Good Life Advisors LLC Has $528,000 Stock Holdings in Carnival Co. & plc (NYSE:CCL)

Good Life Advisors LLC cut its position in Carnival Co. & plc (NYSE:CCL - Free Report) by 52.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,205 shares of the company's stock after selling 23,791 shares during the quarter. Good Life Advisors LLC's holdings in Carnival Co. & were worth $528,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CCL. Convergence Investment Partners LLC grew its holdings in Carnival Co. & by 54.4% during the fourth quarter. Convergence Investment Partners LLC now owns 40,202 shares of the company's stock worth $1,002,000 after purchasing an additional 14,165 shares during the period. Atria Wealth Solutions Inc. lifted its position in shares of Carnival Co. & by 21.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 60,658 shares of the company's stock valued at $1,512,000 after buying an additional 10,789 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Carnival Co. & by 39.2% during the 4th quarter. Venturi Wealth Management LLC now owns 2,207 shares of the company's stock worth $55,000 after acquiring an additional 622 shares during the period. Fortis Group Advisors LLC acquired a new position in shares of Carnival Co. & during the 4th quarter worth approximately $219,000. Finally, CIBC Asset Management Inc raised its stake in Carnival Co. & by 6.8% in the 4th quarter. CIBC Asset Management Inc now owns 160,718 shares of the company's stock valued at $4,005,000 after acquiring an additional 10,271 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

CCL stock traded down $1.38 during mid-day trading on Friday, hitting $23.19. The stock had a trading volume of 31,202,401 shares, compared to its average volume of 20,760,125. The firm has a fifty day simple moving average of $25.69 and a 200 day simple moving average of $22.07. The firm has a market capitalization of $26.99 billion, a P/E ratio of 16.68, a P/E/G ratio of 0.78 and a beta of 2.64. 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 52 week low of $13.78 and a 52 week high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.06. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business had revenue of $5.94 billion for the quarter, compared to analysts' expectations of $5.94 billion. During the same period last year, the firm posted ($0.07) earnings per share. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. As a group, research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays upped their price objective on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an "overweight" rating in a report on Monday, December 23rd. Mizuho upped their price target on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an "outperform" rating in a research note on Thursday, December 5th. Bank of America raised 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. Sanford C. Bernstein started coverage on Carnival Co. & in a research report on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 target price on the stock. Finally, The Goldman Sachs Group lifted their price target on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. One investment 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. & presently has an average rating of "Moderate Buy" and an average target price of $27.11.

Carnival Co. & Company Profile

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.