Richard Fain Insider Sell Transaction
An insider of the company Royal Caribbean Cruises Ltd (NYSE:RCL)
Royal Caribbean Cruises Ltd Stock Rating, Sentiment and Fundamentals
And also, figures provided by thirty top financial analysts who research Royal Caribbean Cruises Ltd states that the price to earnings ratio will be 20.62 if the earnings per share is $4.79. They suggest EPS growth rate of not more than 24.02% year-over-year. It is difficult to make conclusions about Royal Caribbean Cruises Ltd’s future just from Richard Fain’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Richard exercised options for 80,516 shares with average price 45.0, worth 3.62 million.
| Rating & Sentiment | |
| PsychSignal Social: | SELL |
| Analysts Rating: | BUY |
| Hedge Funds Sentiment: | BUY |
| Stock Fundamentals | |
| Earnings + FCF Trend: | BUY |
| Sector/Industry Macro: | BULLISH |
| Valuation Models: | - |
| Technical Analysis | |
| ST Trend: | UP |
| MT Trend: | UP |
| LT Trend: | UP |
| OctaFinance Rating*: | NEUTRAL |
* Read How Our Stock Ratings System Works
We rate the stock as a “Neutral”. The decision is because of our live-tested momentum model, which is presented on the chart below. The price of Royal Caribbean Cruises Ltd’s stock has increased 18.59% over the last 200 days, and shows a strong up trend.
Price Chart of Royal Caribbean Cruises Ltd NYSE:RCL Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
As well-known traders including Paul Singer claimed, best returns are made through a combination of fundamental and technical analysis. This is definitely not the case with Royal Caribbean Cruises Ltd.
Hedge Funds Ownership
As of Q2 2015, 387 hedge funds holded Royal Caribbean Cruises Ltd. The institutional ownership of the company in the last quarter is very high, at 67.26% of the shares outstanding. Its up 4.28% from Q1 2015. These banks and asset managers increased the total shares they own by 6.07 million to 147.98 million this quarter. A total of 60 funds opened new positions in Royal Caribbean Cruises Ltd and 149 increased their holdings. There were 63 funds that closed their positions and 138 that reduced them.
As reported by SEC’s 13F filings, 18 investment managers have this stock in their Top 10 stock portfolios. Some of them are: Stoneridge Investment Partners Llc, Tiger Veda Management Llc, Altimeter Capital Management Lp, Folketrygdfondet, Majedie Asset Management Ltd, Pinnacle Associates Ltd, Tremblant Capital Group, Chartwell Investment Partners Inc., Mig Capital Llc, Oceanic Investment Management Ltd.
Abner Herrman & Brock Llc is the most positive institutional investor on Royal Caribbean Cruises Ltd, with ownership of 13,805 shares as of Q2 2015 for 0.54% of the fund’s portfolio. Afam Capital Inc. is another positive asset manager owning 145,235 shares of the company or 1.52% of their stocks portfolio. The stock is also 1.45% of the fund’s AUM. Cranberry Lake Advisors Llc have 14.73% of their stock portfolio invested in the company’s market cap for 322,325 shares. Moreover, The New York-based fund Highline Capital Management Llc revealed it had purchased a stake worth 2.05% of the fund’s stock portfolio in the company. Lapides Asset Management Llc was also a big believer in the firm, possessing 67,500 shares. Royal Caribbean Cruises Ltd is 0.85% of the fund’s stock portfolio.
Royal Caribbean Cruises Ltd NYSE:RCL Company Profile
Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Company’s ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.
Company Website: Royal Caribbean Cruises Ltd
The firm has 63400 employees. Today its market capitalization is: $21.72 billion and it has 221.66 million outstanding shares. Currently the company has 73.55% shareholders and the institutional ownership stands at 73.55%. Royal Caribbean Cruises Ltd was formed in Null on 1985-07-23. The stock closed at $98.730003 yesterday and it had average 2 days volume of 495521 shares. It is up from the 30 days average shares volume of 475574. Royal Caribbean Cruises Ltd has a one year low of $63.40 and a 250 days high of $99.37. The stock price is above the 200 days Simple moving average. Royal Caribbean Cruises Ltd last issued its quarterly earnings information on 10/23/2015. The company reported 2.84 EPS for the quarter, above the consensus estimate of 2.7 by 0.14. The company had a revenue of 2.52 billion for 9/30/2015 and 2.06 billion for 6/30/2015. Therefore, the revenue was 464.78 million up.
* Represents the weighted-average sale price per share of a series of transactions – all of which were executed on October 26 – 2015. The actual sale prices ranged from a low of $98.28 to a high of $99.36. The Reporting Person undertakes to provide upon request of the SEC Staff – Royal Caribbean Cruises Ltd. or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.
* Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
* The reporting person disclaims beneficial ownership of some or all of these shares.
* Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.
* This form does not include shares owned by other trusts for the benefit of members of the Fain family in which Mr. Fain does not have any beneficial or pecuniary interest nor shares directly or indirectly owned by Mr. Fain’s adult children.
* Immediately.
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