Envestnet Asset Management Inc. now owns 53,337 shares of the company's stock valued at $3,140,000 after buying an additional 189 shares during the period. The value of the total investment in Carnival Corporation decreased from $42,000 to $28,000 a change of 33.3% since the last quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of CCL. The Regentatlantic Capital Llc holds 46,773 shares with $3.07M value, up from 37,207 last quarter. Alliancebernstein L.P. now owns 4,236,266 shares of the company's stock worth $277,772,000 after acquiring an additional 3,220,191 shares during the last quarter. First American Bank trimmed its investment by selling 205 shares a decrease of 32.4% from 06/30/2017 to 09/30/2017. Stephens Inc. AR now owns 12,651 shares of the company's stock worth $745,000 after purchasing an additional 7,665 shares in the last quarter. IL raised its holdings in Carnival Corporation by 1.7% in the 1st quarter.
The consensus recommendation - averaging the work of 24 analysts - of 2.1 for Carnival Corporation (CCL) points to moderate case.
In other Carnival Corporation news, insider Alan Buckelew sold 15,000 shares of the business's stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $60.98, for a total value of $1,217,465.70. Following the completion of the transaction, the insider now directly owns 150,860 shares in the company, valued at $10,110,637.20. Private Wealth Partners Ltd Liability Com invested in 15,150 shares or 0.22% of the stock. If you are accessing this story on another publication, it was illegally copied and republished in violation of USA & global trademark and copyright legislation. The correct version of this piece of content can be read at https://stocknewstimes.com/2017/10/12/piedmont-investment-advisors-llc-boosts-stake-in-carnival-corporation-ccl.html. Traders may use the indicator to spot stock trends or to seek out overbought/oversold conditions.
Among 27 analysts covering Carnival Corporation (NYSE:CCL), 17 have Buy rating, 1 Sell and 9 Hold. The company has a market cap of $48.45 billion, a PE ratio of 18.28 and a beta of 0.71.
CCL's 20 days and 50 days MA (moving average) comparison clear the blur picture.
Barclays PLC (BCS) exchanged hands at an unexpectedly high level of 2.42 million shares over the course of the day. Additionally Carnival Corporation recently announced a dividend that was paid on Friday the 15th of September 2017. The business had revenue of $5.52 billion during the quarter, compared to the consensus estimate of $5.39 billion. The 1 year EPS growth rate is 64.90%. Equities analysts forecast that Carnival Corporation will post $3.68 earnings per share for the current year. Shareholders of record on Friday, August 25th were issued a $0.40 dividend. As per Wednesday, August 9, the company rating was maintained by Jefferies. This represents a $1.60 dividend on an annualized basis and a yield of 2.38%. Carnival Corporation's dividend payout ratio (DPR) is now 43.72%.
CCL has been the subject of several research reports. Putnam Ltd Liability Corporation holds 8,119 shares or 0% of its portfolio. Finally, Deutsche Bank AG raised their target price on shares of Carnival Corp from $50.00 to $58.00 and gave the stock a "hold" rating in a report on Wednesday, March 29th. Finally, Wedbush reiterated a "neutral" rating and issued a $66.00 price objective (up previously from $61.00) on shares of Carnival Corporation in a report on Sunday, June 25th. Nine research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company.
The average 1-year price target for U.S. Bancorp (USB) - averaging the work of different analysts - reveals a mean PT of $54.94/share.
Triple-S Management Corporation operates as a managed care company. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world. The Company's segments include North America, and Europe, Australia & Asia (EAA). The Company's North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess) and Seabourn. It is negative, as 38 investors sold CCL shares while 225 reduced holdings.