Diversified Trust Co Takes $243,000 Position in Royal Caribbean Cruises Ltd. $RCL

Key Points

• Diversified Trust Co has acquired a new position in Royal Caribbean Cruises Ltd., purchasing 776 shares valued at approximately $243,000 during the second quarter.
• Royal Caribbean's recent quarterly earnings report showed an EPS of $4.38, exceeding analysts' expectations, and the company has set its FY 2025 guidance at 15.410-15.550 EPS.
• The company announced a quarterly dividend increase to $1.00 per share, a rise from the previous $0.75, which reflects positively on its financial outlook.

Diversified Trust Co purchased a new stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 776 shares of the company's stock, valued at approximately $243,000.

Other hedge funds have also added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. acquired a new stake in shares of Royal Caribbean Cruises during the 1st quarter worth about $25,000. Hughes Financial Services LLC acquired a new stake in Royal Caribbean Cruises during the first quarter worth approximately $26,000. Optimum Investment Advisors acquired a new stake in Royal Caribbean Cruises during the first quarter worth approximately $31,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Royal Caribbean Cruises during the second quarter worth approximately $31,000. Finally, SouthState Corp acquired a new stake in Royal Caribbean Cruises during the first quarter worth approximately $39,000. Institutional investors and hedge funds own 87.53% of the company's stock.

Insider Buying and Selling

In related news, CAO Henry L. Pujol sold 5,207 shares of the company's stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the completion of the transaction, the chief accounting officer directly owned 7,826 shares in the company, valued at $2,578,432.22. This represents a 39.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard D. Fain sold 16,000 shares of the company's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $311.02, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,507 shares of company stock worth $10,091,282 in the last three months. 6.95% of the stock is owned by corporate insiders.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $327.51 on Thursday. 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 $164.01 and a 52 week high of $366.50. The stock has a market capitalization of $88.96 billion, a P/E ratio of 24.55, a price-to-earnings-growth ratio of 0.93 and a beta of 2.12. The stock has a fifty day moving average of $335.49 and a 200-day moving average of $276.17.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, topping analysts' consensus estimates of $4.04 by $0.34. The company had revenue of $4.54 billion during the quarter, compared to analysts' expectations of $4.54 billion. Royal Caribbean Cruises had a return on equity of 47.15% and a net margin of 20.97%.Royal Caribbean Cruises's revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, sell-side analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 13th. Investors of record on Thursday, September 25th will be given a dividend of $1.00 per share. The ex-dividend date is Thursday, September 25th. This represents a $4.00 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Royal Caribbean Cruises's previous quarterly dividend of $0.75. Royal Caribbean Cruises's dividend payout ratio is currently 22.49%.

Analyst Upgrades and Downgrades

RCL has been the subject of several research reports. Truist Financial dropped their price target on Royal Caribbean Cruises from $337.00 to $333.00 and set a "hold" rating for the company in a report on Friday, September 19th. UBS Group lifted their target price on Royal Caribbean Cruises from $311.00 to $353.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Stifel Nicolaus lifted their price objective on shares of Royal Caribbean Cruises from $400.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Loop Capital reiterated a "buy" rating and issued a $290.00 price objective (up previously from $250.00) on shares of Royal Caribbean Cruises in a research note on Tuesday, June 3rd. Finally, William Blair reiterated an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $326.95.

Royal Caribbean Cruises Company Profile

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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