Mig Capital LLC Decreased Its Royal Caribbean Cruises LTD (RCL) Position by $3.33 Million as Valuation Declined

Royal Caribbean Cruises Ltd. (NYSE:RCL) LogoInvestors sentiment increased to 1.58 in 2019 Q1. Its up 0.73, from 0.85 in 2018Q4. It improved, as 37 investors sold RCL shares while 148 reduced holdings. 92 funds opened positions while 201 raised stakes. 145.71 million shares or 2.42% more from 142.27 million shares in 2018Q4 were reported. Gsa Llp holds 29,044 shares. Legacy Inc has 0.36% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL). State Of Tennessee Treasury Department owns 0.1% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 172,058 shares. Tremblant Grp Inc stated it has 55,000 shares. Melvin Mgmt Limited Partnership has 0.77% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL). Jane Street Gru Ltd holds 78,757 shares or 0.01% of its portfolio. Stevens Capital Mgmt LP reported 48,194 shares or 0.24% of all its holdings. Highline Capital Management Lp has 1.06 million shares for 7.6% of their portfolio. First Hawaiian Fincl Bank holds 5,641 shares or 0.03% of its portfolio. Intrust Commercial Bank Na holds 0.08% in Royal Caribbean Cruises Ltd. (NYSE:RCL) or 2,754 shares. Abner Herrman Brock Ltd Limited Liability Company owns 91,462 shares. Utd Service Automobile Association invested in 0.13% or 440,200 shares. 79,873 were accumulated by Retirement Of Alabama. Bluemountain Cap Ltd Co invested in 0% or 1,508 shares. Hartford Invest Mgmt Company accumulated 18,555 shares.

Since March 5, 2019, it had 1 insider purchase, and 0 insider sales for $50,190 activity.

Mig Capital Llc decreased its stake in Royal Caribbean Cruises Ltd (RCL) by 14.07% based on its latest 2019Q1 regulatory filing with the SEC. Mig Capital Llc sold 29,209 shares as the company’s stock declined 9.83% . The hedge fund held 178,392 shares of the marine transportation company at the end of 2019Q1, valued at $20.45 million, down from 207,601 at the end of the previous reported quarter. Mig Capital Llc who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be less bullish one the $21.63B market cap company. The stock decreased 5.36% or $5.84 during the last trading session, reaching $103.19. About 998,275 shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 4.78% since August 14, 2018 and is uptrending. It has outperformed by 4.78% the S&P500.

Analysts await Royal Caribbean Cruises Ltd. (NYSE:RCL) to report earnings on October, 24. They expect $4.36 earnings per share, up 9.55 % or $0.38 from last year’s $3.98 per share. RCL’s profit will be $913.70M for 5.92 P/E if the $4.36 EPS becomes a reality. After $2.54 actual earnings per share reported by Royal Caribbean Cruises Ltd. for the previous quarter, Wall Street now forecasts 71.65 % EPS growth.

More notable recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Benzinga.com which released: “Buy Carnival Stock – Benzinga” on August 06, 2019, also Seekingalpha.com with their article: “Royal Caribbean: Room To Grow – Seeking Alpha” published on November 05, 2018, Fool.com published: “Is It Smooth Sailing Ahead for Royal Caribbean? – Motley Fool” on July 28, 2019. More interesting news about Royal Caribbean Cruises Ltd. (NYSE:RCL) were released by: Fool.com and their article: “Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks All Soared in January – Motley Fool” published on February 04, 2019 as well as Fool.com‘s news article titled: “3 Things Royal Caribbean Wants Investors to Know – Motley Fool” with publication date: August 05, 2019.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Coverage

Among 7 analysts covering Royal Caribbean Cruises (NYSE:RCL), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Royal Caribbean Cruises had 12 analyst reports since February 25, 2019 according to SRatingsIntel. On Monday, May 6 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating by Nomura given on Friday, June 7. As per Thursday, May 2, the company rating was maintained by Buckingham Research. The company was maintained on Friday, July 19 by Deutsche Bank. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Outperform” rating by Wells Fargo on Monday, February 25. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 26 report. The firm has “Buy” rating given on Friday, March 1 by Wedbush. The rating was maintained by Wedbush with “Outperform” on Thursday, May 2.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Chart

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