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Banque Pictet & Cie SA Purchases New Shares in Royal Caribbean Cruises Ltd. $RCL
Banque Pictet & Cie SA has acquired a new position in Royal Caribbean Cruises Ltd., purchasing 5,600 shares valued at approximately $1.56 million in the fourth quarter. Other institutional investors also increased their holdings, bringing total institutional ownership to 87.53%. Royal Caribbean reported in-line Q4 EPS of $2.80 on revenue of $4.26 billion, approved a $2.00 billion share repurchase program, and raised its quarterly dividend to $1.50 per share.