Piedmont Investment Advisors LLC Boosts Stake in Carnival Corporation (CCL)

Lester Mason
October 13, 2017

Panagora Asset invested 0% of its portfolio in Carnival Corp (NYSE:CCL). Nuveen Asset Management Llc sold 24,773 shares as the company's stock declined 0.66% while stock markets rallied. Wedbush maintained Carnival Corp (NYSE:CCL) on Wednesday, March 29 with "Neutral" rating. That's the optimistic view from Wall Street. Analysts anticipate that traders could see stock price minimum in the $9.39 range (lowest target price).

Bernzott Capital Advisors holds 2.42% of its portfolio in Artisan Partners Asset Management Inc for 478,761 shares. WINTON GROUP Ltd now owns 118,019 shares of the company's stock worth $5,762,000 after purchasing an additional 34,433 shares in the last quarter.

TRADEMARK VIOLATION WARNING: "California State Teachers Retirement System Decreases Holdings in Carnival Corporation (CCL)" was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. Buckelew now owns $10,110,649 of stock as recorded in a recent Form 4 SEC filing. Amica Retiree Med Tru has invested 0.15% in Carnival Corp (NYSE:CCL).

Traders may also be paying close attention to RSI levels on shares of Ujjivan Financial Services Ltd (UJJIVAN.BO). Carnival plc has a 52 week low of GBX 3,723.00 and a 52 week high of GBX 5,435.00. The company has a market cap of $48.45 billion, a PE ratio of 18.28 and a beta of 0.71.

This particular stock's 5-day moving average is 66.64, its 20-day moving average is 65.19 and its 100-day moving average is 66.17.

Carnival Corporation (NYSE:CCL), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average. Analysts expect next quarter's EPS to be $0.46 and the next full year EPS is projected to be $4.30.

With these kinds of figures it is worthy to note that Carnival Corporation (CCL) has been put into a neutral territory, but there are few other spots to consider. The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.78 billion. Its sales stood at -2.80% a year on average in the period of last five years. Carnival Corporation (CCL) now has 535840 shares outstanding, which means that its market capitalization is $47.47B. The ex-dividend date was Wednesday the 23rd of August 2017. This represents a $1.60 dividend on an annualized basis and a yield of 2.38%.

Lakewood Capital Management Lp holds 0.7% of its portfolio in Triple-S Management Corp. for 1.04 million shares.

Several brokerages have commented on CCL. (The) reiterated a "neutral" rating on shares of Carnival Corporation in a report on Tuesday, August 15th. Obermeyer Wood Investment Counsel Lllp sold 7,903 shares as the company's stock rose 11.01% with the market. The stock has "Outperform" rating by Bernstein on Friday, September 9. Finally, Stifel Nicolaus reaffirmed a "buy" rating and issued a $68.00 target price on shares of Carnival Corporation in a research report on Friday, June 16th. A 7 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of USB or, if they already own its stock, sell it. Carnival Corp presently has a consensus rating of "Buy" and an average price target of $57.28. The Obermeyer Wood Investment Counsel Lllp holds 265,953 shares with $17.44 million value, down from 273,856 last quarter. An RSI reading above 80 indicates that a stock is overbought while anything below 20 is oversold. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Glasier sold 6,000 shares of Carnival Corp stock in a transaction dated Thursday, April 13th.

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. The hedge fund held 420,116 shares of the major banks company at the end of 2017Q2, valued at $16.01 million, up from 396,047 at the end of the previous reported quarter. The disclosure for this sale can be found here. The company was downgraded on Friday, September 23 by Barrington Research.

Carnival plc is a leisure travel company. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world.

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