Published: Sun, January 14, 2018
Business | By Tara Barton

Royal Caribbean Cruises (RCL) Upgraded at Berenberg Bank

Royal Caribbean Cruises (RCL) Upgraded at Berenberg Bank

Shares for $2.05 million were sold by Pimentel Lawrence R on Friday, August 4. Enbridge Inc. (NYSE:ENB) has declined 0.40% since January 13, 2017 and is downtrending. It has outperformed by 30.83% the S&P500. Schwab Charles Investment Management Inc. now owns 567,176 shares of the company's stock valued at $61,953,000 after purchasing an additional 29,833 shares in the last quarter. The hedge fund run by Leighton Welch held 62,570 shares of the marine transportation company at the end of 2017Q3, valued at $7.42M, down from 65,570 at the end of the previous reported quarter. Guild Investment Management Inc who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be bullish on the $27.30 billion market cap company.

Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) traded up $2.12 during mid-day trading on Friday, reaching $127.53. About 1.02M shares traded.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, November 7th. It has outperformed by 21.52% the S&P500.

Eastern Bank, which manages about $1.41 billion US Long portfolio, upped its stake in Amazon.Com Inc (NASDAQ:AMZN) by 4,439 shares to 20,289 shares, valued at $19.51 million in 2017Q3, according to the filing.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.31, from 1.01 in 2017Q2. 79 funds opened positions while 248 raised stakes. 153.19 million shares or 1.72% more from 150.60 million shares in 2017Q2 were reported. The United Kingdom-based Cantab Capital Prtnrs Limited Liability Partnership has invested 0.32% in Royal Caribbean Cruises Ltd. (NYSE:RCL). British Columbia Mngmt Corporation accumulated 146,630 shares or 0.13% of the stock. Royal Caribbean Cruises earned a news sentiment score of 0.18 on Accern's scale. Emerald Advisers Incorporated Pa stated it has 0.78% of its portfolio in Ignyta, Inc. Old National Bancorporation In invested 0.12% in Waste Management, Inc. Oregon Pub Employees Retirement Fund invested in 0.01% or 36,094 shares. The company reported $3.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.43 by $0.06. Proshare Advsr Ltd Llc has invested 0.04% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Amica Mutual Insur Communication has invested 0.09% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Emerald Mutual Fund Advisers stated it has 1.16 million shares or 0.6% of all its holdings. Chevy Chase Trust Holdings reported 150,219 shares stake. Neuberger Berman Limited Liability Co reported 2,600 shares or 0% of all its holdings.

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Royal Caribbean Cruises Ltd. operates as a cruise company. Meiji Yasuda Asset Ltd invested in 0.03% or 2,567 shares. RCL's profit would be $256.91M giving it 26.57 P/E if the $1.20 EPS is correct. After $3.49 actual earnings per share reported by Royal Caribbean Cruises Ltd. for the previous quarter, Wall Street now forecasts -65.62% negative EPS growth. The company's quarterly revenue was up.2% compared to the same quarter last year. equities research analysts predict that Royal Caribbean Cruises will post 7.39 EPS for the current year. Therefore 44% are positive. Royal Caribbean Cruises Ltd. had 60 analyst reports since August 3, 2015 according to SRatingsIntel. Argus lifted their price objective on Royal Caribbean Cruises from $135.00 to $145.00 and gave the company a "buy" rating in a research report on Wednesday, October 11th. Stifel Nicolaus maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) on Wednesday, November 8 with "Buy" rating. Wedbush reiterated an "outperform" rating and issued a $139.00 price objective (up from $129.00) on shares of Royal Caribbean Cruises in a research report on Wednesday, November 8th. The company was maintained on Friday, December 15 by BMO Capital Markets. The rating was initiated by Credit Suisse with "Outperform" on Thursday, January 21. Finally, Macquarie lowered shares of Royal Caribbean Cruises from an "outperform" rating to a "neutral" rating and set a $120.00 price objective for the a research note on Thursday, November 30th. The firm has "Neutral" rating given on Wednesday, August 2 by Goldman Sachs.

Since August 2, 2017, it had 0 buys, and 10 selling transactions for $53.70 million activity. About 1.20M shares traded. Zacks upgraded Royal Caribbean Cruises Ltd. (NYSE:RCL) rating on Wednesday, August 5. Shares for $1.81 million were sold by Bayley Michael W on Thursday, December 14.

Sterling Global Strategies Llc, which manages about $288.00 million and $24.47 million US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 22,755 shares to 3,957 shares, valued at $994,000 in 2017Q3, according to the filing. Its down 0.05, from 0.5 in 2017Q2. It worsened, as 33 investors sold SM shares while 50 reduced holdings. 35 funds opened positions while 38 raised stakes. Johnson Counsel owns 804,387 shares. Pggm Invs accumulated 288,965 shares. Geode Cap Management Ltd accumulated 412,487 shares. (NASDAQ:REIT) for 432,015 shares. Cap Investors owns 0.05% invested in SM Energy Company (NYSE:SM) for 9.07 million shares. (NYSE:WM). Td Asset Mgmt invested 0.05% in Waste Management, Inc. Peak6 LP invested in 0.35% or 449,145 shares. Citigroup Inc reported 0% of its portfolio in Immunomedics, Inc. Duff And Phelps Invest Mgmt Co has 1.14% invested in Equinix, Inc. Renaissance Group Limited has 12,116 shares. Fagan Associate Inc has invested 5.3% in Apple Inc. Mitsubishi Ufj Tru Bk reported 923,183 shares stake. Connor Clark & Lunn Mngmt Limited reported 27,300 shares stake. Moreover, Royal Financial Bank Of Canada has 0% invested in Immunomedics, Inc. (NASDAQ:AAPL). Ar Asset holds 4.96% in Apple Inc. (NASDAQ:REIT) for 182,450 shares. The stock was sold at an average price of $123.00, for a total transaction of $2,460,000.00. SEWELL D BRUCE sold $5.00M worth of Apple Inc. 1,090 Equinix, Inc. (NASDAQ:REIT) shares with value of $501,183 were sold by Meyers Charles J. (NASDAQ:AAPL) on Tuesday, August 15. (NYSE:CAT) on Thursday, October 26. $1.98 million worth of stock was sold by VAN CAMP PETER on Monday, August 7. (NASDAQ:AAPL) on Wednesday, August 16.

Among 23 analysts covering Equinix (NASDAQ:EQIX), 21 have Buy rating, 0 Sell and 2 Hold. Therefore 43% are positive. Equinix had 57 analyst reports since July 31, 2015 according to SRatingsIntel. On Monday, October 26 the stock rating was initiated by Canaccord Genuity with "Buy". The firm has "Equal-Weight" rating by Barclays Capital given on Tuesday, January 24. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, September 6 report. As per Thursday, October 27, the company rating was downgraded by JP Morgan. The rating was maintained by Cowen & Co with "Market Perform" on Tuesday, August 25. The firm has "Buy" rating by Stifel Nicolaus given on Monday, December 21. Mizuho maintained it with "Neutral" rating and $125 target in Friday, September 11 report. The rating was upgraded by Bank of America on Thursday, May 11 to "Buy".

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