Shares of Carnival Corp. (NYSE:CCL) fell 2.3% during trading on Friday . The company traded as low as $44.75 and last traded at $45.26, with a volume of 3,986,736 shares trading hands. The stock had previously closed at $46.32.

A number of brokerages recently commented on CCL. Nomura Holdings Inc. restated a “buy” rating and set a $62.00 price target on shares of Carnival Corp. in a research note on Saturday, April 2nd. Goldman Sachs Group Inc. upped their price target on shares of Carnival Corp. from $46.50 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, June 29th. Zacks Investment Research cut shares of Carnival Corp. from a “hold” rating to a “sell” rating in a research note on Friday, July 1st. Stifel Nicolaus restated a “buy” rating and set a $67.00 price target (up from $64.00) on shares of Carnival Corp. in a research note on Thursday, March 31st. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a $60.00 target price on shares of Carnival Corp. in a report on Thursday, March 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $58.00.

The company has a market capitalization of $33.76 billion and a PE ratio of 15.62. The company has a 50 day moving average of $46.51 and a 200-day moving average of $48.59.

Carnival Corp. (NYSE:CCL) last announced its quarterly earnings results on Tuesday, June 28th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.10. The business earned $3.70 billion during the quarter. The business’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 EPS. Equities analysts predict that Carnival Corp. will post $3.33 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, August 26th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Wednesday, August 24th.

Other large investors have made changes to their positions in the company. Cornerstone Capital Management Holdings LLC. boosted its stake in shares of Carnival Corp. by 4.4% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 524,897 shares of the company’s stock valued at $28,596,000 after buying an additional 22,189 shares in the last quarter. Twin Capital Management Inc. boosted its stake in shares of Carnival Corp. by 15.0% in the fourth quarter. Twin Capital Management Inc. now owns 57,150 shares of the company’s stock valued at $3,114,000 after buying an additional 7,450 shares in the last quarter. USA Financial Portformulas Corp boosted its stake in shares of Carnival Corp. by 39.8% in the fourth quarter. USA Financial Portformulas Corp now owns 78,703 shares of the company’s stock valued at $4,288,000 after buying an additional 22,424 shares in the last quarter. United Asset Strategies Inc. boosted its stake in shares of Carnival Corp. by 0.3% in the fourth quarter. United Asset Strategies Inc. now owns 109,592 shares of the company’s stock valued at $5,971,000 after buying an additional 295 shares in the last quarter. Finally, Gulf International Bank UK Ltd boosted its stake in shares of Carnival Corp. by 2.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 121,191 shares of the company’s stock valued at $6,602,000 after buying an additional 2,730 shares in the last quarter.

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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