Market News

As Carnival (CCL) Market Value Declined, Trinity Street Asset Management Llp Trimmed Stake; Matthew 25 Management Has Raised Its Facebook (FB) Position

Carnival Corporation (NYSE:CCL) Logo

Matthew 25 Management Corp increased its stake in Facebook Inc. (FB) by 4.86% based on its latest 2017Q4 regulatory filing with the SEC. Matthew 25 Management Corp bought 1,750 shares as the company’s stock declined 14.10% with the market. The institutional investor held 37,750 shares of the technology company at the end of 2017Q4, valued at $6.66 million, up from 36,000 at the end of the previous reported quarter. Matthew 25 Management Corp who had been investing in Facebook Inc. for a number of months, seems to be bullish on the $528.79B market cap company. The stock decreased 0.59% or $1.08 during the last trading session, reaching $182.68. About 10.38 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 20, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Trinity Street Asset Management Llp decreased its stake in Carnival Corp (CCL) by 25.54% based on its latest 2017Q4 regulatory filing with the SEC. Trinity Street Asset Management Llp sold 163,252 shares as the company’s stock declined 0.93% with the market. The institutional investor held 475,935 shares of the marine transportation company at the end of 2017Q4, valued at $31.59 million, down from 639,187 at the end of the previous reported quarter. Trinity Street Asset Management Llp who had been investing in Carnival Corp for a number of months, seems to be less bullish one the $46.31 billion market cap company. The stock increased 0.03% or $0.02 during the last trading session, reaching $64.84. About 2.63 million shares traded. Carnival Corporation (NYSE:CCL) has risen 11.65% since May 20, 2017 and is uptrending. It has outperformed by 0.10% the S&P500.

Analysts await Carnival Corporation (NYSE:CCL) to report earnings on June, 28. They expect $0.60 earnings per share, up 15.38% or $0.08 from last year’s $0.52 per share. CCL’s profit will be $428.53 million for 27.02 P/E if the $0.60 EPS becomes a reality. After $0.52 actual earnings per share reported by Carnival Corporation for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.11, from 1.11 in 2017Q3. It is positive, as 47 investors sold CCL shares while 217 reduced holdings. 78 funds opened positions while 243 raised stakes. 398.04 million shares or 0.19% less from 398.79 million shares in 2017Q3 were reported. Fukoku Mutual Life Insur holds 0.03% or 2,600 shares in its portfolio. California Public Employees Retirement Systems accumulated 0.09% or 1.02 million shares. New Jersey Better Educational Savings Trust owns 10,000 shares for 0.67% of their portfolio. Paragon Cap Limited holds 0.27% or 10,426 shares. Natl Pension Service has 0.13% invested in Carnival Corporation (NYSE:CCL). The Michigan-based Plante Moran Advsr Ltd has invested 0.03% in Carnival Corporation (NYSE:CCL). Tiger reported 7,350 shares. 74,800 are owned by Point72 Asset Management Limited Partnership. First Tru LP has invested 0.03% in Carnival Corporation (NYSE:CCL). 605 were reported by Gemmer Asset Limited Liability Com. Hartford Incorporated owns 239 shares. Srb Corp accumulated 0.02% or 2,900 shares. Moreover, Jpmorgan Chase & has 0.01% invested in Carnival Corporation (NYSE:CCL) for 515,258 shares. Whittier Tru holds 0% or 145 shares in its portfolio. London Of Virginia has 7.38 million shares.

Among 29 analysts covering Carnival Corporation (NYSE:CCL), 20 have Buy rating, 0 Sell and 9 Hold. Therefore 69% are positive. Carnival Corporation had 79 analyst reports since August 6, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, April 11 report. On Friday, September 15 the stock rating was downgraded by Credit Suisse to “Neutral”. The company was initiated on Friday, September 9 by Bernstein. The firm has “Add” rating by Numis Securities given on Wednesday, September 23. Deutsche Bank maintained Carnival Corporation (NYSE:CCL) on Monday, January 4 with “Buy” rating. Zacks downgraded the shares of CCL in report on Monday, August 10 to “Buy” rating. The firm earned “Buy” rating on Thursday, September 24 by Deutsche Bank. Berenberg downgraded Carnival Corporation (NYSE:CCL) on Monday, December 19 to “Hold” rating. Morgan Stanley upgraded the shares of CCL in report on Wednesday, December 6 to “Equal-Weight” rating. The rating was upgraded by Barclays Capital to “Overweight” on Friday, March 23.

Since January 2, 2018, it had 0 insider buys, and 20 selling transactions for $10.76 million activity. BAND SIR JONATHON sold 3,840 shares worth $267,226. $588,852 worth of Carnival Corporation (NYSE:CCL) was sold by PEREZ ARNALDO. DONALD ARNOLD W sold 5,000 shares worth $322,451. 11,000 shares were sold by Bernstein David, worth $731,454 on Thursday, January 4. Another trade for 4,234 shares valued at $288,874 was made by GLASIER RICHARD on Monday, January 22.

More news for Carnival Corporation (NYSE:CCL) were recently published by: Seekingalpha.com, which released: “Royal Caribbean: Lower Risk But Also Less Reward” on May 15, 2018. Seekingalpha.com‘s article titled: “Carnival Corp.: Caribbean Cash Flow King” and published on May 14, 2018 is yet another important article.

Trinity Street Asset Management Llp, which manages about $2.01B and $763.34M US Long portfolio, upped its stake in Stericycle Inc (NASDAQ:SRCL) by 70,044 shares to 516,966 shares, valued at $35.15M in 2017Q4, according to the filing.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 270 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Credit Suisse on Tuesday, March 20. The rating was maintained by Aegis Capital on Wednesday, November 1 with “Buy”. FBN Securities maintained it with “Buy” rating and $210.0 target in Tuesday, September 26 report. The company was maintained on Wednesday, September 27 by Needham. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, February 1 by Susquehanna. Credit Suisse maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Credit Suisse has “Outperform” rating and $145 target. The firm has “Buy” rating by Goldman Sachs given on Thursday, July 30. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, September 6 report. The firm has “Buy” rating given on Monday, April 30 by Tigress Financial. Global Equities Research maintained it with “Overweight” rating and $95 target in Friday, August 28 report.

Since December 7, 2017, it had 0 insider buys, and 54 selling transactions for $2.31 billion activity. $1.05 million worth of stock was sold by FISCHER DAVID B. on Friday, January 26. 55,000 shares were sold by Sandberg Sheryl, worth $8.57M on Monday, April 2. Zuckerberg Mark had sold 152,700 shares worth $25.44 million on Thursday, March 22. 1.26 million shares valued at $231.84M were sold by Koum Jan on Monday, May 14. $7.14M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Schroepfer Michael Todd. On Thursday, December 7 the insider Cox Christopher K sold $2.83 million.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: 247Wallst.com which released: “Facebook Reshuffles Board” on May 09, 2018, also Seekingalpha.com with their article: “Thoughts On Facebook’s Valuation After Earnings” published on April 26, 2018, Seekingalpha.com published: “Spotlight On Gambling Reset And Banking Bill” on May 19, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: 247Wallst.com and their article: “6 Most Important Things in Business Today” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “WSJ: Google sets meetings with publishers over GDPR concerns” with publication date: May 18, 2018.

Matthew 25 Management Corp, which manages about $821.26 million and $369.12 million US Long portfolio, decreased its stake in Calatlantic Group Inc. by 185,000 shares to 105,000 shares, valued at $5.92M in 2017Q4, according to the filing. It also reduced its holding in Mastercard Inc. (NYSE:MA) by 5,000 shares in the quarter, leaving it with 75,000 shares, and cut its stake in Jp Morgan Chase & Co (NYSE:JPM).

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *