Analyzing the Financial Health of Carnival Corporation (NYSE:CCL)


The company now has a P/E ratio of 18.28 and the market cap is 48.45B. It has a 20.75 P/E ratio. The Company's divisions include Managed Care, Life Insurance, and Property and Casualty Insurance.

Highstreet Asset Management Inc. boosted its stake in Carnival Corp (NYSE:CCL) by 40.7% during the first quarter, Holdings Channel reports.

Investors are feeling more bullish on shares of Carnival Corporation of late if you look at the fall in short interest. FMR LLC now owns 226,744 shares of the company's stock worth $13,358,000 after purchasing an additional 16,719 shares in the last quarter. The stock rose 0.22% or $0.15 reaching $67.01. About 796,521 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since October 13, 2016 and is uptrending. It has outperformed by 7.42% the S&P500.

Since April 28, 2017, it had 0 buys, and 1 insider sale for $1.22 million activity. 19,965 Carnival Corp (NYSE:CCL) shares with value of $1.22M were sold by PARKER SIR JOHN. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the stock. Envestnet Asset Management Inc. increased its stake in shares of Carnival Corp by 0.4% in the first quarter. As per Wednesday, September 23, the company rating was maintained by Credit Suisse. There are brokerage firms with lower targets than the average, including one setting a price target of $48. Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, August 10 report. The firm has "Neutral" rating by Goldman Sachs given on Wednesday, June 29. Barclays PLC raised their target price on shares of Carnival Corp from $56.00 to $63.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 29th. The firm earned "Buy" rating on Monday, July 24 by Bank of America. The company was upgraded on Friday, May 26 by Wolfe Research. As per Wednesday, November 4, the company rating was maintained by Buckingham Research. The firm earned "Outperform" rating on Wednesday, November 23 by Bernstein.

Investors sentiment decreased to 1.12 in 2017 Q2. Its up 0.02, from 1 in 2017Q1. It also upped Time Warner Inc (NYSE:TWX) stake by 216,072 shares and now owns 1.40M shares.

Want to see what other hedge funds are holding CCL? 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported. Finally, Wedbush restated a "neutral" rating and issued a $66.00 price objective (up from $61.00) on shares of Carnival Corporation in a report on Sunday, June 25th. 39,196 were accumulated by Alethea Cap Mgmt Ltd. Arizona State Retirement Sys holds 0.12% or 131,036 shares in its portfolio. Global Thematic Partners Llc, a New York-based fund reported 803,815 shares. Highstreet Asset Management Inc.'s holdings in Carnival Corp were worth $955,000 as of its most recent SEC filing. CCL has a beta of 0.74 and RSI is 54.71. California Public Employees Retirement Systems holds 0% or 20,989 shares in its portfolio. 1,320 are held by Hanson Mcclain.

Carnival Corporation (NYSE:CCL) ended its day at $66.86 with the rising stream of -0.51% and its total traded volume was 2.73 million shares less than the average volume. The Business's Cruise Support segment represents certain of its port and related facilities and other services that are provided for the benefit of its cruise brands and Fathom's selling, general and administrative expenses. Capital Guardian Trust reported 900 shares. Putnam Ltd Liability Corporation holds 8,119 shares or 0% of its portfolio. Gam Holdings Ag owns 0.16% invested in Carnival Corp (NYSE:CCL) for 162,468 shares. Private Retail Bank owns 6,491 shares for 0.06% of their portfolio. The dividend payment was $0.400 per share for the quarter which is $1.60 annualized. Heartland Advisors Inc owns 634,819 shares or 0.69% of their U.S. portfolio. The institutional investor held 265,953 shares of the marine transportation company at the end of 2017Q2, valued at $17.44 million, down from 273,856 at the end of the previous reported quarter. The Colorado-based Denver Investment Advisors Llc has invested 0.95% in the stock.