Sequoia Financial Advisors reduces Royal Caribbean position
The investment adviser sold 8,806 shares during the second quarter, according to its latest SEC filing.
Sequoia Financial Advisors LLC reduced its position in Royal Caribbean Cruises Ltd. by 29.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund retained 21,053 shares after selling 8,806 shares. Its Royal Caribbean holdings were worth $6,685,000 at the end of the most recent quarter.
Royal Caribbean reported earnings of $4.21 per share for the quarter and revenue of $4.83 billion. The company set its fiscal 2026 guidance at 17.730 to 17.870 earnings per share and its third-quarter 2026 guidance at 6.260 to 6.360 earnings per share.
The cruise company also declared a quarterly dividend of $1.50 per share. The dividend represents an annualized payment of $6.00 per share and a yield of 2.3%.
