Aviva PLC trimmed its position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 86.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,467 shares of the company's stock after selling 253,867 shares during the quarter. Aviva PLC's holdings in Carnival Co. & were worth $959,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hartford Investment Management Co. lifted its stake in Carnival Co. & by 0.6% in the 4th quarter. Hartford Investment Management Co. now owns 64,231 shares of the company's stock worth $1,601,000 after purchasing an additional 387 shares in the last quarter. Prestige Wealth Management Group LLC lifted its position in Carnival Co. & by 23.1% during the fourth quarter. Prestige Wealth Management Group LLC now owns 2,173 shares of the company's stock worth $54,000 after buying an additional 408 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its stake in Carnival Co. & by 4.6% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 10,698 shares of the company's stock worth $267,000 after buying an additional 468 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its holdings in Carnival Co. & by 3.3% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 14,917 shares of the company's stock valued at $372,000 after buying an additional 475 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in shares of Carnival Co. & by 1.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 49,108 shares of the company's stock worth $1,224,000 after acquiring an additional 521 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on CCL shares. Citigroup dropped their price objective on shares of Carnival Co. & from $31.00 to $30.00 and set a "buy" rating for the company in a report on Monday, March 24th. Stifel Nicolaus increased 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. Truist Financial boosted their price objective on shares of Carnival Co. & from $29.00 to $30.00 and gave the company a "hold" rating in a report on Friday, January 24th. Barclays increased their target price on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an "overweight" rating in a research note on Monday, December 23rd. Finally, Tigress Financial reissued a "buy" rating on shares of Carnival Co. & in a research note on Wednesday, March 26th. Six investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $26.84.
Read Our Latest Stock Analysis on Carnival Co. &
Carnival Co. & Stock Performance
Carnival Co. & stock traded up $0.31 during mid-day trading on Monday, reaching $17.95. 5,339,206 shares of the company were exchanged, compared to its average volume of 26,332,901. The firm's 50-day simple moving average is $21.74 and its two-hundred day simple moving average is $23.16. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. 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 firm has a market cap of $20.94 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 0.73 and a beta of 2.42.
Carnival Co. & (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.14) EPS. Equities analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.
About Carnival Co. &
(
Free Report)
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.
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