Carnival Corporation (NYSE:CCL) is expected to pay $0.35 on Dec 16, 2016. The indicated annual dividend is $1.40. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Carnival Corporation’s current price of $51.50, the dividend is 0.68%. This dividend’s record date is Nov 25, 2016 and the announcement date is Oct 20, 2016. The stock closed at $51.5 during the last session. It is down 1.78% since April 19, 2016 and is uptrending. It has underperformed by 2.08% the S&P500.
Carnival Corporation is a leisure travel company. The company has a market cap of $37.78 billion. The Firm is a cruise firm and provides vacations to cruise destinations throughout the world. It has a 15.78 P/E ratio. The Firm aggregates its approximately nine global, regional and national cruise brands into North America, and Europe, Australia & Asia divisions.
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.05, from 0.95 in 2016Q1. The ratio worsened, as 55 funds sold all Carnival Corp shares owned while 199 reduced positions. 53 funds bought stakes while 188 increased positions. They now own 409.94 million shares or 6.26% less from 437.31 million shares in 2016Q1.
Commonwealth Equity has 0.01% invested in the company for 19,632 shares. Nationwide Fund Advisors has 753,095 shares for 0.14% of their US portfolio. City has 0% invested in the company for 141 shares. Nomura Asset Company Limited accumulated 52,731 shares or 0.04% of the stock. Martingale Asset Management Limited Partnership holds 0.1% or 131,914 shares in its portfolio. Smith Asset Gru Lp last reported 0% of its portfolio in the stock. Moreover, First Republic Investment Mngmt has 0.01% invested in Carnival Corp (NYSE:CCL) for 19,864 shares. United Capital Financial Advisers Limited Liability Corp holds 39,550 shares or 0.02% of its portfolio. Sumitomo Life Insur owns 26,997 shares or 0.16% of their US portfolio. Tudor Investment Et Al has 64,778 shares for 0.06% of their US portfolio. Geode Cap Management Ltd has invested 0.09% of its portfolio in Carnival Corp (NYSE:CCL). Kcg has invested 0.1% of its portfolio in Carnival Corp (NYSE:CCL). The New York-based Sib Limited Liability Corp has invested 2.09% in Carnival Corp (NYSE:CCL). Reilly Advsr Ltd Co reported 200 shares or 0% of all its holdings. Panagora Asset reported 65,595 shares or 0.01% of all its holdings.
Insider Transactions: Since October 3, 2016, the stock had 0 insider buys, and 2 sales for $4.48 million net activity. 91,813 Carnival Corp (NYSE:CCL) shares with value of $4.29M were sold by DONALD ARNOLD W. 4,030 Carnival Corp (NYSE:CCL) shares with value of $198,213 were sold by Bernstein David.
Carnival Corp (NYSE:CCL) Ratings Coverage
Out of 20 analysts covering Carnival Corporation (NYSE:CCL), 12 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 60% are positive. Carnival Corporation has been the topic of 35 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Credit Suisse on Wednesday, September 23. The rating was maintained by JP Morgan on Thursday, March 31 with “Neutral”. The stock of Carnival Corp (NYSE:CCL) has “Buy” rating given on Monday, January 4 by Deutsche Bank. The firm earned “Add” rating on Wednesday, September 23 by Numis Securities. The rating was maintained by Stifel Nicolaus on Wednesday, September 23 with “Buy”. The stock of Carnival Corp (NYSE:CCL) has “Equal Weight” rating given on Thursday, September 24 by Barclays Capital. Wolfe Research initiated the shares of CCL in a report on Wednesday, November 18 with “Peer Perform” rating. Barclays Capital maintained the shares of CCL in a report on Thursday, March 31 with “Equal-Weight” rating. The rating was initiated by HSBC with “Buy” on Wednesday, November 25. The company was maintained on Monday, December 21 by Stifel Nicolaus.
More recent Carnival Corp (NYSE:CCL) news were published by: Latimes.com which released: “Carnival Corp. to screen cruise passengers through Interpol” on November 08, 2016. Also Miamiherald.com published the news titled: “Carnival Corp.’s Arnold Donald appointed chair of Cruise Lines International …” on November 14, 2016. Prnewswire.com‘s news article titled: “Carnival Corporation to Expand the Fathom Experience to Additional Company …” with publication date: November 02, 2016 was also an interesting one.
CCL Company Profile
Carnival Corporation, incorporated on November 21, 1974, is a leisure travel company. The Firm is a cruise firm and provides vacations to cruise destinations throughout the world. The Firm aggregates its approximately nine global, regional and national cruise brands into North America, and Europe, Australia & Asia (EAA) divisions. The North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn cruise brands. The EAA segment includes Costa Cruises, AIDA Cruises, P&O Cruises (UK), P&O Cruises (Australia) and Cunard cruise brands. The Company’s Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands; Puerto Plata, Dominican Republic, and Roatan, Honduras. The Cruise Support segment also includes other services that are provided for the benefit of all its cruise brands. The Tour and Other segment includes Holland America Princess Alaska Tours, a tour firm in Alaska and the Canadian Yukon, and approximately three cruise ships, the former Costa Celebration, Costa Europa and Grand Holiday, which it owns and charters-out under long-term leases. The Company’s tour firm owns and operates approximately 10 hotels or lodges, over 300 motorcoaches and approximately 20 glass-domed railcars.
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