Virtus Investment Advisers Trimmed Its Royal Caribbean Cruises LTD (RCL) Stake by $530,056; Praxair (PX) Holder Coastline Trust Co Decreased Holding by $342,357

February 19, 2018 - By Kurt Siggers

Virtus Investment Advisers Inc decreased its stake in Royal Caribbean Cruises Ltd (RCL) by 19.48% based on its latest 2017Q3 regulatory filing with the SEC. Virtus Investment Advisers Inc sold 4,492 shares as the company’s stock rose 11.49% with the market. The institutional investor held 18,562 shares of the marine transportation company at the end of 2017Q3, valued at $2.20 million, down from 23,054 at the end of the previous reported quarter. Virtus Investment Advisers Inc who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be less bullish one the $30.97B market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $131.68. About 1.20M shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 38.22% since February 19, 2017 and is uptrending. It has outperformed by 21.52% the S&P500.

Coastline Trust Co decreased its stake in Praxair Inc (PX) by 8.78% based on its latest 2017Q3 regulatory filing with the SEC. Coastline Trust Co sold 2,463 shares as the company’s stock rose 10.06% with the market. The institutional investor held 25,590 shares of the basic industries company at the end of 2017Q3, valued at $3.58M, down from 28,053 at the end of the previous reported quarter. Coastline Trust Co who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $43.98 billion market cap company. The stock decreased 1.41% or $2.19 during the last trading session, reaching $153.61. About 1.59 million shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since February 19, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Coastline Trust Co, which manages about $573.48M US Long portfolio, upped its stake in Symantec Corp (NASDAQ:SYMC) by 11,540 shares to 22,104 shares, valued at $725,000 in 2017Q3, according to the filing. It also increased its holding in Qualcomm Inc Com (NASDAQ:QCOM) by 6,370 shares in the quarter, for a total of 21,210 shares, and has risen its stake in Schein Henry Inc (NASDAQ:HSIC).

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.18, from 0.9 in 2017Q2. It is positive, as 39 investors sold PX shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Horizon Kinetics Lc accumulated 1,485 shares or 0.01% of the stock. Motco accumulated 100 shares. Dearborn Prtn Ltd Llc has 63,162 shares. Noesis Cap Mangement Corp accumulated 36,896 shares. Glg Partners Lp reported 40,462 shares stake. Ballentine Prtnrs Ltd owns 1,734 shares. Td Cap Management Ltd reported 32 shares or 0% of all its holdings. Gofen And Glossberg Limited Liability Corp Il owns 28,396 shares. 209,023 were accumulated by Conning Incorporated. Baystate Wealth Limited Co reported 192 shares. First Interstate Bancorp stated it has 0% of its portfolio in Praxair, Inc. (NYSE:PX). Manufacturers Life Ins The has 509,659 shares for 0.08% of their portfolio. Fukoku Mutual Life Insur holds 0.05% of its portfolio in Praxair, Inc. (NYSE:PX) for 2,400 shares. Confluence Ltd Liability Corp has 1.96% invested in Praxair, Inc. (NYSE:PX). Buckingham Asset Management Ltd Co holds 0.11% of its portfolio in Praxair, Inc. (NYSE:PX) for 3,360 shares.

Among 23 analysts covering Praxair (NYSE:PX), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Praxair had 51 analyst reports since August 12, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Thursday, July 6 report. Seaport Global Securities upgraded Praxair, Inc. (NYSE:PX) on Wednesday, January 13 to “Accumulate” rating. Bank of America upgraded the shares of PX in report on Wednesday, June 7 to “Buy” rating. On Wednesday, January 31 the stock rating was maintained by Seaport Global with “Hold”. The firm has “Buy” rating given on Monday, October 30 by Citigroup. On Thursday, September 7 the stock rating was upgraded by Susquehanna to “Positive”. Deutsche Bank downgraded the shares of PX in report on Monday, April 4 to “Hold” rating. The firm earned “Buy” rating on Wednesday, January 31 by Susquehanna. The rating was downgraded by KeyBanc Capital Markets on Tuesday, February 2 to “Sector Weight”. The firm has “Equal Weight” rating given on Monday, May 2 by Barclays Capital.

Investors sentiment decreased to 1.25 in 2017 Q3. Its down 0.01, from 1.26 in 2017Q2. It dropped, as 39 investors sold RCL shares while 168 reduced holdings. 83 funds opened positions while 175 raised stakes. 153.19 million shares or 1.72% more from 150.60 million shares in 2017Q2 were reported. Td Asset Management Inc reported 0.03% stake. Bogle Inv Mngmt LP De invested 0.75% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Bluestein R H has 4,500 shares. Glenmede Trust Na invested 0.16% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Etrade Capital Mgmt Ltd Co has invested 0.1% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Cornerstone Advisors has invested 0.14% in Royal Caribbean Cruises Ltd. (NYSE:RCL). 169,904 are held by Retirement Of Alabama. Putnam Limited Liability Corp, a Massachusetts-based fund reported 2,800 shares. Prtnrs Limited Liability invested 0.73% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Goldman Sachs Gp invested in 1.85M shares or 0.05% of the stock. Bancorporation stated it has 3,195 shares or 0.04% of all its holdings. City Holdg has 0% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 42 shares. Supplemental Annuity Collective Of Nj holds 0.47% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 9,000 shares. Northern Trust Corp holds 2.02 million shares or 0.06% of its portfolio. Odey Asset Mgmt Group Limited has 25,000 shares for 0.27% of their portfolio.

Since September 13, 2017, it had 0 buys, and 8 insider sales for $16.11 million activity. Bayley Michael W also sold $1.81 million worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) on Thursday, December 14. Lutoff-Perlo Lisa had sold 7,404 shares worth $996,208 on Monday, January 29. Liberty Jason T sold $772,942 worth of stock.

Virtus Investment Advisers Inc, which manages about $40.49 billion and $952.83M US Long portfolio, upped its stake in Cooper Cos Inc (NYSE:COO) by 11,849 shares to 12,088 shares, valued at $2.87M in 2017Q3, according to the filing. It also increased its holding in Powershares Db Cmdty Idx Tra (DBC) by 136,449 shares in the quarter, for a total of 586,557 shares, and has risen its stake in Northern Tr Corp (NASDAQ:NTRS).

Among 23 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Royal Caribbean Cruises Ltd. had 66 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Buy” rating by Nomura on Wednesday, August 2. Wedbush maintained the shares of RCL in report on Friday, January 27 with “Outperform” rating. As per Thursday, October 27, the company rating was downgraded by JP Morgan. The firm has “Neutral” rating given on Thursday, January 25 by Bank of America. The company was maintained on Wednesday, November 8 by Buckingham Research. The firm has “Outperform” rating by Wedbush given on Wednesday, February 3. On Friday, October 13 the stock rating was maintained by SunTrust with “Buy”. The firm earned “Buy” rating on Thursday, January 25 by Wedbush. The rating was initiated by Deutsche Bank with “Hold” on Thursday, September 29. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Hold” rating by Pareto Securities on Wednesday, January 27.

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