First Trust Advisors LP Cuts Stake in Royal Caribbean Cruises Ltd. (RCL)

Share
First Trust Advisors LP Cuts Stake in Royal Caribbean Cruises Ltd. (RCL)

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The company maintains price to book ratio of 2.55 vs.an industry average at 4.67. It has underperformed by 21.16% the S&P500. Investors who are keeping close eye on the stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) established that the company was able to keep return on investment at 9.13 in the trailing twelve month while Reuters data showed that industry's average stands at 2.81 and sector's optimum level is 11.52. (NYSE:RCL) traded down $2.45 during trading hours on Monday, reaching $124.22. About 50 shares traded. (NYSE:STZ) has risen 17.20% since November 12, 2016 and is uptrending. It has outperformed by 21.52% the S&P500.

Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.34, from 0.82 in 2017Q1.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 86 funds opened positions while 160 raised stakes. 143.15 million shares or 0.40% less from 143.73 million shares in 2017Q1 were reported. "You're invited." on November 13, 2017, also Thestreet.com published article titled: "Royal Caribbean Readies Debut of World's Biggest Cruise Ship", Prnewswire.com published: "Royal Caribbean Earns Top Marks In HRC's 2018 Corporate Equality Index" on November 09, 2017. Kbc Grp Nv reported 62,855 shares. Mig Capital Llc owns 320,747 shares or 5.34% of their USA portfolio. Comml Bank Of Nova Scotia accumulated 0.05% or 82,923 shares. The stock declined 0.54% or $0.96 reaching $177.5 per share. Schroepfer Michael Todd sold $5.71 million worth of stock or 37,922 shares. Ing Groep Nv invested in 97,224 shares. Glg Limited Liability Corp owns 8,591 shares or 0.06% of their United States portfolio. Pinebridge LP reported 1,108 shares or 0% of all its holdings. Pennsylvania-based Brandywine Global Inv Mgmt Limited Liability has invested 0.14% in Royal Caribbean Cruises Ltd (NYSE:RCL). Art Advisors Ltd Llc holds 0.07% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 12,400 shares.

Vanguard Group Inc. now owns 15,394,128 shares of the company's stock worth $1,033,716,000 after buying an additional 344,473 shares in the last quarter. Wehner David M. sold 15,470 shares worth $2.30 million.

Wedge Capital Management L LP decreased Global Payments Inc. The Coatue Management Llc holds 6.60 million shares with $996.89M value, down from 6.65 million last quarter. (NYSE:STZ). Canandaigua State Bank Tru owns 1.28% invested in Constellation Brands, Inc. Clean Harbors Inc. (NYSE:CLH) was reduced too. The company's revenue for the quarter was up.2% compared to the same quarter last year. research analysts predict that Royal Caribbean Cruises Ltd. will post 7.39 EPS for the current fiscal year. Analysts have a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 92% are positive.

Oregon Public Employees Retirement Fund boosted its holdings in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) by 5.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. As per Wednesday, August 2, the company rating was maintained by Nomura. Bank of America Corporation initiated coverage on shares of Royal Caribbean Cruises in a research report on Monday, July 24th. Wedbush maintained the shares of RCL in report on Wednesday, November 8 with "Buy" rating. They set a "neutral" rating for the company. The firm earned "Outperform" rating on Wednesday, November 18 by Wolfe Research. Cantor Fitzgerald maintained the stock with "Buy" rating in Thursday, August 27 report.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Tuesday, November 7th. They set a "neutral" rating and a $123.00 price objective for the company. The firm has "Neutral" rating given on Friday, September 16 by Credit Suisse.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. The company reported C$3.49 earnings per share for the quarter, topping the consensus estimate of C$3.43 by C$0.06. The stock has a market capitalization of $16.33 billion, a price-to-earnings ratio of 13.46 and a beta of 1.26. After $1.59 actual EPS reported by Facebook Inc for the previous quarter, Wall Street now forecasts 22.01% EPS growth. Stifel Nicolaus has "Buy" rating and $134.0 target. Therefore 67% are positive. Facebook had 207 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained the stock with "Buy" rating in Thursday, October 5 report. The stock of General Electric Company (NYSE:GE) earned "Buy" rating by Stifel Nicolaus on Wednesday, October 14. Baltimore-Washington Financial Advisors Inc acquired 3,820 shares as Royal Caribbean Cruises Ltd Com (RCL)'s stock rose 11.49%. The company was downgraded on Tuesday, October 24 by Oppenheimer. The rating was maintained by Wells Fargo with "Buy" on Monday, November 6. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Monday, October 2. The rating was reinitiated by Pacific Crest on Friday, January 20 with "Overweight".

Share

Advertisement

Related Posts

Lenovo intros Moto Tab for AT&T with dual speakers
Lenovo today announced it's first Moto-branded tablet Moto Tab , an everyday, versatile tablet designed for the entertainment. A lot has happened to the company since then, including changing owners twice.

India Ousted From U-19 Asia Cup After Bangladesh Thrashing
Bangladesh, who elected to field, picked up wickets at regular intervals and reduced India to 85 for four at the halfway mark. The Bangladesh batsmen performed just the opposite of Indians and chased down the target with four overs remaining.

Coca-Cola called a core holding by Wells, alcohol next?
Qualcomm Inc. (NASDAQ: QCOM) was reiterated as Outperform and the price target was raised to $77 from $70 at RBC Capital Markets. It is positive, as 12 investors sold CVGI shares while 23 reduced holdings. 123 funds opened positions while 504 raised stakes.

Lsv Asset Management Adjusts Its Holdings in American Airlines Gp (AAL) Stock
Cowen and Company raised the price target on October 10 changing the forecast from $55.00 to $56.00 with a rating of "Outperform". Lsv Asset Management says it bought 291,786 shares last quarter increasing its stake in American Airlines Gp ( AAL ) by 8.5%.

The Royal Dutch Shell Plc (RDSB) Given Hold Rating at Liberum Capital
Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.

Whitefish Energy Holdings continues to create controversy
They have more questions about the contract, but they initially believed it complied with regulations. Other linemen are making $42 an hour plus overtime and some are earning up to $100 of double time .

Analytical Report on Huntsman Corporation (HUN)
New York State Teachers Retirement System raised its holdings in shares of Huntsman Corporation by 0.6% in the first quarter. By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with MEDIUM volatility.

India's RAW is aiming to undermine CPEC: CJCSC
Against Pakistan, the general said, India and so far martyred 1,000 citizens of the country and 300 soldiers. Therefore, in view of the circumstances, Pakistan will keep minimum nuclear deterrence, he added.

Club Prepared to Sell Liverpool Target - Replacement Eyed
Speaking at a RevierSport event, Heidel said: " I trust Leon when he says that he has not yet taken a final decision ". Can is coming towards the end of his contract at Liverpool, with his current deal expiring in summer 2018.

Vidya Balan shocked over question about her weight
The reporter asked Vidya , "All your films that we have seen so far, have been women-centric films". They why the makers of the film chose Vidya? The weird question left the actress visibly shocked.

© 2015 ExpressNewsline. All Rights reserved.