Arnaldo Perez Sells 10,369 Shares of Carnival Corporation (CCL) Stock
Carnival Corporation (NYSE:CCL) General Counsel Arnaldo Perez sold 10,369 shares of Carnival stock in a transaction on Friday, January 12th. The shares were sold at an average price of $69.11, for a total transaction of $716,601.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction 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 transaction of $1,009,903.94.
Carnival Corporation (CCL) traded down $1.17 during trading on Tuesday, reaching $68.52. 3,664,020 shares of the company traded hands, compared to its average volume of 3,077,440. Carnival Corporation has a 12-month low of $52.65 and a 12-month high of $69.89. The stock has a market cap of $49,090.00, a P/E ratio of 19.09, a price-to-earnings-growth ratio of 1.18 and a beta of 0.73. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.18 and a quick ratio of 0.14.
A number of equities analysts have weighed in on the stock. Credit Suisse Group upgraded shares of Carnival from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $66.05 to $70.00 in a report on Tuesday, January 9th. ValuEngine upgraded shares of Carnival from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Tigress Financial reiterated a “buy” rating on shares of Carnival in a report on Friday, December 22nd. Barclays lifted their price target on shares of Carnival from $67.00 to $73.00 and gave the company an “equal weight” rating in a report on Thursday, December 21st. Finally, Deutsche Bank lifted their price target on shares of Carnival to $70.00 and gave the company a “hold” rating in a report on Wednesday, December 20th. Seven equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. Carnival has a consensus rating of “Buy” and an average target price of $72.78.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its position in shares of Carnival by 2,540.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 263,997 shares of the company’s stock worth $17,046,000 after purchasing an additional 253,997 shares during the last quarter. New England Research & Management Inc. increased its position in shares of Carnival by 104.6% in the 3rd quarter. New England Research & Management Inc. now owns 24,550 shares of the company’s stock worth $1,585,000 after purchasing an additional 12,550 shares during the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of Carnival in the 3rd quarter worth about $12,791,000. Mackenzie Financial Corp bought a new stake in shares of Carnival in the 3rd quarter worth about $3,096,000. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Carnival by 42.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,138,032 shares of the company’s stock worth $138,054,000 after purchasing an additional 641,103 shares during the last quarter. 75.91% of the stock is owned by institutional investors.
Carnival Company Profile
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.
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