Jefferies Acquires New Royal Caribbean Stake
A second-quarter filing showed a 7,055-share investment valued at approximately $2,240,000.
Jefferies Financial Group Inc. acquired a new stake in Royal Caribbean Cruises Ltd. during the second quarter, according to the company’s most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,055 shares valued at approximately $2,240,000.
Institutional investors and hedge funds currently own 87.53% of Royal Caribbean Cruises stock.
Royal Caribbean Cruises reported quarterly earnings per share of $4.21, compared with a consensus estimate of $3.98. The result exceeded that estimate by $0.23. Quarterly revenue was $4.83 billion, while the consensus estimate was $4.82 billion.
Royal Caribbean Cruises CEO Michael W. Bayley sold 12,811 shares on Wednesday, July 29th. The shares were sold at an average price of $315.99, resulting in a total transaction value of $4,048,147.89.
