Rutabaga Capital Management Has Trimmed Its Granite Construction (GVA) Position; Crystal Rock Capital Management Decreased Carnival (CCL) Position By $4.28 Million

September 5, 2017 - By Maria Brooks

Rutabaga Capital Management Llc decreased Granite Construction Inc (GVA) stake by 20.19% reported in 2016Q4 SEC filing. Rutabaga Capital Management Llc sold 50,616 shares as Granite Construction Inc (GVA)’s stock declined 12.23%. The Rutabaga Capital Management Llc holds 200,023 shares with $11.00M value, down from 250,639 last quarter. Granite Construction Inc now has $2.20 billion valuation. The stock increased 0.45% or $0.25 on September 5, reaching $55.32. About 318,398 shares traded. Granite Construction Inc. (NYSE:GVA) has risen 16.24% since September 5, 2016 and is uptrending. It has underperformed by 0.46% the S&P500.

Crystal Rock Capital Management decreased Carnival Corp (CCL) stake by 48.1% reported in 2016Q4 SEC filing. Crystal Rock Capital Management sold 82,220 shares as Carnival Corp (CCL)’s stock rose 11.01%. The Crystal Rock Capital Management holds 88,707 shares with $4.62 million value, down from 170,927 last quarter. Carnival Corp now has $48.53 billion valuation. The stock decreased 3.12% or $2.16 during the last trading session, reaching $66.97. About 7.02M shares traded or 160.00% up from the average. Carnival Corp (NYSE:CCL) has risen 24.12% since September 5, 2016 and is uptrending. It has outperformed by 7.42% the S&P500.

Rutabaga Capital Management Llc increased Thermon Group Holdings Inc. (NYSE:THR) stake by 268,050 shares to 366,514 valued at $7.00 million in 2016Q4. It also upped Manitowoc Company Inc. (NYSE:MTW) stake by 208,550 shares and now owns 3.95 million shares. Topbuild Corp was raised too.

Since March 13, 2017, it had 1 insider purchase, and 3 sales for $1.18 million activity. On Thursday, June 15 Powell William Howard sold $148,800 worth of Granite Construction Inc. (NYSE:GVA) or 3,000 shares. $9,696 worth of stock was bought by Galloway Patricia D on Monday, May 15. Shares for $159,049 were sold by Krzeminski Laurel J. 17,442 shares were sold by Roberts James Hildebrand, worth $878,110.

Among 7 analysts covering Granite Constr (NYSE:GVA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Granite Constr had 16 analyst reports since November 24, 2015 according to SRatingsIntel. The rating was initiated by M Partners on Wednesday, June 29 with “Buy”. M Partners maintained the stock with “Buy” rating in Tuesday, August 2 report. FBR Capital upgraded the stock to “Outperform” rating in Friday, December 11 report. Stifel Nicolaus initiated the shares of GVA in report on Wednesday, December 9 with “Buy” rating. Cowen & Co maintained the shares of GVA in report on Friday, March 31 with “Outperform” rating. The company was maintained on Tuesday, August 1 by Canaccord Genuity. On Wednesday, June 14 the stock rating was maintained by Canaccord Genuity with “Buy”. Cowen & Co maintained Granite Construction Inc. (NYSE:GVA) on Wednesday, December 2 with “Outperform” rating. The rating was maintained by FBR Capital with “Outperform” on Tuesday, August 2. On Wednesday, May 3 the stock rating was maintained by FBR Capital with “Outperform”.

Investors sentiment increased to 1.4 in 2016 Q4. Its up 0.26, from 1.14 in 2016Q3. It is positive, as 11 investors sold GVA shares while 80 reduced holdings. 50 funds opened positions while 69 raised stakes. 34.58 million shares or 1.61% less from 35.14 million shares in 2016Q3 were reported. Timpani Ltd Liability Company holds 1.01% or 44,134 shares in its portfolio. Victory Cap Mngmt Inc holds 0.06% in Granite Construction Inc. (NYSE:GVA) or 402,737 shares. First State Bank Of Omaha has 20,188 shares for 0.07% of their portfolio. 6,300 are owned by Hbk Limited Partnership. State Street Corporation holds 0.01% of its portfolio in Granite Construction Inc. (NYSE:GVA) for 1.19M shares. Meeder Asset Inc holds 13,026 shares or 0.07% of its portfolio. Renaissance Limited Liability holds 184,900 shares or 0.02% of its portfolio. Greenwood Capital Associate Ltd Co holds 0.06% or 3,926 shares. Quantitative Investment Mgmt Limited Liability Corporation holds 0.1% or 74,500 shares in its portfolio. California State Teachers Retirement Systems reported 0.01% in Granite Construction Inc. (NYSE:GVA). Loomis Sayles Limited Partnership invested in 465,601 shares. 35,817 are held by Sterling Capital Mngmt Ltd Liability Corporation. Qs Ltd Liability Corp has 14,671 shares. Cls Invests Limited Liability Corp has 0% invested in Granite Construction Inc. (NYSE:GVA). Bnp Paribas Arbitrage Sa invested in 16,967 shares.

Investors sentiment decreased to 1.12 in 2016 Q4. Its down 0.03, from 1.15 in 2016Q3. It fall, as 45 investors sold CCL shares while 198 reduced holdings. 87 funds opened positions while 185 raised stakes. 421.71 million shares or 0.50% more from 419.60 million shares in 2016Q3 were reported. Fairpointe Limited Liability Co has invested 0.04% of its portfolio in Carnival Corp (NYSE:CCL). Glob X Mgmt Ltd owns 0.01% invested in Carnival Corp (NYSE:CCL) for 3,706 shares. Ameritas Invest Ptnrs Inc invested 0.03% in Carnival Corp (NYSE:CCL). Aberdeen Asset Management Public Limited Liability Uk holds 0.03% or 135,850 shares in its portfolio. Cap Fund Sa has 206,283 shares for 0.09% of their portfolio. Hightower Advsr Limited Company accumulated 113,134 shares. Joel Isaacson And Llc has 925 shares for 0.01% of their portfolio. 345 are owned by Jones Collombin Counsel. Jacobs Levy Equity Management holds 0.01% or 8,390 shares. Mirae Asset Glob Ltd stated it has 0.01% of its portfolio in Carnival Corp (NYSE:CCL). First Interstate Bancshares owns 0.18% invested in Carnival Corp (NYSE:CCL) for 17,090 shares. Illinois-based First Tru Limited Partnership has invested 0.09% in Carnival Corp (NYSE:CCL). Buckingham Capital Incorporated stated it has 152,550 shares. Hudock Capital Group Ltd Company holds 0% in Carnival Corp (NYSE:CCL) or 99 shares. Geode Cap Mngmt Limited stated it has 3.77 million shares.

Among 26 analysts covering Carnival Corporation (NYSE:CCL), 17 have Buy rating, 1 Sell and 8 Hold. Therefore 65% are positive. Carnival Corporation had 53 analyst reports since August 6, 2015 according to SRatingsIntel. Sterne Agee CRT initiated it with “Buy” rating and $60 target in Tuesday, June 7 report. The firm has “Hold” rating given on Monday, December 19 by Berenberg. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, June 29. The rating was maintained by Stifel Nicolaus on Wednesday, September 23 with “Buy”. The firm earned “Buy” rating on Thursday, March 31 by SunTrust. William Blair upgraded the stock to “Outperform” rating in Tuesday, March 21 report. The firm has “Equal Weight” rating given on Thursday, September 24 by Barclays Capital. The firm has “Buy” rating by Nomura given on Wednesday, September 23. Bernstein initiated the stock with “Outperform” rating in Friday, September 9 report. The stock of Carnival Corp (NYSE:CCL) has “Underweight” rating given on Friday, September 2 by Morgan Stanley.

Since April 28, 2017, it had 0 insider purchases, and 1 insider sale for $1.22 million activity. 19,965 Carnival Corp (NYSE:CCL) shares with value of $1.22M were sold by PARKER SIR JOHN.