Recent Institutional Activity: Jabil Inc. (JBL), Carnival Corporation (CCL)

Cheryl Sanders
December 7, 2017

It also increased its holding in Priceline Grp Inc (NASDAQ:PCLN) by 599 shares in the quarter, for a total of 680 shares, and has risen its stake in Middleby Corp (NASDAQ:MIDD).

Holland Capital Management Llc decreased Global Payments (GPN) stake by 99.72% reported in 2017Q2 SEC filing. Dodge & Cox sold 397,089 shares as Aegon Nv (AEG)'s stock declined 8.36%.

Shares of Rowan Companies plc (NYSE:RDC) traded up 2.03% in the last session while performance was up 15.06% in the last five days. About 1.26 million shares traded.

Morgan Stanley raised the shares of Carnival (NYSE:CCL) from a Underweight rating to Equal-Weight rating in a note released on Wednesday, 6 December. The rating was maintained by Credit Suisse with "Outperform" on Friday, October 7. Looking at the stock's movement on the chart, Carnival Corporation recorded a 52-week high of $69.89. The company had revenue of $5.52 billion during the quarter, compared to analysts' expectations of $5.39 billion. Also Sun-Sentinel.com published the news titled: "Carnival Cruise Line inks deal with Shell to fuel new LNG-powered ships coming ..." on November 08, 2017. Deutsche Bancshares Ag holds 400 shares or 0% of its portfolio. Therefore 63% are positive. The perception is that the lower the P/E, the higher will be the value of the stock. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Carnival Corporation had 60 analyst reports since August 6, 2015 according to SRatingsIntel. Wedbush maintained the shares of CCL in report on Wednesday, March 29 with "Neutral" rating. Buckingham Research maintained the stock with "Buy" rating in Wednesday, November 4 report. (NASDAQ:MDLZ) on Wednesday, February 15 with "Hold" rating. The stock of Carnival plc (LON:CCL) earned "Hold" rating by Jefferies on Thursday, September 17. The firm has "Outperform" rating by Bernstein given on Friday, September 9.


Despite the fact that a low P/E ratio may make a stock look like a good buy, factoring in the company's growth rate to get the stock's PEG ratio can tell a different story. The stock of Carnival Corporation (NYSE:CCL) has "Buy" rating given on Wednesday, September 23 by Nomura. The firm has "Hold" rating by Stifel Nicolaus given on Monday, October 23.

The investor is now holding $25.16 million shares due in part to a decrease of 724176 new shares in their portfolio. With the last stock price close down 1.75% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range.

Investors and traders continue to monitor technical levels of shares of Carnival Corp (CCL).

A number of other hedge funds also recently added to or reduced their stakes in the stock. 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported. Daiwa Sb Investments Limited invested in 2.93% or 163,440 shares. Over the past week, Carnival Corporation (NYSE:CCL) shares have performed 0.55%.


Analysts expect Carnival Corporation (NYSE:CCL) to report $0.51 EPS on December, 19.They anticipate $0.16 EPS change or 23.88 % from last quarter's $0.67 EPS. 12,000 are held by New England Rech & Management. Carnival Corporation has a quick ratio of 0.2 measuring its ability to meet its short term obligations with its most liquid assets.

Carnival Plc (CCL.L) now has a 14-day Commodity Channel Index (CCI) of -36.98. This is a boost from Carnival Corp's previous quarterly dividend of $0.35. Sector Pension Invest Board holds 21,896 shares or 0.01% of its portfolio. Norinchukin Bankshares The owns 57,882 shares or 0.08% of their United States portfolio. BLACKROCK INC. owned 2.8% of Carnival Corporation (CCL) worth $1.69 billion at the end of the most recent reporting period. Vanguard Group Inc. lifted its position in Carnival by 3.3% in the second quarter. (NASDAQ:MDLZ). Signature Finance Mngmt Inc holds 0.08% or 6,080 shares. It has underperformed by 21.05% the S&P500. After having $2.29 EPS previously, Carnival Corporation's analysts see -77.73 % EPS growth.

ServiceNow, Inc. (NOW) formed multiple top with $127.18 target or 8.00% above today's $117.76 share price. Boston Private Wealth Limited Liability Corporation stated it has 0.16% in Carnival Corporation (NYSE:CCL). Therefore 81% are positive. Aegon N.V. had 11 analyst reports since August 20, 2015 according to SRatingsIntel. The stock has "Buy" rating by Zacks on Monday, August 10. As per Thursday, May 26, the company rating was maintained by Morgan Stanley. (NASDAQ:FOX). Iat Reinsurance reported 189,000 shares stake.

In other news, CEO Arnold W. Donald sold 5,000 shares of Carnival stock in a transaction on Friday, November 3rd. The rating was maintained by Keefe Bruyette & Woods on Thursday, July 6 with "Hold".


The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. JP Morgan maintained it with "Neutral" rating and $58 target in Thursday, March 31 report. The stock of BorgWarner Inc.

Other reports by iNewsToday

FOLLOW OUR NEWSPAPER