Investec Asset Management LTD Holds Position in Carnival Corp (CCL)

Marco Green
December 17, 2017

Renaissance Technologies LLC now owns 88,100 shares of the company's stock valued at $4,510,000 after buying an additional 58,900 shares in the last quarter. Fagan Associates Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $257.94 billion market cap company. The stock increased 1.29% or $0.82 during the last trading session, reaching $64.28. The company now has an average rating of "Hold" and a consensus price target of GBX 5,203.33 ($70.03). First Community Corporation (NASDAQ:FCCO) has risen 43.56% since December 16, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Btr Capital Management Inc increased Fedex Corporation (FDX) stake by 23.33% reported in 2017Q2 SEC filing. Two Sigma Investments LP now owns 120,297 shares of the company's stock valued at $6,158,000 after buying an additional 79,813 shares in the last quarter. Hayek Kallen Inv Mgmt reported 1.19% of its portfolio in Carnival Corporation (NYSE:CCL). Investec Asset Management Ltd who had been investing in Carnival Corp for a number of months, seems to be bullish on the $47.43 billion market cap company. FedEx Corporation (NYSE:FDX) has risen 19.02% since December 16, 2016 and is uptrending. It has outperformed by 7.42% the S&P500. Therefore 50% are positive. Morgan Stanley downgraded the stock to "Underweight" rating in Friday, September 2 report. Robert W. Baird maintained Visa Inc. The firm earned "Buy" rating on Friday, October 13 by SunTrust. The stock has "Equal Weight" rating by Barclays Capital on Thursday, September 24. The Company's segments include North America, and Europe, Australia & Asia (EAA). The stock has "Outperform" rating by Oppenheimer on Monday, October 19.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Nomura maintained Visa Inc. On Thursday, June 8 the stock rating was maintained by Keefe Bruyette & Woods with "Buy".

Since August 17, 2017, it had 0 buys, and 1 sale for $1.07 million activity.

Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.03, from 1.15 in 2017Q1. The shares were sold at an average price of $65.57, for a total value of $327,850.00. 123 funds opened positions while 564 raised stakes. Howe And Rusling reported 53,319 shares. Commerzbank Aktiengesellschaft Fi accumulated 0.02% or 14,778 shares. Ingalls And Snyder Ltd Limited Liability Company has invested 0.09% of its portfolio in FedEx Corporation (NYSE:FDX). Cibc World Mkts holds 55,059 shares or 0.02% of its portfolio. Leuthold Group Llc acquired 23,099 shares as Carnival Corp. Fulton Breakefield Broenniman Limited Liability Co stated it has 128,482 shares. Milestone Group Inc reported 3,676 shares. Envestnet Asset Mngmt Inc invested 0.01% in Carnival Corporation (NYSE:CCL). (NYSE:V). Diligent Investors has 2.51% invested in Visa Inc. (NYSE:V). Ray Gerald L Assocs reported 136,989 shares. The company was initiated on Thursday, September 29 by Deutsche Bank. Cohen And Steers Inc owns 6.35M shares or 1.17% of their United States portfolio. Foster And Motley reported 21,751 shares. Rampart Invest Lc holds 3,180 shares or 0.25% of its portfolio.

Among 39 analysts covering Visa Inc. They expect $0.97 EPS, up 12.79% or $0.11 from last year's $0.86 per share. CCL's profit will be $366.89M for 32.33 P/E if the $0.51 EPS becomes a reality. Carnival's revenue for the quarter was up 8.2% compared to the same quarter previous year. Carnival Corp now has $47.44B valuation. Carnival Corporation has $76.0 highest and $48 lowest target.

Since October 16, 2017, it had 0 buys, and 1 sale for $6.13 million activity. Macquarie Group Limited holds 0.02% of its portfolio in Carnival Corporation (NYSE:CCL) for 126,120 shares. Therefore 63% are positive. Carnival Corporation's ROA is rolling at 6.70%, following the ROI of 9.40%. The rating was upgraded by Wolfe Research to "Outperform" on Friday, May 26. The rating was maintained by William Blair with "Buy" on Thursday, June 8. The firm has "Neutral" rating given on Thursday, March 31 by JP Morgan. HSBC has "Buy" rating and $60 target. The firm has "Add" rating given on Wednesday, September 23 by Numis Securities. The ex-dividend date of this dividend was Wednesday, November 22nd. The firm has "Neutral" rating given on Tuesday, March 29 by Goldman Sachs. The legal version of this news story can be viewed at https://weekherald.com/2017/12/16/carnival-ccl-upgraded-to-equal-weight-by-morgan-stanley.html. It also reduced its holding in Manitowoc Co Inc/The (NYSE:MTW) by 895,629 shares in the quarter, leaving it with 4.22 million shares, and cut its stake in Public Service Enterprise Grou (NYSE:PEG).

The price-to-book ratio of 1.95 for Carnival Corporation (NYSE:CCL) implies that investors are highly hopeful for the organization to create more value from the given set of assets. Its up 0.09, from 1.04 in 2017Q1. It dived, as 38 investors sold CCL shares while 225 reduced holdings. 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported. Yorktown Mgmt Research reported 24,500 shares. Paragon Management Ltd stated it has 0.32% in Carnival Corporation (NYSE:CCL). 159,096 are owned by Credit Agricole S A. American Bankshares has 0.02% invested in Carnival Corporation (NYSE:CCL) for 765 shares. After $2.29 actual earnings per share reported by Carnival Corporation for the previous quarter, Wall Street now forecasts -77.73% negative EPS growth. 112,388 are owned by Amp Capital Investors. Butensky Cohen Security Inc holds 100 shares or 0.01% of its portfolio. RMB Capital Management LLC raised its stake in Carnival Corporation by 199.5% in the fourth quarter. Trillium Asset Ltd Liability Corporation reported 0.36% stake. Moreover, Kentucky Retirement Insur Fund has 0.13% invested in Carnival Corporation (NYSE:CCL). 198 are owned by Parkside National Bank & Trust Trust. Institutional investors and hedge funds own 4.15% of the company's stock. Paragon reported 10,526 shares.

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