Carnival Corp (CCL) Shareholder Signature Estate & Investment Advisors LLC Decreased Its Holding by $16.03 Million

September 16, 2018 - By Sheila Pollock

Carnival Corporation (NYSE:CCL) LogoInvestors sentiment increased to 1.36 in 2018 Q2. Its up 0.18, from 1.18 in 2018Q1. It is positive, as 60 investors sold CCL shares while 190 reduced holdings. 81 funds opened positions while 260 raised stakes. 388.07 million shares or 1.73% less from 394.90 million shares in 2018Q1 were reported. Guardian Life Insurance Of America invested in 1,120 shares. Jennison Associate Llc reported 0.09% in Carnival Corporation (NYSE:CCL). Boston Private Wealth Ltd stated it has 0.45% of its portfolio in Carnival Corporation (NYSE:CCL). 8,896 were accumulated by Caxton Associate Lp. Strategic Global Advsrs Lc invested in 0.11% or 6,420 shares. Creative Planning stated it has 0.01% in Carnival Corporation (NYSE:CCL). Monetary Mgmt Gru has invested 0.03% in Carnival Corporation (NYSE:CCL). Naples Glob Advisors Ltd Liability Co invested 0.15% in Carnival Corporation (NYSE:CCL). Delphi Management Inc Ma accumulated 33,170 shares or 1.21% of the stock. Sib Limited Liability Corporation holds 2.22% or 55,316 shares in its portfolio. Capwealth Advsr stated it has 230,316 shares or 2.36% of all its holdings. Lodestar Invest Counsel Il holds 12,855 shares or 0.08% of its portfolio. Waddell And Reed Financial Incorporated has 0.07% invested in Carnival Corporation (NYSE:CCL) for 513,467 shares. 803 were accumulated by Tradewinds Capital Management Limited Liability Corp. Commonwealth Fincl Bank Of Australia invested in 61,122 shares or 0.03% of the stock.

Since April 2, 2018, it had 0 buys, and 4 sales for $1.40 million activity. PEREZ ARNALDO had sold 7,000 shares worth $448,101 on Monday, April 16.

Signature Estate & Investment Advisors Llc decreased its stake in Carnival Corp (CCL) by 98.75% based on its latest 2018Q2 regulatory filing with the SEC. Signature Estate & Investment Advisors Llc sold 281,210 shares as the company’s stock declined 2.04% while stock markets rallied. The institutional investor held 3,555 shares of the marine transportation company at the end of 2018Q2, valued at $204,000, down from 284,765 at the end of the previous reported quarter. Signature Estate & Investment Advisors Llc who had been investing in Carnival Corp for a number of months, seems to be less bullish one the $45.04 billion market cap company. The stock increased 1.99% or $1.25 during the last trading session, reaching $63.95. About 4.40M shares traded or 16.39% up from the average. Carnival Corporation (NYSE:CCL) has declined 8.29% since September 16, 2017 and is downtrending. It has underperformed by 23.91% the S&P500.

Signature Estate & Investment Advisors Llc, which manages about $1.06 billion US Long portfolio, upped its stake in Vanguard Tax Managed Intl Fd (VEA) by 208,763 shares to 1.63 million shares, valued at $69.96 million in 2018Q2, according to the filing.

Analysts await Carnival Corporation (NYSE:CCL) to report earnings on September, 25. They expect $2.30 earnings per share, up 0.44 % or $0.01 from last year’s $2.29 per share. CCL’s profit will be $1.62B for 6.95 P/E if the $2.30 EPS becomes a reality. After $0.68 actual earnings per share reported by Carnival Corporation for the previous quarter, Wall Street now forecasts 238.24 % EPS growth.

More news for Carnival Corporation (NYSE:CCL) were recently published by: Bizjournals.com, which released: “Ahoy! Port Canaveral OKs plan to steer in Carnival’s largest ship in 2020” on August 29, 2018. Fool.com‘s article titled: “3 Bargain Stocks You Can Buy Today” and published on September 16, 2018 is yet another important article.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 13 analysts covering Carnival Corp (NYSE:CCL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Carnival Corp had 20 analyst reports since March 18, 2018 according to SRatingsIntel. The rating was upgraded by Barclays Capital to “Overweight” on Friday, March 23. The rating was maintained by Citigroup on Wednesday, August 8 with “Buy”. Barclays Capital maintained Carnival Corporation (NYSE:CCL) rating on Wednesday, June 27. Barclays Capital has “Overweight” rating and $72 target. The company was maintained on Tuesday, June 26 by Wells Fargo. Stifel Nicolaus maintained it with “Buy” rating and $8100 target in Wednesday, April 11 report. Deutsche Bank maintained Carnival Corporation (NYSE:CCL) rating on Tuesday, June 26. Deutsche Bank has “Hold” rating and $68 target. The stock has “Hold” rating by Argus Research on Friday, July 6. Credit Suisse maintained the stock with “Buy” rating in Friday, June 15 report. The company was maintained on Tuesday, March 27 by SunTrust. The firm has “Buy” rating by Stifel Nicolaus given on Friday, May 25.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

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