Carnival Corporation (NYSE:CCL) General Counsel Arnaldo Perez sold 10,369 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $69.11, for a total value of $716,601.59. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Arnaldo Perez also recently made the following trade(s):

  • On Thursday, December 27th, Arnaldo Perez sold 15,166 shares of Carnival stock. The shares were sold at an average price of $66.59, for a total value of $1,009,903.94.
  • On Wednesday, December 27th, Arnaldo Perez sold 15,166 shares of Carnival stock. The shares were sold at an average price of $66.59, for a total value of $1,009,903.94.

Carnival Corporation (CCL) opened at $68.52 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.18 and a quick ratio of 0.14. Carnival Corporation has a 52 week low of $52.65 and a 52 week high of $69.89. The company has a market capitalization of $37,342.41, a PE ratio of 18.24, a price-to-earnings-growth ratio of 1.18 and a beta of 0.73.

Carnival (NYSE:CCL) last issued its earnings results on Tuesday, December 19th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Carnival had a return on equity of 11.78% and a net margin of 14.88%. The firm had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $4.15 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. equities research analysts forecast that Carnival Corporation will post 4.24 EPS for the current fiscal year.

A number of brokerages have recently weighed in on CCL. Stifel Nicolaus lifted their price target on Carnival from $79.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, December 20th. Buckingham Research reiterated a “buy” rating and set a $84.00 price target (up previously from $80.00) on shares of Carnival in a report on Wednesday, December 20th. Deutsche Bank lifted their price target on Carnival to $70.00 and gave the company a “hold” rating in a report on Wednesday, December 20th. Barclays lifted their price target on Carnival from $67.00 to $73.00 and gave the company an “equal weight” rating in a report on Thursday, December 21st. Finally, Zacks Investment Research downgraded Carnival from a “hold” rating to a “sell” rating in a report on Tuesday, November 28th. Seven analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $72.78.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Grove Bank & Trust boosted its stake in shares of Carnival by 367.8% during the 3rd quarter. Grove Bank & Trust now owns 2,035 shares of the company’s stock worth $131,000 after acquiring an additional 1,600 shares in the last quarter. Smithfield Trust Co. boosted its stake in shares of Carnival by 826.2% during the 3rd quarter. Smithfield Trust Co. now owns 2,825 shares of the company’s stock worth $182,000 after acquiring an additional 2,520 shares in the last quarter. YorkBridge Wealth Partners LLC boosted its stake in shares of Carnival by 1.4% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,926 shares of the company’s stock worth $191,000 after acquiring an additional 40 shares in the last quarter. Sun Life Financial INC boosted its stake in shares of Carnival by 23,315.4% during the 2nd quarter. Sun Life Financial INC now owns 3,044 shares of the company’s stock worth $200,000 after acquiring an additional 3,031 shares in the last quarter. Finally, Nine Chapters Capital Management LLC bought a new stake in shares of Carnival during the 3rd quarter worth about $200,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

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About Carnival

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 operates in four segments: North America, EAA, Cruise Support and, Tour and Other. The Company’s North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess) and Seabourn.

Insider Buying and Selling by Quarter for Carnival (NYSE:CCL)

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