Envestnet Asset Management Inc. reduced its stake in Royal Caribbean Cruises Ltd. by 3.6% in the third quarter, selling 11,351 shares and now owning 299,678 shares valued at $96.97 million. Institutional ownership of RCL stands at approximately 87.53%. The company recently reported strong earnings, declared a $1.00 quarterly dividend, authorized a $2.0 billion share buyback, and analysts have a “Moderate Buy” consensus rating with an average target price of $348.29.
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Envestnet Asset Management Inc. Sells 11,351 Shares of Royal Caribbean Cruises Ltd. $RCL
Envestnet Asset Management Inc. reduced its stake in Royal Caribbean Cruises Ltd. by 3.6% in the third quarter, selling 11,351 shares and now owning 299,678 shares valued at $96.97 million. Institutional ownership of RCL stands at approximately 87.53%. The company recently reported strong earnings, declared a $1.00 quarterly dividend, authorized a $2.0 billion share buyback, and analysts have a “Moderate Buy” consensus rating with an average target price of $348.29.