Beach Investment Counsel Lifted Holding in Csx Corp. (CSX) by $2.68 Million; As Carnival (CCL) Stock Declined, Texas Permanent School Fund Has Trimmed Its Holding

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Beach Investment Counsel Inc increased its stake in Csx Corp. (CSX) by 23.55% based on its latest 2018Q3 regulatory filing with the SEC. Beach Investment Counsel Inc bought 36,170 shares as the company’s stock declined 8.10% with the market. The hedge fund held 189,790 shares of the railroads company at the end of 2018Q3, valued at $14.05 million, up from 153,620 at the end of the previous reported quarter. Beach Investment Counsel Inc who had been investing in Csx Corp. for a number of months, seems to be bullish on the $55.21B market cap company. The stock increased 0.41% or $0.27 during the last trading session, reaching $65.38. About 5.79M shares traded. CSX Corporation (NYSE:CSX) has risen 21.62% since January 17, 2018 and is uptrending. It has outperformed by 21.62% the S&P500. Some Historical CSX News: 17/04/2018 – CSX’s On-Time Trains Help New CEO Foote Boost Quarterly Profit; 17/04/2018 – CSX TO ANALYZE LOWERING RATES TO GAIN UTILITY COAL BUSINESS; 17/04/2018 – CSX Corp 1Q Net $695M; 05/04/2018 – CSX FORMER CEO HARRISON HAD TOTAL COMPENSATION OF $151.1M; 17/05/2018 – ABC 7 News – WJLA: #BREAKING: HazMat response to leaking 1000 gallon propane tank shuts down Rockville Metro and CSX…; 29/05/2018 – CSX at Bernstein Strategic Decisions CEO Conference Tomorrow; 18/05/2018 – CSX Corporation Declares Quarterly Dividend; 17/04/2018 – CSX REAFFIRMS YR REV. VIEW, SEES SOLID STEP DOWN IN OPER RATIO; 15/05/2018 – CSX CFO SPEAKS ON WEBCAST OF BANK OF AMERICA CONFERENCE; 15/05/2018 – LONE PINE BOOSTED FB, MSFT, WYNN, CSX, PYPL IN 1Q: 13F

Texas Permanent School Fund decreased its stake in Carnival Corp (CCL) by 8.62% based on its latest 2018Q3 regulatory filing with the SEC. Texas Permanent School Fund sold 8,539 shares as the company’s stock declined 9.10% with the market. The institutional investor held 90,528 shares of the marine transportation company at the end of 2018Q3, valued at $5.77M, down from 99,067 at the end of the previous reported quarter. Texas Permanent School Fund who had been investing in Carnival Corp for a number of months, seems to be less bullish one the $36.57B market cap company. The stock decreased 0.36% or $0.19 during the last trading session, reaching $52.73. About 4.70M shares traded or 10.60% up from the average. Carnival Corporation (NYSE:CCL) has declined 14.85% since January 17, 2018 and is downtrending. It has underperformed by 14.85% the S&P500. Some Historical CCL News: 16/05/2018 – Carnival Cruise Line Named ‘America’s Most Trusted Cruise Line’ By Reader’s Digest For Fourth Year In A Row; 03/04/2018 – Cruise line Carnival joins the fight against Bermuda’s same-sex marriage ban; 21/03/2018 – Seabourn’s Fifth Ultra-Luxury Ship, Seabourn Ovation, Successfully Completes Final Sea Trials; 30/05/2018 – Bend Source: A Carnival with a K; 15/03/2018 – St Thomas Source: Applications Available for VI Carnival Adults’ and Children’s Parade Troupes; 05/03/2018 – World-Renowned Wine Critic James Suckling Named Holland America Line’s New Wine Curator; 18/05/2018 – Princess Cruises Releases South America 2019-2020 Cruise Vacations; 26/04/2018 – Super Bowl Champion Jake Elliott To Face Off Against Carnival Horizon Godmother Queen Latifah In Lip Sync Battle: Horizon, Part Of Ship’s Naming Ceremony; 17/04/2018 – Queen Mary 2 Guests to be First to Board the QE2 Hotel in Dubai; 24/05/2018 – Speedcast Delivers New Standard of Internet Guest Experience with Unparalleled Bandwidth to Carnival Horizon Cruise Ship

Beach Investment Counsel Inc, which manages about $1.43B and $1.02B US Long portfolio, decreased its stake in Facebook (NASDAQ:FB) by 85,084 shares to 29,093 shares, valued at $4.79 million in 2018Q3, according to the filing. It also reduced its holding in Medtronic (NYSE:MDT) by 19,500 shares in the quarter, leaving it with 172,329 shares, and cut its stake in Royal Dutch Shell.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 20 have Buy rating, 2 Sell and 9 Hold. Therefore 65% are positive. CSX Corporation had 137 analyst reports since August 13, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of CSX in report on Thursday, October 5 with “Buy” rating. The firm has “Market Perform” rating given on Monday, October 16 by Wells Fargo. The firm earned “Underweight” rating on Wednesday, April 18 by Morgan Stanley. UBS maintained it with “Neutral” rating and $25 target in Wednesday, January 13 report. The firm earned “Buy” rating on Friday, December 15 by RBC Capital Markets. The stock of CSX Corporation (NASDAQ:CSX) earned “Underperform” rating by CLSA on Thursday, May 19. The rating was maintained by UBS with “Buy” on Wednesday, January 17. Morgan Stanley downgraded CSX Corporation (NASDAQ:CSX) on Tuesday, February 23 to “Underweight” rating. The rating was upgraded by UBS to “Buy” on Wednesday, January 25. Morgan Stanley maintained CSX Corporation (NASDAQ:CSX) rating on Tuesday, October 9. Morgan Stanley has “Underweight” rating and $55 target.

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Nasdaq.com which released: “5 Must-See Earnings Charts This Week – Nasdaq” on January 15, 2019, also Fool.com with their article: “What to Watch When CSX Reports Earnings – Motley Fool” published on January 07, 2019, Nasdaq.com published: “CSX Corp. Q4 18 Earnings Conference Call At 4:30 PM ET – Nasdaq” on January 16, 2019. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Nasdaq.com and their article: “Why CSX, Union Pacific, and Norfolk Southern Fell More Than 10% in December – Nasdaq” published on January 10, 2019 as well as Streetinsider.com‘s news article titled: “After-Hours Movers 1/16: (ADMP) (PCG) (FOLD) Higher; (FUL) (CSX) (MRTX) (more…) – StreetInsider.com” with publication date: January 16, 2019.

Investors sentiment increased to 0.98 in 2018 Q3. Its up 0.11, from 0.87 in 2018Q2. It is positive, as 32 investors sold CSX shares while 327 reduced holdings. 133 funds opened positions while 219 raised stakes. 567.17 million shares or 1.60% less from 576.38 million shares in 2018Q2 were reported. has 0.26% invested in CSX Corporation (NASDAQ:CSX) for 7.52 million shares. Martingale Asset Mngmt Ltd Partnership holds 0.01% in CSX Corporation (NASDAQ:CSX) or 7,015 shares. Fdx Advsrs has invested 0.02% in CSX Corporation (NASDAQ:CSX). Panagora Asset Management holds 785,919 shares. Conning reported 0.04% of its portfolio in CSX Corporation (NASDAQ:CSX). Segall Bryant & Hamill Limited Liability Com owns 17,899 shares. Egerton Capital (Uk) Llp holds 10.62 million shares or 5.83% of its portfolio. Nine Masts Capital Limited accumulated 2,139 shares. Hbk Invs Ltd Partnership holds 0.02% of its portfolio in CSX Corporation (NASDAQ:CSX) for 24,418 shares. Cadence Bank & Trust Na owns 3,277 shares or 0.09% of their US portfolio. Hanson Doremus Investment Mngmt reported 1,053 shares. Moreover, Highland Management Limited Partnership has 0.02% invested in CSX Corporation (NASDAQ:CSX). Cap World Investors reported 29.75M shares stake. 3.20M are owned by Apg Asset Mgmt Nv. New Mexico Educational Retirement Board has invested 0.22% in CSX Corporation (NASDAQ:CSX).

Since October 1, 2018, it had 1 buying transaction, and 3 selling transactions for $69,000 activity. PEREZ ARNALDO had sold 7,000 shares worth $449,842 on Monday, October 1. DONALD ARNOLD W had bought 21,595 shares worth $1.00M.

Investors sentiment decreased to 1.24 in Q3 2018. Its down 0.12, from 1.36 in 2018Q2. It dropped, as 61 investors sold CCL shares while 203 reduced holdings. 92 funds opened positions while 235 raised stakes. 387.50 million shares or 0.15% less from 388.07 million shares in 2018Q2 were reported. Perella Weinberg Partners Capital Lp has invested 0.04% of its portfolio in Carnival Corporation (NYSE:CCL). Moreover, Retail Bank Of Nova Scotia has 0.02% invested in Carnival Corporation (NYSE:CCL) for 83,539 shares. Whittier Trust owns 145 shares for 0% of their portfolio. Moreover, Fincl Svcs Corporation has 0.01% invested in Carnival Corporation (NYSE:CCL). 460,598 were reported by Waters Parkerson Com Lc. Sandy Spring Comml Bank reported 0% stake. Commerzbank Aktiengesellschaft Fi reported 0.22% of its portfolio in Carnival Corporation (NYSE:CCL). Advisor Partners Llc stated it has 0.08% of its portfolio in Carnival Corporation (NYSE:CCL). Jpmorgan Chase And Com holds 0.01% of its portfolio in Carnival Corporation (NYSE:CCL) for 893,214 shares. Arrow Finance has invested 0.02% in Carnival Corporation (NYSE:CCL). Ally reported 5,648 shares or 0.07% of all its holdings. Thomas J Herzfeld Advsrs holds 0.44% of its portfolio in Carnival Corporation (NYSE:CCL) for 19,518 shares. Jennison Assoc Llc holds 1.52 million shares. 35,899 were reported by Iowa Comml Bank. Alliancebernstein Limited Partnership holds 0.04% of its portfolio in Carnival Corporation (NYSE:CCL) for 999,983 shares.

Analysts await Carnival Corporation (NYSE:CCL) to report earnings on March, 28. They expect $0.43 EPS, down 17.31% or $0.09 from last year’s $0.52 per share. CCL’s profit will be $298.23M for 30.66 P/E if the $0.43 EPS becomes a reality. After $0.70 actual EPS reported by Carnival Corporation for the previous quarter, Wall Street now forecasts -38.57% negative EPS growth.

Texas Permanent School Fund, which manages about $7.24B US Long portfolio, upped its stake in Molina Healthcare Inc (NYSE:MOH) by 8,206 shares to 38,861 shares, valued at $5.78 million in 2018Q3, according to the filing. It also increased its holding in Prologis Inc (NYSE:PLD) by 14,454 shares in the quarter, for a total of 141,312 shares, and has risen its stake in Select Sector Spdr Tr (XLE).

More notable recent Carnival Corporation (NYSE:CCL) news were published by: Fool.com which released: “Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Fell in December – Motley Fool” on January 07, 2019, also Seekingalpha.com with their article: “Revisiting Carnival Corporation – Seeking Alpha” published on December 27, 2018, Fool.com published: “Why Royal Caribbean Cruises Stock Just Dropped 5.5% – The Motley Fool” on December 20, 2018. More interesting news about Carnival Corporation (NYSE:CCL) were released by: Seekingalpha.com and their article: “Carnival Q4 2018 Earnings Preview – Seeking Alpha” published on December 19, 2018 as well as Seekingalpha.com‘s news article titled: “Come Sail To Profits With Carnival – Seeking Alpha” with publication date: December 30, 2018.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

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