Berenberg Bank Increases Carnival plc (CCL) Price Target to GBX 5300

BlackRock Inc. lifted its holdings in shares of Carnival Corporation by 2,672.9% in the first quarter. Aperio Group LLC now owns 1,168,775 shares of the company's stock worth $77,279,000 after acquiring an additional 164,173 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Carnival Corporation by 316.9% in the second quarter.

Short traders are more bullish on shares of Carnival Corporation recently if you evaluate the fall in short interest. Investec Asset Management LTD now owns 4,708,302 shares of the company's stock valued at $245,114,000 after buying an additional 1,449,738 shares during the last quarter. The fund owned 33,727 shares of the company's stock after buying an additional 29,355 shares during the period.

The stock decreased -0.40% (-20.00) during the last trading session, reaching 5020.00 and roughly 541769 shares were bought or sold by traders.

In other Carnival Corp news, Director Richard Glasier sold 6,000 shares of the firm's stock in a transaction dated Thursday, April 13th. The shares were sold at an average price of $67.52, for a total transaction of $1,012,800.00. Following the completion of the sale, the director now owns 26,684 shares in the company, valued at approximately $1,555,410.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Oarsman Capital Inc sold 6,995 shares as the company's stock rose 11.01% with the market.

Airbnb-Branded Apartment Buildings Are Coming to the US
The profit-share agreement is created to encourage landlords to commit to allowing tenants to use Airbnb without repercussions. Tenants will be encouraged to sublet their spaces online, and guests will have access to amenities commonly found in hotels.

Riot Games co-founders are moving back to making games
The founders of billion-dollar titan Riot Games have shrugged off managerial duties to focus on their passion: making great games. Besides League of Legends , Riot Games has only developed and published a tabletop spin-off product called Mechs vs.

Musonda Might Be Suspended By Chelsea After Instagram Controversy
And the Evening Standard are reporting that Musonda, 20, could be shipped out on loan to get the playing time he wants. I am sure about this because he is a talented player, and I am sure he will be a Chelsea player...

TRADEMARK VIOLATION WARNING: This piece of content was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was illegally copied and republished in violation of USA & worldwide trademark and copyright legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2017/10/13/gratry-co-llc-invests-2-28-million-in-carnival-corporation-cuk.html. The stock of Carnival Corp (NYSE:CCL) has "Outperform" rating given on Friday, May 26 by Wolfe Research. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. Carnival Corp has a 12 month low of $42.94 and a 12 month high of $64.33. The company has a market cap of $48.45 billion, a PE ratio of 18.28 and a beta of 0.71. The stock has a 50 day moving average price of GBX 5,021.95 and a 200 day moving average price of GBX 4,967.73. Moreover, Adage Capital Group Inc Ltd Liability Com has 0.1% invested in Carnival Corp (NYSE:CCL). The company reported $2.29 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.20 by $0.09. The firm had revenue of $5.52 billion during the quarter, compared to analysts' expectations of $5.39 billion. As of the latest earnings report the EPS was $3.68 and is expected to be $3.68 for the current year with 721,000,000 shares now outstanding. The business's revenue was up 8.2% on a year-over-year basis. The dividend was $0.400 per share for the quarter or $1.60 annualized. On Wednesday, August 2 the stock rating was maintained by Brean Capital with "Hold". Presently, the stock has a 14-day RSI of 53.86, the 7-day is sitting at 52.55, and the 3-day is resting at 49.21. Carnival Corp's dividend payout ratio (DPR) is presently 37.43%. New Mexico Educational Retirement Board reported 0.13% of its portfolio in Carnival Corp (NYSE:CCL). Nomura reaffirmed a "buy" rating and issued a $75.00 target price on shares of Carnival Corporation in a research report on Friday, September 29th. The stock has "Neutral" rating by Goldman Sachs on Tuesday, March 29. Deutsche Bank AG reiterated a "hold" rating and issued a $62.00 price objective (up previously from $58.00) on shares of Carnival Corporation in a report on Sunday, June 25th. Barclays PLC reissued an "equal weight" rating and issued a GBX 5,300 ($69.68) target price on shares of Carnival plc in a research note on Monday, July 17th. 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 CCI reading over +100 would suggest that the stock is overbought and possibly ready for a correction. The company has an average rating of "Buy" and an average price target of $65.60.

Carnival Corporation 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. The Company's segments include North America, and Europe, Australia & Asia (EAA). Investec Asset North America has 1.05% invested in Carnival Corp (NYSE:CCL).

Want to see what other hedge funds are holding CUK?

Related:

  • European Council building in poison alert

    European Council building in poison alert

    The European Council said the building will still be used for next week's EU leadership summit, where Brexit will be discussed. The building, which usually hosts ministerial meetings and leaders of twenty-eight, had to be evacuated temporarily.
    Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs

    Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs

    Automobile industry magazines have termed the tax as "Tesla Tax" as it would impact Tesla's expensive Model S and Model X SUV. There are more than 13,000 registered Teslas in Norway, according to data from the national statistics office.

    Analysts Ratings on: Diamond Offshore Drilling, Inc. (DO)

    Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis. Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 0, and a price to sales ratio of 0.18.
  • Bobby Deol To Star Alongside Salman Khan In Race 3

    Bobby Deol To Star Alongside Salman Khan In Race 3

    The Sultan actor was reportedly offered the negative role in Race 3 and it is said to be an important character in the movie. Bobby tweeted about his excitement for the movie, he wrote, "it feels great to be a part of "Race" team".
    Germany, France, Austria say internal European Union  border checks still needed

    Germany, France, Austria say internal European Union border checks still needed

    De Maiziere also noted that the threat of a terror attack was one of the reasons the Interior Ministry chose to extend border controls.

    Visa Inc. (V) Upgraded at Wells Fargo & Company

    After $0.14 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -71.43% negative EPS growth. Visa now has an average rating of "Buy" and an average target price of $109.40. (NYSE:V), 28 have Buy rating, 0 Sell and 6 Hold.
  • PNC Financial Services tops Street 3Q forecasts

    First Financial Bank Co Of Newtown holds 0.32% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 8,909 shares. The financial services provider reported $1.96 EPS for the quarter, beating the Zacks' consensus estimate of $1.83 by $0.13.

    Growth Analysis of Delta Air Lines, Inc. (DAL)

    It also demonstrates a stable dividend policy for Delta Air Lines, Inc . connected to the long-run, with viable earnings. A number of hedge funds and other institutional investors have recently made changes to their positions in the stock.
    Woman struck, killed in Westford parking lot identified

    Woman struck, killed in Westford parking lot identified

    Paramedics then performed CPR on Wang as she was rushed to Lowell General Hospital where she died. Authorities say she was at the back of her SUV when it was struck by another vehicle.
  • Newfield Exploration Co (NYSE:NFX) Institutional Investors Sentiment Unchanged in 2017 Q2

    Newfield Exploration Co (NYSE:NFX) Institutional Investors Sentiment Unchanged in 2017 Q2

    Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. July 21 investment analysts at Citigroup left the stock rating at "Buy" but lowered the price target from $42.00 to $36.00.
    Marcus Mariota 'absolutely' plans to play on Monday Night Football

    Marcus Mariota 'absolutely' plans to play on Monday Night Football

    Designed quarterback run plays would be either limited or eliminated if Mariota returned this week. Mariota doing more Wednesday than he did last week was a good sign, according to Mularkey.

    Chevron withdraws from Great Australian Bight exploration

    It follows BP PLC's decision a year ago to halt its own exploration efforts there, saying the project didn't stack up financially. It said while the Bight had massive potential, low oil prices had forced it to concentrate on other projects.

Comments

Latest news

Tiangong-1: Chinese space station will crash to Earth within months
McDowell said a slight change in atmospheric conditions could nudge the landing site "from one continent to the next". Tiangong-1 was seen as a scientific project that would turn China into a "space superpower" .

Edmonton armed carjacking suspects flee to Saskatchewan
RCMP said the Chrysler 300 was seen speeding through the Vegreville area and was later found in Saskatchewan. RCMP conducted a manhunt Thursday in the Paynton area after the stolen vehicles were spotted in the area.

Traders Secrets on Yum! Brands, Inc. (YUM), Applied Optoelectronics, Inc. (AAOI)
As per Tuesday, July 21, the company rating was reinitiated by Goldman Sachs. 83 funds opened positions while 54 raised stakes. Evercore Wealth Mgmt Lc invested in 65 shares or 0% of the stock. 5,687 are held by Metropolitan Life Ins New York.

Avis Budget Group, Inc. (NASDAQ:CAR) Trading Up - Short Interest Down -8.66%
The investment professionals in our partner's database now hold: 115.24 million shares, up from 101.39 million shares in 2017Q1. Following the completion of the sale, the insider now owns 510,714 shares in the company, valued at $19,049,632.20.

J&K Police detains Hizbul militant Gulzar Dar in Pulwama
Gulzar Ahmad Dar was arrested by the security forces in Tral town of Pulwama district. During searches, terrorists hiding in the hideout fired upon the search party.

US Marine Corps Grounds CH-53Es in Okinawa Following Fiery Landing
Japanese authorities asked the USA military to provide a full report and take steps to prevent a similar accident. Defense Minister Itsunori Onodera, however, said that he had agreed with the deputy commander of U.S.

$2.49 Billion in Sales Expected for EOG Resources Inc (EOG) This Quarter
The collective rating of 2.5 for LendingClub Corporation (NYSE:LC) also leans strongly towards the neutral end of the spectrum. Allen Investment Management Ltd holds 0.05% of its portfolio in EOG Resources Inc (NYSE:EOG) for 11,038 shares.

Bulgaria's Head of State Held Talks with the President of Azerbaijan
We believe this is the beginning of fruitful cooperation in the field of education and culture", he said. Bulgaria has an agreement with Azerbaijan for the delivery of 1 billion cubic meters of gas annually.

Quest Diagnostics Incorporated (NYSE:DGX) Experiences Heavier than Average Trading Volume
Mizuho maintained it with "Neutral" rating and $88 target in Friday, October 21 report. 11,995 are held by Security Natl Trust. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio.

Norfolk Southern Corporation (NYSE:NSC) Upward Momentum Touches New Heights
D Orazio & Associates Inc. boosted its position in Norfolk Souther Corporation by 0.5% during the 1st quarter. (NYSE:NSC). On average, equities analysts expect that Norfolk Southern Corp. will post $6.35 earnings per share for the current year.

Suspecting love jihad, alleged Shiv Sena activists thrash Muslim man in Rajasthan
However, Khan was dragged out by a mob and the hotel staff informed Parihar that Shiv Sena members were present outside. He added that 5 persons came to the hotel and said that they would "address" the issue among themselves.

Trent Reznor + Atticus Ross Release Cover of John Carpenter's 'Halloween' Theme
John Carpenter shared a statement of his own, saying that Reznor and Ross' version of his song "does unbelievable justice to the original".

Kim Kardashian West: North is 'jealous' of Saint
Maybe North just wants another Penelope in her life. "No boys!' She'll slam the door on her brother's face, and he'll just start crying".

United Continental Holdings, Inc. (UAL) Shares Sold by Glendon Capital Management LP
The Company's imagery solutions and other services are sourced from its own satellite constellation and third-party providers. Janus Henderson Group PLC lifted its stake in shares of United Continental Holdings by 30,735.3% in the 2nd quarter.

Magical Messi sees Argentina through to WC finals
Somehow the Costa Rican defender scrambled it clear but the referee, who had been standing outside the box, awarded the goal.

Other news