As Royal Caribbean Cruises LTD (RCL) Stock Price Rose, Columbus Circle Investors Has Cut Its Holding by $22.21 Million

November 21, 2017 - By Louis Casey

Investors sentiment increased to 1.26 in Q2 2017. Its up 0.19, from 1.07 in 2017Q1. It increased, as 35 investors sold RCL shares while 160 reduced holdings. 86 funds opened positions while 160 raised stakes. 150.60 million shares or 0.10% less from 150.74 million shares in 2017Q1 were reported. Virtus Advisers holds 0.25% or 23,054 shares. 82,923 were reported by Savings Bank Of Nova Scotia. Cibc Asset Mngmt reported 17,863 shares stake. Arizona State Retirement Systems, a Arizona-based fund reported 41,600 shares. Assetmark holds 0% or 411 shares in its portfolio. Advantus Capital Mgmt stated it has 0.05% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). Comerica Commercial Bank has invested 0.06% in Royal Caribbean Cruises Ltd (NYSE:RCL). Cwm Ltd Liability Corporation stated it has 0% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). Intrust Comml Bank Na reported 0.09% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). First Advisors LP stated it has 203,712 shares. Bb&T holds 73,846 shares or 0.16% of its portfolio. Carl Domino holds 0.51% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 4,000 shares. Nationwide Fund Advsr reported 303,273 shares. Intll Group Inc owns 0.03% invested in Royal Caribbean Cruises Ltd (NYSE:RCL) for 66,103 shares. Lombard Odier Asset Mgmt (Europe) reported 0.01% stake.

Since June 13, 2017, it had 0 insider buys, and 1 sale for $2.23 million activity.

Donald Chiboucis decreased its stake in Royal Caribbean Cruises Ltd (RCL) by 14.37% based on its latest 2017Q2 regulatory filing with the SEC. Columbus Circle Investors sold 203,751 shares as the company’s stock rose 11.49% with the market. The hedge fund run by Donald Chiboucis held 1.21M shares of the marine transportation company at the end of 2017Q2, valued at $132.64 million, down from 1.42M at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be less bullish one the $26.53 billion market cap company. The stock declined 0.02% or $0.03 reaching $123.93 per share. About 200,924 shares traded. Royal Caribbean Cruises Ltd (NYSE:RCL) has risen 38.22% since November 21, 2016 and is uptrending. It has outperformed by 21.52% the S&P500.

Columbus Circle Investors, which manages about $17.54 billion and $6.05 billion US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 253,467 shares to 266,596 shares, valued at $37.56 million in 2017Q2, according to the filing. It also increased its holding in Therapeuticsmd Inc (NYSEMKT:TXMD) by 2.04M shares in the quarter, for a total of 2.13M shares, and has risen its stake in Tg Therapeutics Inc (NASDAQ:TGTX).

Analysts expect Royal Caribbean Cruises Ltd (NYSE:RCL) to report $1.19 EPS on January, 25.They anticipate $0.04 EPS change or 3.25 % from last quarter’s $1.23 EPS. RCL’s profit would be $254.75 million giving it 26.05 P/E if the $1.19 EPS is correct. After having $3.49 EPS previously, Royal Caribbean Cruises Ltd’s analysts see -65.90 % EPS growth.

More recent Royal Caribbean Cruises Ltd (NYSE:RCL) news were published by: Thestreet.com which released: “Royal Caribbean Cruises Ltd.: Cramer’s Top Takeaways” on November 08, 2017. Also Prnewswire.com published the news titled: “The frustration-free vacation is arriving on Royal Caribbean” on November 08, 2017. Forbes.com‘s news article titled: “Royal Caribbean Joins The VR Age With High-Tech Creature Comforts” with publication date: November 21, 2017 was also an interesting one.

Royal Caribbean Cruises Ltd (NYSE:RCL) Ratings Coverage

Among 23 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Royal Caribbean Cruises Ltd. had 58 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Thursday, July 20. The firm has “Buy” rating given on Monday, November 6 by Wells Fargo. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, September 6. The firm has “Buy” rating given on Wednesday, August 2 by Nomura. The firm has “Neutral” rating by JP Morgan given on Thursday, October 27. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, August 1. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Sell” rating given on Thursday, January 19 by Goldman Sachs. The firm earned “Hold” rating on Wednesday, January 27 by Pareto Securities. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, January 5. The firm has “Neutral” rating by JP Morgan given on Thursday, January 26.

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