Carnival Co. & plc (NYSE:CCL) Shares Sold by Amalgamated Bank

Amalgamated Bank lowered its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 34.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 197,903 shares of the company's stock after selling 104,587 shares during the quarter. Amalgamated Bank's holdings in Carnival Co. & were worth $3,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Family Firm Inc. purchased a new stake in Carnival Co. & in the second quarter valued at $26,000. Hantz Financial Services Inc. purchased a new stake in shares of Carnival Co. & in the 2nd quarter valued at about $30,000. CVA Family Office LLC boosted its position in shares of Carnival Co. & by 163.9% in 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 period. Gilliland Jeter Wealth Management LLC purchased a new position in Carnival Co. & during the 2nd quarter worth approximately $37,000. Finally, ORG Partners LLC acquired a new position in Carnival Co. & during the second quarter worth approximately $37,000. Institutional investors and hedge funds own 67.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CCL. Barclays raised their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. upped their target price on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an "overweight" rating in a report on Wednesday, July 24th. Macquarie increased their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. Mizuho upped their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Tuesday, October 1st. Finally, Hsbc Global Res upgraded Carnival Co. & to a "moderate sell" rating in a research note on Tuesday, September 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.53.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the sale, the director now owns 65,789 shares of the company's stock, valued at approximately $1,428,937.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.00% of the stock is currently owned by company insiders.

Carnival Co. & Price Performance

Shares of NYSE:CCL traded up $0.39 on Friday, reaching $24.07. 18,979,455 shares of the company were exchanged, compared to its average volume of 25,504,870. The company has a 50-day moving average of $19.48 and a 200-day moving average of $17.33. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The firm has a market cap of $27.78 billion, a price-to-earnings ratio of 21.49 and a beta of 2.66. Carnival Co. & plc has a 1-year low of $12.23 and a 1-year high of $24.41.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The company had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.82 billion. During the same period in the prior year, the business posted $0.86 earnings per share. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. Equities analysts forecast that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.