In today’s session Royal Caribbean Cruises Ltd (RCL) registered an unusually high (209) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious RCL increase. With 209 contracts traded and 28394 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: RCL161118C00072500 closed last at: $5.6 or 19.1% up. About 597,257 shares traded hands. Royal Caribbean Cruises Ltd (NYSE:RCL) has declined 1.97% since April 8, 2016 and is downtrending. It has underperformed by 7.62% the S&P500.
Royal Caribbean Cruises Ltd (NYSE:RCL) Ratings Coverage
Out of 18 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 13 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 72% are positive. $116 is the highest target while $80 is the lowest. The $97.38 average target is 20.94% above today’s ($80.52) stock price. Royal Caribbean Cruises Ltd. has been the topic of 29 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Bernstein on Friday, September 9. Sterne Agee CRT initiated the stock with “Neutral” rating in Tuesday, June 7 report. Zacks upgraded the stock to “Hold” rating in Wednesday, August 5 report. Susquehanna maintained Royal Caribbean Cruises Ltd (NYSE:RCL) on Wednesday, February 3 with “Positive” rating. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, January 5. The firm has “Buy” rating given on Tuesday, April 26 by Goldman Sachs. The firm has “Outperform” rating given on Tuesday, October 4 by Macquarie Research. The company was initiated on Wednesday, November 18 by Wolfe Research. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Hold” rating given on Thursday, September 29 by Deutsche Bank. The rating was maintained by Argus Research with “Buy” on Tuesday, October 27.
According to Zacks Investment Research, “Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Celebrity Tours operates cruise tour vacations in Alaska utilizing the world’s largest glass-domed railcars.”
Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.13, from 1.16 in 2016Q1. The ratio turned negative, as 68 funds sold all Royal Caribbean Cruises Ltd shares owned while 144 reduced positions. 68 funds bought stakes while 150 increased positions. They now own 152.06 million shares or 0.52% more from 151.28 million shares in 2016Q1.
Cwm Ltd Liability Corp owns 200 shares or 0% of their US portfolio. Bb&T Secs Lc holds 0.01% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 7,578 shares. Deltec Asset Management Lc holds 0.94% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 55,500 shares. Nuveen Asset Management Ltd Limited Liability Company holds 0.01% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 25,646 shares. Gsa Cap Llp has invested 0.09% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). Zacks Mgmt reported 7,076 shares or 0.01% of all its holdings. Wedge Capital Mngmt L Lp Nc accumulated 5,292 shares or 0% of the stock. Bokf Na owns 48,047 shares or 0.11% of their US portfolio. Hartwell J M Ltd Partnership owns 3,150 shares or 0.05% of their US portfolio. Parallax Volatility Advisers L P last reported 2,800 shares in the company. Boston Private Wealth Ltd Liability Company holds 0.37% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 136,688 shares. Rmb Capital Mgmt Limited Liability, a Illinois-based fund reported 58,122 shares. Ivory Investment Mgmt Limited Liability owns 123,279 shares or 0.23% of their US portfolio. Caisse De Depot Et Placement Du Quebec last reported 158,911 shares in the company. Chevy Chase Hldgs last reported 0.05% of its portfolio in the stock.
Insider Transactions: Since August 3, 2016, the stock had 2 insider purchases, and 7 selling transactions for $2.05 million net activity. $865,864 worth of Royal Caribbean Cruises Ltd (NYSE:RCL) shares were sold by Bayley Michael W. $508,702 worth of shares were sold by Liberty Jason T on Friday, November 4. Shares for $77,550 were bought by Sorensen Vagn O. REITAN BERNT sold $665,107 worth of stock or 8,691 shares. The insider Stein Bradley H sold $486,022. Pujol Henry L also sold $577,061 worth of Royal Caribbean Cruises Ltd (NYSE:RCL) on Wednesday, November 2. $505,555 worth of Royal Caribbean Cruises Ltd (NYSE:RCL) shares were sold by Lutoff-Perlo Lisa.
Royal Caribbean Cruises Ltd. is a cruise company. The company has a market cap of $17.60 billion. The Firm owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. It has a 14.19 P/E ratio. It operates approximately 23 ships with an aggregate capacity of approximately 68,600 berths under its Royal Caribbean International brand, offering cruise itineraries that range from 2 to 24 nights.
RCL Company Profile
Royal Caribbean Cruises Ltd., incorporated on July 23, 1985, is a cruise company. The Firm owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. Together, these brands operate approximately 44 ships in the cruise vacation industry with an aggregate capacity of approximately 110,900 berths. The Company’s ships operate on a selection of itineraries that call on approximately 480 destinations on all the continents.
More recent Royal Caribbean Cruises Ltd (NYSE:RCL) news were published by: Reuters.com which released: “BRIEF-Royal Caribbean Cruises Ltd Q3 adjusted EPS $3.20” on October 28, 2016. Also Prnewswire.com published the news titled: “Royal Caribbean To Hold Conference Call On Third Quarter 2016 Earnings” on October 21, 2016. Sun-Sentinel.com‘s news article titled: “Harmony of the Seas: Is bigger necessarily better?” with publication date: November 08, 2016 was also an interesting one.
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