CreativeOne Wealth LLC Sells 2,141 Shares of Royal Caribbean Cruises Ltd. $RCL

Key Points

• CreativeOne Wealth LLC has reduced its holdings in Royal Caribbean Cruises Ltd. by 26.5%, selling 2,141 shares, and now owns 5,929 shares valued at approximately $1.22 million.
• Directors Vagn O. Sorensen and Richard D. Fain sold significant amounts of Royal Caribbean stock, with total transactions exceeding $8 million, indicating a notable decrease in their ownership percentages.
• The company's recent earnings report showed $4.38 EPS, exceeding analysts' expectations, and set FY 2025 guidance at 15.410-15.550 EPS, contributing to a strong 2025 outlook.

CreativeOne Wealth LLC reduced its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 26.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,929 shares of the company's stock after selling 2,141 shares during the period. CreativeOne Wealth LLC's holdings in Royal Caribbean Cruises were worth $1,218,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of RCL. Financial Gravity Asset Management Inc. bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth about $25,000. Hughes Financial Services LLC bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth about $26,000. Fourth Dimension Wealth LLC bought a new position in shares of Royal Caribbean Cruises in the 4th quarter worth about $35,000. Optimum Investment Advisors bought a new position in shares of Royal Caribbean Cruises in the 1st quarter worth about $31,000. Finally, Capital A Wealth Management LLC bought a new position in shares of Royal Caribbean Cruises in the 4th quarter worth about $40,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Vagn O. Sorensen sold 10,300 shares of Royal Caribbean Cruises stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the completion of the transaction, the director owned 16,407 shares in the company, valued at approximately $5,414,966.28. The trade was a 38.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard D. Fain sold 16,000 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total value of $4,976,320.00. Following the transaction, the director owned 150,291 shares of the company's stock, valued at $46,743,506.82. This trade represents a 9.62% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 31,507 shares of company stock worth $10,091,282. Insiders own 6.95% of the company's stock.

Royal Caribbean Cruises Price Performance

RCL stock opened at $363.07 on Friday. The company has a market capitalization of $98.62 billion, a P/E ratio of 27.22, a price-to-earnings-growth ratio of 1.03 and a beta of 2.22. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. Royal Caribbean Cruises Ltd. has a 52-week low of $154.08 and a 52-week high of $366.50. The business has a 50-day simple moving average of $328.20 and a two-hundred day simple moving average of $264.10.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $4.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.04 by $0.34. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.The company's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.21 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS. Research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on RCL. Tigress Financial lifted their price objective on Royal Caribbean Cruises from $330.00 to $415.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Bank of America raised their target price on Royal Caribbean Cruises from $230.00 to $355.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus raised their target price on Royal Caribbean Cruises from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Morgan Stanley raised their target price on Royal Caribbean Cruises from $220.00 to $230.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Truist Financial set a $337.00 target price on Royal Caribbean Cruises in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $327.14.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

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