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Todd Asset Management LLC Has $23.99 Million Stock Position in Royal Caribbean Cruises Ltd. $RCL
Todd Asset Management LLC significantly reduced its stake in Royal Caribbean Cruises Ltd. by 40.3% in Q3, now holding shares valued at nearly $24 million. This comes as Royal Caribbean authorized a $2 billion share buyback and increased its quarterly dividend, while company insiders, including the CFO and CEO, recently sold large blocks of stock. Analyst ratings generally suggest a “Moderate Buy” for RCL.