Carnival Rises, Driven By Higher Ticket Prices

This represents a $1.60 annualized dividend and a dividend yield of 2.40%. About 793,361 shares traded. It has underperformed by 7.24% the S&P500.

Foster Dykema Cabot & Co Inc decreased its stake in Carnival Corporation (CCL) by 15% based on its latest 2017Q2 regulatory filing with the SEC. The stock was sold at an average price of $58.29, for a total transaction of $349,740.00. About 1.13M shares traded. Oarsman Capital Inc who had been investing in Carnival Corporation for a number of months, seems to be less bullish one the $47.14B market cap company. It has outperformed by 7.42% the S&P500. Commonwealth Equity Inc, a Massachusetts-based fund reported 35,245 shares.

Since October 16, 2017, it had 0 insider purchases, and 1 insider sale for $6.13 million activity.

Investors sentiment decreased to 1.12 in 2017 Q2. Longer term we see that it has been 1.17% for the quarter and for the half year -0.56%. It is negative, as 38 investors sold CCL shares while 225 reduced holdings. 89 funds opened positions while 205 raised stakes.

For the year, the company reported profit of $2.61 billion, or $3.59 per share.

Carnival Corporation (NASDAQ:CCL) To Release Earnings
Carnival Rises, Driven By Higher Ticket Prices

Carnival Corp. on Tuesday reported a dip in fiscal fourth-quarter profit on higher costs, but the results still topped Wall Street expectations. Tradewinds Management Lc accumulated 0.03% or 803 shares. Raymond James & holds 2.10 million shares. Advisors Asset has invested 0.01% in Carnival Corporation (NYSE:CCL). Washington Bancorp holds 1,190 shares or 0.02% of its portfolio. Pinnacle Associates Limited owns 334,935 shares or 0.42% of their USA portfolio. 4,325 were accumulated by Tokio Marine Asset.

Total shares held by institutions as of the most recent company filings are 5,458,977 with a reported 542,186 bought and 478,861 sold. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since December 18, 2016 and is uptrending. Goldman Sachs maintained Carnival Corporation (NYSE:CCL) on Tuesday, March 29 with "Neutral" rating. 400 are held by Riggs Asset Managment Inc. Carnival Corporation has $76.0 highest and $48 lowest target. Carnival Corporation (NYSE:CCL) has risen 24.12% since December 19, 2016 and is uptrending. Nine analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 61% are positive. Carnival Corporation had 60 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse Group restated a neutral rating on shares of Carnival in a research note on Thursday, September 28th. The rating was upgraded by Argus Research to "Buy" on Monday, February 27. As per Monday, August 17, the company rating was maintained by JP Morgan. On Thursday, September 29 the stock rating was initiated by Deutsche Bank with "Hold". The stock of Carnival Corporation (NYSE:CCL) earned "Buy" rating by Stifel Nicolaus on Thursday, June 22. The firm earned "Hold" rating on Thursday, June 15 by Jefferies. The ex-dividend date of this dividend was Wednesday, May 24th.

Investors sentiment decreased to 1.35 in 2017 Q2. Its down 0.59, from 2.02 in 2017Q1. The Massachusetts-based Cutler Capital Management Llc has invested 0.38% in the stock. 230.61 million shares or 4.36% more from 220.97 million shares in 2017Q1 were reported.

Ocean Original series produced by Carnival Corporation and now in their second season include "Ocean Treks with Jeff Corwin" and "Vacation Creation with Tommy Davidson and Andrea Feczko" on ABC; and "The Voyager with Josh Garcia" on NBC. Salient Llc reported 0.04% stake. Brown Advisory accumulated 18,328 shares. Cwm Limited invested 0.06% in Range Resources Corporation (NYSE:RRC). Stratos Wealth Partners Ltd invested in 3,698 shares. Toronto Dominion Natl Bank invested in 140,931 shares or 0.03% of the stock. 95,005 were reported by M&T Financial Bank. Bessemer Grp stated it has 3.36 million shares or 0.31% of all its holdings. Tiger Management Ltd Llc reported 7,350 shares. Douglass Winthrop Advsrs Limited Liability owns 14,000 shares for 0.06% of their portfolio. The ability for Carnival Corporation to pay these debts is as follows; current ratio is 0.2 and quick ratio comes to 0.2. Cowen & Co has "Hold" rating and $41.0 target. Hudock Capital Ltd Limited Liability Company has 101 shares. Performance year to date of 26.68% and sales growth for the past five years is 0.70%. 30,920 shares were sold by Poole David P, worth $505,851.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not.

  • Jon Douglas