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Fifth Third Bancorp boosts stake in Royal Caribbean as the cruise line reports strong earnings and declares a dividend.
Fifth Third Bancorp increased its stake in Royal Caribbean Cruises Ltd. by 4.1%, now owning $3.54 million worth of shares.
Other institutional investors have also adjusted their holdings.
Royal Caribbean reported strong earnings, exceeding expectations, and declared a quarterly dividend of $0.55 per share.
The company has a market cap of $63.78 billion and a P/E ratio of 24.38.
Institutional investors own 87.53% of RCL's stock.
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Quinto Tercer Bancorp aumenta la participación en Royal Caribbean, ya que la línea de crucero reporta fuertes ganancias y declara un dividendo.