Carnival (CCL) Holding Boosted by Korea Investment Corp; Molson Coors Brewing Co. (Cl B (TAP) Holding Held by Diamond Hill Capital Management Inc

April 23, 2018 - By Marguerite Chambers

Carnival Corporation (NYSE:CCL) Logo

Ric Dillon increased its stake in Molson Coors Brewing Co. (Cl B (TAP) by 16.58% based on its latest 2017Q4 regulatory filing with the SEC. Diamond Hill Capital Management Inc bought 512,461 shares as the company’s stock declined 8.47% with the market. The hedge fund run by Ric Dillon held 3.60 million shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $295.69 million, up from 3.09M at the end of the previous reported quarter. Diamond Hill Capital Management Inc who had been investing in Molson Coors Brewing Co. (Cl B for a number of months, seems to be bullish on the $15.52 billion market cap company. The stock increased 2.17% or $1.53 during the last trading session, reaching $71.91. About 1.96 million shares traded or 4.40% up from the average. Molson Coors Brewing Company (NYSE:TAP) has declined 23.05% since April 23, 2017 and is downtrending. It has underperformed by 34.60% the S&P500.

Korea Investment Corp increased its stake in Carnival Corp (CCL) by 3.57% based on its latest 2017Q4 regulatory filing with the SEC. Korea Investment Corp bought 6,800 shares as the company’s stock declined 0.93% with the market. The institutional investor held 197,451 shares of the marine transportation company at the end of 2017Q4, valued at $13.11 million, up from 190,651 at the end of the previous reported quarter. Korea Investment Corp who had been investing in Carnival Corp for a number of months, seems to be bullish on the $47.33 billion market cap company. The stock increased 0.59% or $0.39 during the last trading session, reaching $66.27. About 3.23M shares traded. Carnival Corporation (NYSE:CCL) has risen 11.65% since April 23, 2017 and is uptrending. It has outperformed by 0.10% the S&P500.

Korea Investment Corp, which manages about $21.97B US Long portfolio, decreased its stake in Encana Corp (NYSE:ECA) by 187,908 shares to 372,213 shares, valued at $4.98M in 2017Q4, according to the filing. It also reduced its holding in Dominos Pizza Inc (NYSE:DPZ) by 3,000 shares in the quarter, leaving it with 20,904 shares, and cut its stake in Avalonbay Cmntys Inc (NYSE:AVB).

Investors sentiment increased to 1.22 in Q4 2017. 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. 31,070 were accumulated by Limited Ca. Natl Asset Management reported 4,086 shares. Retirement System Of Alabama has 0.06% invested in Carnival Corporation (NYSE:CCL) for 197,638 shares. 84,980 are held by Guardian Trust Co. Rfg Advisory Group Ltd Liability Corp has invested 0.15% in Carnival Corporation (NYSE:CCL). Kbc Nv reported 456,537 shares stake. Mufg Americas, New York-based fund reported 63,007 shares. Indexiq Advisors Lc holds 0.03% of its portfolio in Carnival Corporation (NYSE:CCL) for 13,061 shares. Covington Management holds 800 shares or 0% of its portfolio. Palouse Cap Management stated it has 70,846 shares. Amica Retiree Tru stated it has 2,731 shares or 0.14% of all its holdings. Ballentine Prtn Limited Liability Corporation holds 0.02% of its portfolio in Carnival Corporation (NYSE:CCL) for 4,535 shares. 619,773 are owned by State Board Of Administration Of Florida Retirement System. Veritable LP holds 0.02% or 18,503 shares. Alethea Cap Management Limited Liability Corporation owns 9,378 shares or 0.99% of their US portfolio.

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 Carnival Corporation (NYSE:CCL) on Thursday, June 22 with “Buy” rating. Morgan Stanley downgraded the shares of CCL in report on Friday, September 2 to “Underweight” rating. The stock has “Outperform” rating by Wolfe Research on Friday, May 26. The firm earned “Buy” rating on Thursday, September 24 by Deutsche Bank. The rating was maintained by Stifel Nicolaus on Monday, December 21 with “Buy”. The stock of Carnival Corporation (NYSE:CCL) earned “Buy” rating by Argus Research on Monday, February 27. The company was maintained on Wednesday, April 11 by Stifel Nicolaus. The rating was maintained by Susquehanna with “Buy” on Thursday, January 18. The stock has “Outperform” rating by Wells Fargo on Monday, February 12. The firm earned “Buy” rating on Sunday, March 18 by Stifel Nicolaus.

Since January 2, 2018, it had 0 insider buys, and 19 insider sales for $10.44 million activity. DONALD ARNOLD W also sold $573,278 worth of Carnival Corporation (NYSE:CCL) shares. PEREZ ARNALDO sold $716,649 worth of stock or 10,369 shares. The insider Bernstein David sold $180,934. On Tuesday, January 16 the insider BAND SIR JONATHON sold $267,226. GLASIER RICHARD also sold $288,874 worth of Carnival Corporation (NYSE:CCL) on Monday, January 22.

Diamond Hill Capital Management Inc, which manages about $12.19B and $19.96B US Long portfolio, decreased its stake in Trinity Industries Inc. (NYSE:TRN) by 112,455 shares to 1.07 million shares, valued at $40.09 million in 2017Q4, according to the filing. It also reduced its holding in Pfizer Inc. (NYSE:PFE) by 219,493 shares in the quarter, leaving it with 10.91M shares, and cut its stake in Hillenbrand Inc. (NYSE:HI).

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.07, from 1.18 in 2017Q3. It is negative, as 62 investors sold TAP shares while 138 reduced holdings. 66 funds opened positions while 156 raised stakes. 159.01 million shares or 1.37% less from 161.22 million shares in 2017Q3 were reported. Zeke Capital Lc owns 0.08% invested in Molson Coors Brewing Company (NYSE:TAP) for 9,667 shares. Ontario – Canada-based Fincl Bank Of Nova Scotia has invested 0.06% in Molson Coors Brewing Company (NYSE:TAP). Prudential Financial Inc holds 262,402 shares. Chem National Bank & Trust holds 0.02% or 2,496 shares. Bbva Compass Fincl Bank owns 0.12% invested in Molson Coors Brewing Company (NYSE:TAP) for 22,756 shares. Gulf Fincl Bank (Uk) Ltd invested 0% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Daiwa Securities Gru Incorporated owns 5,687 shares. New Jersey Better Educational Savings Trust reported 0.58% stake. Voya Mngmt Limited Liability Corp stated it has 92,441 shares or 0.02% of all its holdings. Highlander Management Limited Liability invested in 0.08% or 1,300 shares. Gargoyle Investment Advisor owns 0.71% invested in Molson Coors Brewing Company (NYSE:TAP) for 21,860 shares. Maverick Limited, Texas-based fund reported 3.73 million shares. Invesco Limited invested 0.01% in Molson Coors Brewing Company (NYSE:TAP). Moreover, Commercial Bank Of America De has 0.01% invested in Molson Coors Brewing Company (NYSE:TAP). Diamond Hill Capital owns 3.60 million shares.

Since January 16, 2018, it had 0 buys, and 2 insider sales for $4.74 million activity. COORS PETER H sold $4.73 million worth of Molson Coors Brewing Company (NYSE:TAP) on Tuesday, January 16.

Among 16 analysts covering Molson Coors Brewing Company (NYSE:TAP), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Molson Coors Brewing Company had 54 analyst reports since August 7, 2015 according to SRatingsIntel. Susquehanna maintained Molson Coors Brewing Company (NYSE:TAP) rating on Friday, June 2. Susquehanna has “Buy” rating and $11400 target. Stifel Nicolaus maintained Molson Coors Brewing Company (NYSE:TAP) rating on Monday, October 23. Stifel Nicolaus has “Buy” rating and $115.0 target. The stock has “Outperform” rating by Credit Suisse on Thursday, February 15. The rating was initiated by UBS on Monday, December 12 with “Neutral”. Bryan Garnier & Cie upgraded the shares of TAP in report on Friday, July 8 to “Buy” rating. The firm has “Neutral” rating given on Friday, April 8 by Citigroup. Susquehanna maintained Molson Coors Brewing Company (NYSE:TAP) on Wednesday, August 2 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, December 20. As per Thursday, February 8, the company rating was upgraded by Berenberg. The firm earned “Buy” rating on Friday, July 29 by Citigroup.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

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