Cruises was made public on February 7. Royal Caribbean Cruises' stock is listed under the symbol "RCL" on the New York Stock Exchange. The firm announced quarterly profits per share of $1.12, $0.25 higher than market analysts' average forecast of $1.37.

Royal Caribbean Cruises' return on equity was negative, coming in at 56.86%, while the company's net margin was also negative, coming in at 24.39%.

The company's quarterly revenue came in at $2.60 billion, which is less than the average forecast of $2.61 billion from industry analysts.

The corporation earned $4.78 per share of common stock in the preceding fiscal year. During the third quarter of this year, Royal Caribbean Cruises's revenue increased by 165.0% compared to the previous year's period.

Experts on the stock market expect that Royal Caribbean Cruises Ltd will earn 3.3 cents per share in 2018, the year in question.

RCL has been the subject of some research that has just lately been made public.

In a report dated Tuesday, November 22, Truist Financial upgraded Royal Caribbean Cruises from a "hold" rating to a "buy" recommendation and increased their price objective for the stock from $58.00 to $60.00.

In a report released on Wednesday, February 8, Susquehanna graded Royal Caribbean Cruises as "positive" and increased their price target from $62.00 to $85.00.

The public was given access to the report.

In a report issued on Friday, October 21, Tigress Financial reiterated a "buy" rating on shares of Royal Caribbean Cruises and set a price objective of $80.00 for the stock.

The report was posted to the organization's website.

The "outperform" rating and $135.00 price target that Credit Suisse Group had assigned to Royal Caribbean Cruises stock were decreased, and the price target was dropped to $117.00 from $135.00.

This information was made accessible in a study paper that was made available to the public on November 4, the day following its first publication. In a report issued on February 8, Wells Fargo & Company increased their price target for Royal Caribbean Cruises from $67.00 to $78.00 and classified the stock as "overweight."

The stock has a buy rating from ten equities research analysts, a hold recommendation from four, and a sell recommendation from two.

According to the data provided by Trade Algo, the "Hold" recommendation is the most popular attitude towards the firm, and a price target of $75.54 has been formed.

On Monday, December 5, Arne Alexander Wilhelmsen, a director of Royal Caribbean Cruises, sold 396,990 shares of the company's stock.

This was covered in an independent report that was published.

The total price of the shares sold was $23,914,677.60, or $60.24 per share.

As a consequence of this transaction, the director now directly owns 21,166,921 company shares with a total value of $1,275,095,321.04. On the Securities and Exchange Commission (SEC) website, you may discover a filing that provides more information on the transaction.

Throughout the past three months, business executives sold 1,007,968 shares for a total transaction price of $60,959,468.

Current employees own over 9.28% of the total outstanding shares of the corporation.

The Royal Caribbean Group is a cruise line that runs its fleet of ships and sails on them.

As part of its international cruise operation, the corporation sails under the brands Silversea Cruises and Royal Caribbean International in addition to Hapag-Lloyd Cruises, Celebrity Cruises, Silversea Cruises, and Royal Caribbean International.

SkySea Cruises, Pullmantur, and TUI Cruises are among the cruise lines that the company owns.

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