Roystone Capital Management LP Has Cut Its Stake in Royal Caribbean Cruises LTD (RCL) by $25.05 Million as Shares D…


Roystone Capital Management Lp decreased its stake in Royal Caribbean Cruises Ltd (RCL) by 43.1% based on its latest 2018Q3 regulatory filing with the SEC. Roystone Capital Management Lp sold 194,200 shares as the company’s stock declined 15.38% with the market. The hedge fund held 256,400 shares of the marine transportation company at the end of 2018Q3, valued at $33.32 million, down from 450,600 at the end of the previous reported quarter. Roystone Capital Management Lp who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be less bullish one the $24.26 billion market cap company. The stock increased 1.10% or $1.26 during the last trading session, reaching $116.1. About 1.57M shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has declined 15.47%…

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