Carnival Corporation (NYSE:CCL) Trading Up - Short Interest Down by -14.28%

The institutional investor owned 761,738 shares of the company's stock after selling 45,819 shares during the quarter. Carnival Corporation earned a media sentiment score of 0.16 on Accern's scale. 51 funds opened positions while 236 raised stakes. BlackRock Inc. now owns 27,919,132 shares of the company's stock worth $1,644,716,000 after acquiring an additional 26,912,293 shares during the last quarter. The Regentatlantic Capital Llc holds 46,773 shares with $3.07M value, up from 37,207 last quarter. The fund owned 16,204 shares of the company's stock after buying an additional 4,687 shares during the period. Mason Street Advisors LLC increased its stake in shares of Carnival Corp by 0.7% in the first quarter. Bank of America Corp DE now owns 24,838,450 shares of the company's stock worth $1,463,234,000 after acquiring an additional 1,519,630 shares during the last quarter. IL raised its holdings in Carnival Corporation by 1.7% in the 1st quarter. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average.

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. Following the completion of the sale, the director now owns 22,798 shares of the company's stock, valued at approximately $1,390,222.04. Institutional investors and hedge funds own 77.34% of the company's stock.

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Neuberger Berman Group Llc decreased Carnival Corp (CCL) stake by 3.38% reported in 2017Q2 SEC filing.

Carnival Corporation (NYSE:CCL) traded at an unexpectedly low level on 10/12/2017 when the stock experienced a -0.51% loss to a closing price of $66.86. The stock rose 1.08% or $0.72 reaching $67.58. This company shares are -5.91% up from its target price of $9.55 and the current market capitalization stands at $43.9B.

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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) last announced its quarterly earnings data on Tuesday, September 26th. The days to cover decreased to 2.0 and the percentage of shorted shares was 0.01% on September 29. Carnival Corporation had a return on equity of 12.15% and a net margin of 15.53%. U.S. Bancorp earnings have risen with an annualized rate of 5.7% over the last 5 years. The business's revenue was up 8.2% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, May 26th will be issued a $0.40 dividend. The company was maintained on Wednesday, August 9 by Keefe Bruyette & Woods. CCL comes in with a P/S ratio of 2.76 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (13.04) and its peers (89.54).

A number of brokerages have issued reports on CCL. The median target of analyst views collected by Yahoo Finance was as much as $5.4 below CCL's recent stock price. Fsi Group Inc Ltd Limited Liability Company holds 13.52% or 659,134 shares. Credit Suisse Group reaffirmed a "neutral" rating on shares of Carnival Corporation in a research report on Thursday, September 28th. Deutsche Bank AG restated a "hold" rating and issued a $62.00 price objective (up from $58.00) on shares of Carnival Corporation in a report on Sunday, June 25th. Bank of America upgraded it to "Buy" rating and $63 target in Friday, September 23 report. Nine research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. So is with Carnival Corporation. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world. The Company operates in four segments: North America, EAA, Cruise Support and, Tour and Other. Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. It is negative, as 38 investors sold CCL shares while 225 reduced holdings.

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