SuperTrend Spotted Above Stock Price for Carnival Corp (CCL) — Signal Focus

Mindy Sparks
September 28, 2017

A total of 3,947,057 shares exchanged hands during the intra-day trade contrast with its average trading volume of 3.20M shares, while its relative volume stands at 1.23. Carnival Corporation's dividend payout ratio is now 43.72%. Insiders own 0.04% of the company's stock. Ameritas Inv Prns invested in 9,614 shares or 0.03% of the stock. BlackRock Inc. now owns 28,469,248 shares of the company's stock worth $1,866,728,000 after buying an additional 550,116 shares during the period. William Blair restated an "outperform" rating on shares of Carnival Corporation in a research note on Friday, June 9th. State Street Corp now owns 17,999,377 shares of the company's stock valued at $1,060,346,000 after buying an additional 284,607 shares during the period.

Envestnet Asset Management Inc decreased Carnival Corp (CCL) stake by 14.8% reported in 2017Q2 SEC filing. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Carnival Corporation (NYSE CCL) started trading at 63.68 on Early Thur. The company rocked its 52-Week High of $69.89 and touched its 52-Week Low of $45.92. The company has market cap of $3.18 billion. Based on a recent bid, its distance from 20 days simple moving average is -4.37%, and its distance from 50 days simple moving average is -5.23% while it has a distance of 4.42% from the 200 days simple moving average. Carnival Corporation also saw unusually large options trading activity on Tuesday. This represents an increase of approximately 409% compared to the average volume of 1,690 call options. Carnival Corp (NYSE:CCL) has risen 24.12% since September 28, 2016 and is uptrending.

Analysts expect SouthCrest Financial Group Inc (OTCMKTS:SCSG) to report $0.23 EPS on October, 27.SCSG's profit would be $904,274 giving it 10.17 P/E if the $0.23 EPS is correct. Carnival Corporation had a net margin of 15.53% and a return on equity of 12.34%. During the same quarter in the prior year, the company posted $1.92 earnings per share. The business's revenue was up 8.2% compared to the same quarter past year. On average, analysts predict that Carnival Corporation will post $3.74 EPS for the current year.


The business also recently announced a dividend, which will be paid on Friday, June 16th. The ex-dividend date of this dividend is Thursday, May 25th. Investors with a record date on early Fri, Aug 25th were given a dividend of $0.40 for a share. this indicates a $1.60 dividend on a yearly basis and a payout of of 2.46%.

Tracking some recent stock price action, we can see that Carnival Corp (CCL) recently touched 64.22. Research firm Zacks lifted Carnival Corporation from a "hold" recommendation to a "buy" recommendation and fixed a $77.00 price target for The corporation in a note on Tue, Sep 5th. Finally, Morgan Stanley boosted their target price on shares of Carnival plc from GBX 4,100 ($50.91) to GBX 4,300 ($53.40) and gave the stock an "underweight" rating in a research report on Thursday, March 2nd. Hancock Holdg holds 0.68% of its portfolio in Carnival Corp (NYSE:CCL) for 245,646 shares. Deutsche Bank AG restated a "hold" rating and set a $61.00 target price (down from $62.00) on shares of Carnival Corporation in a research note on Wednesday.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). If you are accessing this piece on another site, it was illegally stolen and republished in violation of USA and worldwide trademark and copyright legislation. The legal version of this piece of content can be viewed at https://www.truebluetribune.com/2017/09/28/veritable-l-p-buys-2595-shares-of-carnival-corporation-ccl.html. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

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