AT Bancorp acquired a new position in shares of Carnival Corp. (NYSE:CCL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,962 shares of the company’s stock, valued at approximately $1,561,000.

Other institutional investors have also recently bought and sold shares of the company. Capital Analysts LLC boosted its position in Carnival Corp. by 3.7% in the second quarter. Capital Analysts LLC now owns 3,316 shares of the company’s stock worth $147,000 after buying an additional 118 shares during the last quarter. Hall Laurie J Trustee boosted its position in Carnival Corp. by 6.9% in the second quarter. Hall Laurie J Trustee now owns 3,550 shares of the company’s stock worth $162,000 after buying an additional 230 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Carnival Corp. by 4.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,109 shares of the company’s stock worth $182,000 after buying an additional 162 shares during the last quarter. Intrust Bank NA purchased a new position in Carnival Corp. during the second quarter worth $202,000. Finally, LSV Asset Management purchased a new position in Carnival Corp. during the second quarter worth $217,000. 77.18% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Carnival Corp. (NYSE:CCL)

Carnival Corp. (NYSE:CCL) traded down 0.93% on Monday, hitting $52.06. 2,338,277 shares of the stock traded hands. The stock has a market cap of $38.00 billion, a P/E ratio of 16.19 and a beta of 0.66. Carnival Corp. has a 12-month low of $40.52 and a 12-month high of $55.77. The stock has a 50-day moving average price of $48.83 and a 200 day moving average price of $47.40.

Carnival Corp. (NYSE:CCL) last issued its earnings results on Monday, September 26th. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.03. Carnival Corp. had a net margin of 15.10% and a return on equity of 10.76%. The business had revenue of $5.10 billion for the quarter. During the same quarter last year, the firm posted $1.75 earnings per share. Carnival Corp.’s revenue was up 4.4% on a year-over-year basis. On average, equities analysts expect that Carnival Corp. will post $3.36 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, November 25th will be given a dividend of $0.35 per share. The ex-dividend date is Tuesday, November 22nd. This represents a $1.40 annualized dividend and a dividend yield of 2.69%. Carnival Corp.’s dividend payout ratio (DPR) is currently 42.94%.

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A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $46.00 price objective (down from $58.00) on shares of Carnival Corp. in a research report on Thursday, October 27th. SunTrust Banks Inc. set a $54.00 price objective on shares of Carnival Corp. and gave the company a “buy” rating in a research report on Wednesday, October 19th. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 price target on shares of Carnival Corp. in a research report on Tuesday, September 27th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of Carnival Corp. in a research report on Wednesday, September 28th. Finally, Sanford C. Bernstein assumed coverage on shares of Carnival Corp. in a research report on Thursday, September 8th. They set a “market perform” rating and a $51.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. Carnival Corp. currently has a consensus rating of “Buy” and a consensus target price of $55.64.

In related news, CFO David Bernstein sold 4,030 shares of Carnival Corp. stock in a transaction dated Tuesday, October 4th. The shares were sold at an average price of $49.18, for a total transaction of $198,195.40. Following the completion of the transaction, the chief financial officer now directly owns 47,256 shares of the company’s stock, valued at approximately $2,324,050.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Arnold W. Donald sold 91,813 shares of Carnival Corp. stock in a transaction dated Tuesday, October 18th. The shares were sold at an average price of $46.67, for a total transaction of $4,284,912.71. The disclosure for this sale can be found here. Insiders own 22.00% of the company’s stock.

About Carnival Corp.

Carnival Corporation is a leisure travel company. The Company is a cruise company and provides vacations to cruise destinations throughout the world. The Company aggregates its approximately nine global, regional and national cruise brands into North America, and Europe, Australia & Asia (EAA) segments.

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