Coastline Trust Co Cut Its Praxair (PX) Holding by $342,357; Valuation Rose; Summit Securities Group Has Upped Its Carnival (CCL) Holding by $387,584; Share Price Rose

January 14, 2018 - By Winifred Garcia

Coastline Trust Co decreased its stake in Praxair Inc (PX) by 8.78% based on its latest 2017Q3 regulatory filing with the SEC. Coastline Trust Co sold 2,463 shares as the company’s stock rose 10.06% with the market. The institutional investor held 25,590 shares of the basic industries company at the end of 2017Q3, valued at $3.58 million, down from 28,053 at the end of the previous reported quarter. Coastline Trust Co who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $47.00B market cap company. The stock increased 0.21% or $0.34 during the last trading session, reaching $164.15. About 2.64 million shares traded or 58.01% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since January 14, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Summit Securities Group Llc increased its stake in Carnival Corp (CCL) by 13763.64% based on its latest 2017Q3 regulatory filing with the SEC. Summit Securities Group Llc bought 6,056 shares as the company’s stock rose 11.01% with the market. The institutional investor held 6,100 shares of the marine transportation company at the end of 2017Q3, valued at $394,000, up from 44 at the end of the previous reported quarter. Summit Securities Group Llc who had been investing in Carnival Corp for a number of months, seems to be bullish on the $50.02B market cap company. The stock increased 1.29% or $0.89 during the last trading session, reaching $69.69. About 3.24M shares traded or 10.78% up from the average. Carnival Corporation (NYSE:CCL) has risen 24.12% since January 14, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Investors sentiment decreased to 1.11 in 2017 Q3. Its down 0.01, from 1.12 in 2017Q2. It is negative, as 32 investors sold CCL shares while 232 reduced holdings. 79 funds opened positions while 214 raised stakes. 398.79 million shares or 2.41% less from 408.62 million shares in 2017Q2 were reported. Investec Asset Management reported 2.70M shares stake. The Japan-based Meiji Yasuda Asset has invested 0.14% in Carnival Corporation (NYSE:CCL). Caxton Assoc LP invested in 0.48% or 208,500 shares. Boyar Asset Management accumulated 36,703 shares. Mackenzie Financial Corp invested in 0.02% or 47,954 shares. New England & Mgmt Incorporated reported 24,550 shares. Birch Hill Inv Advisors Limited Liability Corp reported 0.79% in Carnival Corporation (NYSE:CCL). Koch Industries has 0.08% invested in Carnival Corporation (NYSE:CCL) for 5,109 shares. Korea Invest holds 190,651 shares. Old Mutual Customised Solutions (Proprietary) Limited has 7,594 shares. 25,700 are held by Kentucky Retirement Sys. 9,714 are owned by Clarivest Asset Management Ltd Co. Patten Group Inc invested in 86 shares or 0.01% of the stock. Ogorek Anthony Joseph Ny Adv holds 0.01% of its portfolio in Carnival Corporation (NYSE:CCL) for 100 shares. Jones Collombin Invest Counsel accumulated 69,220 shares or 1.52% of the stock.

Among 28 analysts covering Carnival Corporation (NYSE:CCL), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Carnival Corporation had 67 analyst reports since August 6, 2015 according to SRatingsIntel. SunTrust maintained Carnival Corporation (NYSE:CCL) rating on Tuesday, December 19. SunTrust has “Buy” rating and $84.0 target. The company was maintained on Thursday, September 24 by Deutsche Bank. On Thursday, August 10 the stock rating was maintained by Stifel Nicolaus with “Buy”. UBS maintained Carnival Corporation (NYSE:CCL) rating on Thursday, August 17. UBS has “Buy” rating and $76.0 target. Buckingham Research maintained it with “Buy” rating and $60 target in Wednesday, November 4 report. On Thursday, June 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Buy” rating by William Blair given on Thursday, June 8. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, June 7. The stock of Carnival Corporation (NYSE:CCL) earned “Outperform” rating by Wolfe Research on Friday, May 26. The stock has “Outperform” rating by William Blair on Tuesday, March 21.

Summit Securities Group Llc, which manages about $586.75 million US Long portfolio, decreased its stake in Ishares Tr (Call) (IYR) by 82 shares to 29 shares, valued at $232,000 in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (Call) (NASDAQ:AAPL) by 165 shares in the quarter, leaving it with 378 shares, and cut its stake in American Tower Corp New (Put) (NYSE:AMT).

Since October 16, 2017, it had 0 insider purchases, and 4 sales for $7.40 million activity. Bernstein David also sold $731,454 worth of Carnival Corporation (NYSE:CCL) shares.

Analysts await Praxair, Inc. (NYSE:PX) to report earnings on January, 25. They expect $1.48 EPS, up 4.96% or $0.07 from last year’s $1.41 per share. PX’s profit will be $423.73M for 27.73 P/E if the $1.48 EPS becomes a reality. After $1.50 actual EPS reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts -1.33% negative EPS growth.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.18, from 0.9 in 2017Q2. It increased, as 39 investors sold PX shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Fort Washington Investment Oh holds 61,304 shares or 0.13% of its portfolio. Integral Derivatives Ltd Liability Company accumulated 23,766 shares. Meristem Llp has 1,588 shares for 0.09% of their portfolio. State Street Corp accumulated 13.12 million shares. Spectrum Gp Inc Inc reported 7 shares. Williams Jones Associate Ltd Liability Company has invested 0.01% in Praxair, Inc. (NYSE:PX). Oarsman holds 0.22% or 3,728 shares. Paradigm Asset Mgmt Communication Ltd accumulated 0.79% or 21,710 shares. State Treasurer State Of Michigan stated it has 0.1% of its portfolio in Praxair, Inc. (NYSE:PX). Oregon Pub Employees Retirement Fund holds 0.07% of its portfolio in Praxair, Inc. (NYSE:PX) for 30,000 shares. Next Financial Grp Inc Inc has invested 0.01% in Praxair, Inc. (NYSE:PX). Horizon Kinetics Limited Liability has 1,485 shares for 0.01% of their portfolio. Mutual Of America Cap Limited Liability Company has 0.08% invested in Praxair, Inc. (NYSE:PX) for 35,009 shares. State Of New Jersey Common Pension Fund D owns 0.02% invested in Praxair, Inc. (NYSE:PX) for 27,000 shares. Endurance Wealth Mngmt Inc invested in 655 shares or 0.02% of the stock.

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