Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.19, from 1.07 in 2017Q1. It is positive, 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. Whittier Tru stated it has 1,266 shares. 3,879 were reported by Hightower Advisors Limited Liability Co. Daiwa Secs, a Japan-based fund reported 10,100 shares.
Baillie Gifford And Com has 13.26M shares. Usa Financial Portformulas Corporation stated it has 1% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). State Treasurer State Of Michigan accumulated 55,172 shares. Pinnacle Assocs Limited reported 2.66% stake. Capstone Asset Com holds 12,067 shares or 0.04% of its portfolio. Dynamic Advsrs Solutions Limited Co reported 0.54% stake. Kbc Grp Inc Nv has 62,855 shares for 0.07% of their portfolio.
Sheets Smith Wealth Mngmt holds 0.08% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 2,653 shares. Ajo L P has invested 0.03% in Royal Caribbean Cruises Ltd (NYSE:RCL). State Of Tennessee Treasury Department owns 101,722 shares for 0.05% of their portfolio. Magnetar Fincl Ltd Liability accumulated 2,676 shares. Bank Of Montreal Can has 0.02% invested in Royal Caribbean Cruises Ltd (NYSE:RCL) for 160,064 shares.
Since June 13, 2017, it had 0 insider buys, and 1 sale for $2.23 million activity.
Nick Niell increased its stake in Royal Caribbean Cruises Ltd (Put) (NYSE:RCL) by 5954.17% based on its latest 2017Q3 regulatory filing with the SEC. Arrowgrass Capital Partners Lp bought 1,429 shares as the company’s stock rose 11.49% with the market. The hedge fund run by Nick Niell held 1,453 shares of the marine transportation company at the end of 2017Q3, valued at $17.22M, up from 24 at the end of the previous reported quarter.
Arrowgrass Capital Partners Lp who had been investing in Royal Caribbean Cruises Ltd (Put) for a number of months, seems to be bullish on the $26.79B market cap company. The stock declined 0.24% or $0.29 reaching $125.15 on the news. About 176,643 shares traded. Royal Caribbean Cruises Ltd (NYSE:RCL) has risen 38.22% since November 24, 2016 and is uptrending. It has outperformed by 21.52% the S&P500.
Arrowgrass Capital Partners Lp, which manages about $14.76B and $13.54B US Long portfolio, decreased its stake in Allergan Plc (Put) () by 1,863 shares to 781 shares, valued at $16.01M in 2017Q3, according to the filing. It also reduced its holding in Time Warner Inc (NYSE:TWX) by 918,219 shares in the quarter, leaving it with 3.58 million shares, and cut its stake in Powershares Qqq Trust (Put) (QQQ).
Founded in 2008 by previous Deutsche Bank traders, Arrowgrass Capital was initially run by Nick Niell. Henry Kenner, James Barty and Michael Sung Wook Chung were also involved in the founding of the firm. The firm has offices in both London and New York with more than $5 billion kept in three different funds. The fund is mostly focused on distressed assets, equity, merger arbirtrage and fixed income special situations.
Arrowgrass Capital has a yearly return of 8.2% since its founding and returned 2.8% in the beginning of 2014. Arrowgrass Capital Partners Lp is a New York-based hedge fund that was founded by Nick Niell. It had more than $14.76 billion assets under management in June, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Arrowgrass Capital Partners latest Adv, the fund reported to have 33 full and part-time employees. Among which 23 performing investment advisory and research functions. The hedge fund had between 1-10 clients.
Royal Caribbean Cruises Ltd. 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 stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Hold” rating given on Tuesday, November 14 by Berenberg. The firm earned “Buy” rating on Wednesday, November 8 by Stifel Nicolaus.
On Thursday, May 26 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. As per Thursday, July 20, the company rating was upgraded by JP Morgan. Argus Research maintained it with “Buy” rating and $116 target in Tuesday, October 27 report. Nomura maintained Royal Caribbean Cruises Ltd (NYSE:RCL) on Wednesday, August 2 with “Buy” rating. Goldman Sachs downgraded the shares of RCL in report on Tuesday, August 15 to “Sell” rating. Susquehanna maintained the stock with “Positive” rating in Wednesday, February 3 report. The company was upgraded on Monday, January 30 by Argus Research. The stock has “Buy” rating by Buckingham Research on Wednesday, August 2.
Royal Caribbean Cruises Ltd. is a cruise company. The company has market cap of $26.79 billion. The Firm owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises . It has a 16.72 P/E ratio. The Firm also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).
More notable recent Royal Caribbean Cruises Ltd (NYSE:RCL) news were published by: Seekingalpha.com which released: “Royal Caribbean: Smooth Sailing” on November 22, 2017, also Finance.Yahoo.com with their article: “Royal Caribbean Strong on 20/20 Vision Program, Risks Stay” published on November 23, 2017, Forbes.com published: “Royal Caribbean Joins The VR Age With High-Tech Creature Comforts” on November 21, 2017.
More interesting news about Royal Caribbean Cruises Ltd (NYSE:RCL) were released by: Prnewswire.com and their article: “Royal Caribbean Earns Top Marks In HRC’s 2018 Corporate Equality Index” published on November 09, 2017 as well as Investorplace.com‘s news article titled: “Royal Caribbean Cruises Ltd Stock Cruises Higher on Strong Q3 Earnings” with publication date: November 07, 2017.
By: Winifred Garcia (BZ Weekly).
Photo: Peldon Rose.
Review: Emerging Market Formulations & Research Unit, Flagship Records.