First Trust Bank LTD Has Lifted Its Hrg Group (HRG) Stake; Royal Caribbean Cruises LTD Has 1.32 Sentiment

May 16, 2018 - By Linda Rogers

Royal Caribbean Cruises Ltd. (NYSE:RCL) Logo

First Trust Bank Ltd increased Hrg Group Inc (HRG) stake by 45.15% reported in 2017Q4 SEC filing. First Trust Bank Ltd acquired 87,526 shares as Hrg Group Inc (HRG)’s stock declined 17.45%. The First Trust Bank Ltd holds 281,380 shares with $4.77M value, up from 193,854 last quarter. Hrg Group Inc now has $2.42 billion valuation. The stock increased 2.05% or $0.24 during the last trading session, reaching $11.93. About 2.74M shares traded. HRG Group, Inc. (NYSE:HRG) has declined 24.44% since May 16, 2017 and is downtrending. It has underperformed by 35.99% the S&P500.

Royal Caribbean Cruises LTD (RCL) investors sentiment increased to 1.32 in 2017 Q4. It’s up 0.07, from 1.25 in 2017Q3. The ratio increased, as 282 investment professionals started new and increased equity positions, while 213 sold and decreased their equity positions in Royal Caribbean Cruises LTD. The investment professionals in our database now hold: 153.74 million shares, up from 153.19 million shares in 2017Q3. Also, the number of investment professionals holding Royal Caribbean Cruises LTD in top ten equity positions decreased from 14 to 9 for a decrease of 5. Sold All: 38 Reduced: 175 Increased: 197 New Position: 85.

More notable recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Seekingalpha.com which released: “Royal Caribbean: Lower Risk But Also Less Reward” on May 15, 2018, also Seekingalpha.com with their article: “Royal Caribbean seen as sleeper pick” published on April 30, 2018, Seekingalpha.com published: “Royal Caribbean: More Attractive Than Carnival?” on April 19, 2018. More interesting news about Royal Caribbean Cruises Ltd. (NYSE:RCL) were released by: Investorplace.com and their article: “5 Stocks to Skyrocket on Record Memorial Day Travel” published on May 16, 2018 as well as Bizjournals.com‘s news article titled: “A bigger ship for Cuba cruises sails in Port Tampa Bay” with publication date: May 14, 2018.

The stock increased 1.28% or $1.36 during the last trading session, reaching $107.98. About 1.69M shares traded or 0.93% up from the average. Royal Caribbean Cruises Ltd. (RCL) has risen 19.16% since May 16, 2017 and is uptrending. It has outperformed by 7.61% the S&P500.

Since January 1, 0001, it had 0 buys, and 11 sales for $21.32 million activity.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company has market cap of $22.86 billion. The firm operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brand names. It has a 14.34 P/E ratio. The Royal Caribbean International brand provides a range of itineraries ranging from 2 to 24 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.

Ratings analysis reveals 67% of Royal Caribbean’s analysts are positive. Out of 6 Wall Street analysts rating Royal Caribbean, 4 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $106.0 while the high is $109.0. The stock’s average target of $107.50 is -0.44% below today’s ($107.98) share price. RCL was included in 6 notes of analysts from October 4, 2016. Stifel Nicolaus maintained it with “Buy” rating and $109.0 target in Friday, January 27 report. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Sell” rating by Goldman Sachs on Thursday, January 19. The firm has “Neutral” rating by JP Morgan given on Thursday, October 27. The firm has “Outperform” rating given on Tuesday, October 4 by Macquarie Research. The firm has “Outperform” rating given on Friday, January 27 by Wedbush. Argus Research upgraded the stock to “Buy” rating in Monday, January 30 report.

Dsm Capital Partners Llc holds 5.2% of its portfolio in Royal Caribbean Cruises Ltd. for 3.13 million shares. Guild Investment Management Inc. owns 44,540 shares or 4.98% of their US portfolio. Moreover, Tiger Management L.L.C. has 3.54% invested in the company for 189,810 shares. The California-based Mig Capital Llc has invested 3.21% in the stock. Noesis Capital Mangement Corp, a Florida-based fund reported 75,246 shares.

Analysts await Royal Caribbean Cruises Ltd. (NYSE:RCL) to report earnings on August, 7. They expect $1.88 earnings per share, up 9.94% or $0.17 from last year’s $1.71 per share. RCL’s profit will be $398.08M for 14.36 P/E if the $1.88 EPS becomes a reality. After $1.09 actual earnings per share reported by Royal Caribbean Cruises Ltd. for the previous quarter, Wall Street now forecasts 72.48% EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.