EFG International acquires Royal Caribbean shares
A securities filing shows the firm purchased 51,169 shares valued at approximately $16,248,000 during the second quarter.
EFG International AG acquired a new stake in Royal Caribbean Cruises Ltd. during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 51,169 shares valued at approximately $16,248,000. Institutional investors own 87.53% of the company’s stock.
Royal Caribbean CEO Michael W. Bayley sold 12,811 company shares at an average price of $315.99. The transaction had a total value of $4,048,147.89.
In its quarterly results, Royal Caribbean reported earnings of $4.21 per share. That was $0.23 above the analyst consensus estimate of $3.98 per share.
Quarterly revenue totaled $4.83 billion, compared with analysts’ estimate of $4.82 billion. The company’s revenue increased 6.5% from the corresponding period a year earlier.
