SYM FINANCIAL Corp Takes $315,000 Position in Carnival Co. & plc (NYSE:CCL)

SYM FINANCIAL Corp bought a new stake in Carnival Co. & plc (NYSE:CCL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,644 shares of the company's stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in Carnival Co. & in the 3rd quarter worth $25,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Carnival Co. & during the 4th quarter valued at about $34,000. Assetmark Inc. lifted its position in shares of Carnival Co. & by 1,431.5% during the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company's stock worth $31,000 after buying an additional 1,546 shares during the period. CVA Family Office LLC lifted its holdings in Carnival Co. & by 163.9% during the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company's stock valued at $36,000 after purchasing an additional 1,205 shares during the last quarter. Finally, Crews Bank & Trust bought a new stake in Carnival Co. & during the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays upped their price target on Carnival Co. & from $31.00 to $32.00 and gave the company an "overweight" rating in a research note on Monday, December 23rd. Citigroup raised their price objective on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Bank of America boosted their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Morgan Stanley boosted their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an "underweight" rating in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group boosted their target price on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, Carnival Co. & currently has an average rating of "Moderate Buy" and an average price target of $27.11.

Carnival Co. & Stock Up 0.5 %

Shares of CCL stock traded up $0.13 during mid-day trading on Wednesday, hitting $27.22. The company's stock had a trading volume of 13,057,631 shares, compared to its average volume of 21,214,998. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The stock has a market cap of $31.69 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 0.86 and a beta of 2.64. The business has a 50-day moving average price of $25.66 and a 200 day moving average price of $21.38. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.06. The business had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Carnival Co. &'s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.07) earnings per share. Research analysts predict that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

About Carnival Co. &

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.