AGP Franklin LLC Purchases Shares of 90,095 Carnival Co. & plc (NYSE:CCL)

AGP Franklin LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 90,095 shares of the company's stock, valued at approximately $2,245,000.

A number of other institutional investors have also recently bought and sold shares of CCL. Hartford Investment Management Co. grew its position in Carnival Co. & by 0.6% during the fourth quarter. Hartford Investment Management Co. now owns 64,231 shares of the company's stock worth $1,601,000 after buying an additional 387 shares in the last quarter. Prestige Wealth Management Group LLC grew its holdings in shares of Carnival Co. & by 23.1% during the 4th quarter. Prestige Wealth Management Group LLC now owns 2,173 shares of the company's stock worth $54,000 after purchasing an additional 408 shares in the last quarter. Avidian Wealth Enterprises LLC raised its stake in Carnival Co. & by 4.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 10,698 shares of the company's stock valued at $267,000 after purchasing an additional 468 shares in the last quarter. Sound View Wealth Advisors Group LLC grew its stake in Carnival Co. & by 3.3% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 14,917 shares of the company's stock worth $372,000 after buying an additional 475 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in Carnival Co. & by 1.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 49,108 shares of the company's stock valued at $1,224,000 after buying an additional 521 shares during the period. Institutional investors own 67.19% of the company's stock.

Carnival Co. & Trading Up 0.4 %

CCL stock traded up $0.07 during trading on Friday, hitting $17.94. The company had a trading volume of 17,695,651 shares, compared to its average volume of 26,319,856. The stock has a market cap of $20.93 billion, a PE ratio of 12.91, a PEG ratio of 0.73 and a beta of 2.42. The business has a 50-day moving average of $21.02 and a 200-day moving average of $23.08. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a one year low of $13.78 and a one year high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. Carnival Co. &'s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.14) earnings per share. Research analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on CCL. Loop Capital decreased their price objective on shares of Carnival Co. & from $25.00 to $21.00 and set a "hold" rating on the stock in a research note on Monday, March 24th. Stifel Nicolaus boosted their price target on Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a report on Monday, March 24th. Tigress Financial reaffirmed a "buy" rating on shares of Carnival Co. & in a research note on Wednesday, March 26th. Mizuho lifted their target price on Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Finally, William Blair reissued an "outperform" rating on shares of Carnival Co. & in a report on Monday, March 10th. Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $26.84.

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.