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

Marco Green
November 14, 2017

Intrust Bank NA now owns 2,356 shares of the company's stock worth $258,000 after purchasing an additional 61 shares during the period. Facebook Inc now has $518.57 billion valuation. About 41,388 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since November 14, 2016 and is downtrending. It has underperformed by 95.42% the S&P500. Royal Caribbean Cruises Ltd. has $155 highest and $80 lowest target. The stock rose 0.33% or $0.41 reaching $124.63 per share. About 50 shares traded. Royal Caribbean Cruises Ltd. It has outperformed by 21.52% the S&P500.

Investors sentiment increased to 1.16 in Q2 2017. Its up 0.19, from 1.07 in 2017Q1. 108 funds opened positions while 221 raised stakes. The company reported C$3.49 earnings per share for the quarter, beating the consensus estimate of C$3.43 by C$0.06. Dsm Capital Prtn Ltd stated it has 6.39% in Royal Caribbean Cruises Ltd (NYSE:RCL). Tributary Cap Llc, a Colorado-based fund reported 24,000 shares. Aviva Public Ltd Co reported 100,274 shares stake. Twin Capital Management owns 16,930 shares for 0.11% of their portfolio. Bluecrest Cap Management accumulated 36,878 shares. Supplemental Annuity Collective Trust of NJ's holdings in Royal Caribbean Cruises were worth $1,067,000 at the end of the most recent reporting period. Geneva Advsrs owns 5,482 shares. Moreover, Overbrook Management has 2.94% invested in Facebook Inc (NASDAQ:FB) for 90,510 shares. Glg Limited Liability Corp owns 8,591 shares or 0.06% of their USA portfolio. Pennsylvania-based Brandywine Global Inv Mgmt Limited Liability has invested 0.14% in Royal Caribbean Cruises Ltd (NYSE:RCL). Sheets Smith Wealth Management bought a new stake in Royal Caribbean Cruises in the 2nd quarter worth approximately $290,000. Freshford Cap Management Ltd Liability invested in 13.71% or 234,194 shares.

Since May 15, 2017, it had 0 insider buys, and 1 insider sale for $2.23 million activity.

Wedge Capital Management L LP decreased Global Payments Inc. It also reduced Manpowergroup Inc. (NYSE:STZ). Third Point Ltd Com has invested 4.29% in Constellation Brands, Inc.

Among 22 analysts covering Royal Caribbean Cruises Ltd. 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 73% 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. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned "Sell" rating by Goldman Sachs on Tuesday, August 15. Goldman Sachs downgraded the stock to "Sell" rating in Thursday, January 19 report. Morgan Stanley maintained Royal Caribbean Cruises Ltd (NYSE:RCL) rating on Thursday, May 26. The firm has "Hold" rating by Deutsche Bank given on Thursday, September 29. The company was maintained on Wednesday, November 8 by Buckingham Research. As per Tuesday, June 7, the company rating was initiated by Sterne Agee CRT. The firm earned "Outperform" rating on Friday, January 27 by Wedbush. The stock has "Neutral" rating by UBS on Thursday, October 6.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Tuesday, November 7th. Wells Fargo has "Buy" rating and $135.0 target. The rating was initiated by Bernstein on Friday, September 9 with "Outperform". They expect $1.94 EPS, up 56.45% or $0.70 from last year's $1.24 per share. The firm has a market capitalization of $26,590.00, a P/E ratio of 16.74, a P/E/G ratio of 0.75 and a beta of 1.07. After $3.49 actual EPS reported by Royal Caribbean Cruises Ltd for the previous quarter, Wall Street now forecasts -65.90% negative EPS growth. They issued a "hold" rating and a $81.00 price target on the stock. Therefore 67% are positive. General Electric Company had 75 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank AG upped their target price on Royal Caribbean Cruises from $114.00 to $118.00 and gave the stock a "hold" rating in a research report on Wednesday, November 8th. The stock of General Electric Company (NYSE:GE) earned "Buy" rating by Stifel Nicolaus on Wednesday, October 14. J P Morgan Chase & Co raised shares of Royal Caribbean Cruises from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $111.00 to $130.00 in a research report on Thursday, July 20th. The rating was maintained by Evercore with "Buy" on Thursday, April 28. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Monday, October 2. The stock of General Electric Company (NYSE:GE) has "Buy" rating given on Wednesday, October 11 by RBC Capital Markets.

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