BlackRock Updates Royal Caribbean Stake as of Dec 31, 2023
Ticker: RCL · Form: SC 13G/A · Filed: 2024-02-02T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Royal Caribbean holdings, showing its stake as of year-end 2023.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on February 2, 2024, indicating its ownership of Royal Caribbean Cruises Ltd. common stock as of December 31, 2023. This filing, Amendment No. 4, updates their previous disclosures regarding their stake in the cruise line company. This matters to investors because BlackRock is a major institutional investor, and changes in their reported holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in Royal Caribbean, providing transparency on a significant institutional investor's position, which can influence market sentiment.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal a significant risk or opportunity.
Analyst Insight
Investors should note that BlackRock continues to hold a position in Royal Caribbean, but this filing alone doesn't provide details on the size or change in their stake, so further investigation into the full filing's details would be needed for actionable insights.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- ROYAL CARIBBEAN CRUISES LTD (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 2, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 4 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 4)'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section.
What is the subject company whose securities are being reported?
The subject company is ROYAL CARIBBEAN CRUISES LTD, as clearly stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL CARIBBEAN CRUISES LTD'.
What was the date of the event that required this filing?
The date of the event which requires the filing of this statement was December 31, 2023, as specified in the filing.
What is the SEDOL Number for the class of securities reported?
The SEDOL Number for the Common Stock of Royal Caribbean Cruises Ltd. is 2754907, as listed under '(SEDOL Number) 2754907'.
From the Filing
EDGAR Filing Documents for 0001086364-24-006239 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-006239 Filing Date 2024-02-02 Accepted 2024-02-02 14:18:06 Documents 1 Document Format Files Seq Description Document Type Size 1 lr0008862868_020224.txt SC 13G/A 12019 Complete submission text file 0001086364-24-006239.txt 13859 Mailing Address 1050 CARIBBEAN WAY MIAMI FL 33132 Business Address 1050 CARIBBEAN WAY MIAMI FL 33132 3055396000 ROYAL CARIBBEAN CRUISES LTD (Subject) CIK : 0000884887 (see all company filings) EIN. : 980081645 | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-49529 | Film No.: 24590256 SIC : 4400 Water Transportation (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)