Carnival Corp (NYSE:CCL) 2017 Q2 Sentiment Change

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25 September, 2017

Hightower Advisors Limited Liability Corp stated it has 88,241 shares. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.05. The stock rose 1.28% or $0.18 reaching $14.23. About 2.62M shares traded.

The stock decreased 0.29% or $0.36 on September 22, reaching $124.43. It has underperformed by 16.70% the S&P500.

Among 26 analysts covering Carnival Corporation (NYSE:CCL), 16 have Buy rating, 1 Sell and 9 Hold. Hutchinson Capital Management sold 9,152 shares as the company's stock rose 11.01% with the market. Institutional ownership in the company is 79.30% while the short ratio is 3.46. The target implies a 18.92% spike from where the shares are now trading.

Edgestream Partners L.P. raised its stake in shares of Carnival Corporation (NYSE:CCL) by 204.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). It has outperformed by 7.42% the S&P500.

Depending on the earnings numbers reported, Carnival Corporation (NYSE:CCL) stock may see increased volatility following the report. They expect $2.20 earnings per share, up 14.58% or $0.28 from last year's $1.92 per share. CCL's profit would be $1.59 billion giving it 7.32 P/E if the $2.20 EPS is correct. After $0.52 actual EPS reported by Carnival Corp for the previous quarter, Wall Street now forecasts 323.08% EPS growth. Its down 0.03, from 1.15 in 2017Q1. It fall, as 38 investors sold Carnival Corp shares while 225 reduced holdings. 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported. The correct version of this report can be accessed at https://stocknewstimes.com/2017/09/22/carnival-corporation-ccl-shares-bought-by-principal-financial-group-inc.html. Advsr Capital Ltd Llc has invested 1.02% in Carnival Corp (NYSE:CCL). Highstreet Asset Management holds 16,204 shares. Moreover, Kornitzer Capital Ks has 0.03% invested in Carnival Corp (NYSE:CCL) for 29,450 shares. Intll Investors holds 1% or 11.42 million shares in its portfolio.

A number of analysts recently weighed in on CCL shares. Appleton Prtn Ma invested in 64,820 shares. Cwm Limited Co owns 6,115 shares. HSBC initiated Carnival Corp (NYSE:CCL) rating on Monday, October 3.

Since April 28, 2017, it had 0 insider purchases, and 1 insider sale for $1.22 million activity. Zacks Investment Research upgraded Carnival Corporation from a "hold" rating to a "buy" rating and set a $75.00 target price for the company in a research report on Tuesday, August 1st. Therefore 62% are positive. UBS AG reissued a buy rating and issued a $76.00 price objective (up previously from $67.00) on shares of Carnival Corporation in a research report on Thursday, August 17th. The firm earned "Sector Perform" rating on Friday, April 7 by RBC Capital Markets. The stock now has an average rating of "Buy" and a consensus target price of $62.87. The firm has "Outperform" rating by William Blair given on Tuesday, March 21. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, August 10. As per Thursday, March 31, the company rating was maintained by Barclays Capital. The firm earned "Outperform" rating on Wednesday, September 23 by Credit Suisse. Deutsche Bank has "Buy" rating and $60 target. The firm has "Sell" rating given on Thursday, January 26 by Standpoint Research.

Investors sentiment decreased to 1.12 in Q2 2017. 1832 Asset Management Lp holds 0% of its portfolio in Carnival Corp (NYSE:CCL) for 500 shares. Delphi Mngmt Ma owns 35,797 shares or 1.3% of their U.S. portfolio. Stifel Nicolaus restated a "buy" rating and issued a $68.00 target price on shares of Carnival Corporation in a research report on Friday, June 16th. Therefore 0 are positive. CAT was included in 7 notes of analysts from September 7, 2016. The rating was maintained by Goldman Sachs on Wednesday, June 29 with "Neutral". The ex-dividend date was Wednesday, August 23rd. Eight equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. Wedbush reaffirmed a "neutral" rating and issued a $66.00 price target (up from $61.00) on shares of Carnival Corporation in a research report on Sunday, June 25th.

Investors sentiment increased to 2.22 in Q2 2017. Its up 0.16, from 0.64 in 2017Q1. It improved, as 22 investors sold NEWM shares while 38 reduced holdings. 4 funds opened positions while 4 raised stakes. Winfield Inc reported 0.36% stake. Sequoia Financial Advsrs Limited Liability, Ohio-based fund reported 64,628 shares. Guggenheim Capital Llc reported 283,881 shares. The New York-based Bancorp Of New York Mellon Corporation has invested 0% in New Home Company Inc (NYSE:NWHM). (NYSE:ENB), its shares were trading at $41.44 a gain of $0.13, on the trading floor. Massmutual Trust Company Fsb Adv holds 0% or 218 shares in its portfolio. Northern owns 144,687 shares or 0% of their United States portfolio. Royal Bancshares Of Canada owns 22,236 shares for 0% of their portfolio. Moreover, Citigroup Inc has 0% invested in New Media Investment Group Inc (NYSE:NEWM) for 106,658 shares. 500 are owned by First Eagle Invest Limited Liability Com. Swiss Natl Bank invested in 86,262 shares. Cornerstone Cap Mgmt Hldg Limited Liability Company invested in 227,030 shares.

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