Private Wealth Partners LLC Buys 100 Shares of Carnival Corp (CCL)

Carnival Corporation (NYSE:CCL) shares ended at $57.47 with 3.2 mln shares exchanging hands. The analysts offering Earnings Estimates for the company were believing that Carnival Corporation (CCL) could bring EPS of $0.35/share. Carnival Corp had a return on equity of 11.35% and a net margin of 16.96%. The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period in the prior year, the firm earned $0.39 EPS.

On 10/16/2013 Carnival Corp announced a quarterly dividend of $0.25 3.11% with an ex dividend date of 11/20/2013 which will be payable on 12/13/2013.

Media headlines about Carnival Corp (NYSE:CCL) have trended somewhat positive this week, AlphaOne reports. Stifel Nicolaus raised their target price on Carnival Corp from $65.00 to $68.00 and gave the stock a buy rating in a research note on Wednesday, March 29th. Barclays PLC boosted their target price on Carnival Corp from $56.00 to $63.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 29th. Norges Bank bought a new position in shares of Carnival Corp during the fourth quarter valued at $222,852,000. Deutsche Bank AG restated a "hold" rating and set a $50.00 price target (up from $48.00) on shares of Carnival Corp in a report on Friday, December 23rd. Finally, Instinet raised their price target on shares of Carnival Corp from $61.00 to $67.00 and gave the company a "buy" rating in a report on Wednesday, March 29th.

In other Carnival Corp news, insider Alan Buckelew sold 9,273 shares of the firm's stock in a transaction on Tuesday, January 17th. The stock gained 2.19% in total of its share price. Following the transaction, the insider now directly owns 195,128 shares in the company, valued at approximately $10,332,027.60. Also, Director Richard Glasier sold 6,000 shares of the stock in a transaction on Thursday, April 13th. They now have a United States dollars 42 price target on the stock. Following the completion of the sale, the chief executive officer now owns 599,913 shares in the company, valued at $33,523,138.44. The disclosure for this sale can be found here. Sell-side analyst recommendations point to a short term price target of $28.82 on the company shares.

Institutional investors have recently modified their holdings of the stock. Advisor Group Inc. raised its stake in Carnival Corporation by 21.0% in the third quarter. Elkfork Partners LLC bought a new stake in Carnival Corporation during the fourth quarter worth approximately $183,000.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Investec Asset Management LTD increased its position in Carnival Corp by 44.5% in the fourth quarter. For trailing twelve months, EPS value for the stock is $4.05. NCM Capital Management Group Inc. now owns 2,775 shares of the company's stock valued at $135,000 after buying an additional 250 shares during the period.

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The share price of the company (NYSE:CUK) was up +1.49%, with a high of 57.81 during the day and the volume of Carnival Corporation shares traded was 186836. The stock stands almost -4.6% off versus the 52-week high and 36.61% away from the 52-week low.

On 7/29/2013 Gerald Raymond Cahill, CEO, sold 30,000 with an average share price of $37.14 per share and the total transaction amounting to $1,114,200.00. Carnival Corp has a one year low of $42.94 and a one year high of $60.24.

Carnival Corporation (CCL) has a market capitalization of 42.35 Billion which suggests the company is a huge company further suggesting that the shares of Carnival Corporation (CCL) are stable and safe compared to the lower market capitalization companies. Investors acquired 1,108 call options on the company.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Stockholders of record on Friday, May 26th will be given a dividend of $0.40 per share.

On 1/17/2014 Carnival Corp announced a quarterly dividend of $0.25 2.42% with an ex dividend date of 2/19/2014 which will be payable on 3/14/2014. This is an increase from Carnival Corp's previous quarterly dividend of $0.35.

The stock now has its Annual Dividend of $1.4 and an annual Dividend Yield of 2.39 Percent.

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