Carnival Co. & plc (NYSE:CCL) Shares Bought by Czech National Bank

Czech National Bank lifted its position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 225,262 shares of the company's stock after buying an additional 19,472 shares during the period. Czech National Bank's holdings in Carnival Co. & were worth $5,614,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in Carnival Co. & during the third quarter valued at approximately $25,000. Assetmark Inc. lifted its holdings 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 valued at $31,000 after acquiring an additional 1,546 shares in the last quarter. CVA Family Office LLC boosted its position in Carnival Co. & by 163.9% during the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company's stock worth $36,000 after purchasing an additional 1,205 shares during the period. Morse Asset Management Inc acquired a new stake in Carnival Co. & in the 3rd quarter valued at $46,000. Finally, Avior Wealth Management LLC raised its position in Carnival Co. & by 50.7% in the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company's stock valued at $51,000 after purchasing an additional 924 shares during the period. 67.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Sir Jonathon Band sold 17,500 shares of the firm's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 11.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on CCL. Citigroup increased their target price on Carnival Co. & from $30.00 to $31.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Mizuho boosted their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an "outperform" rating in a research report on Thursday, December 5th. Barclays raised their price target 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. The Goldman Sachs Group boosted their price objective on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Finally, Stifel Nicolaus raised their target price on Carnival Co. & from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $27.18.

Carnival Co. & Price Performance

Shares of CCL stock traded up $0.11 during midday trading on Thursday, reaching $25.05. 14,675,162 shares of the company were exchanged, compared to its average volume of 20,434,576. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $27.17. 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 company has a market cap of $28.92 billion, a P/E ratio of 18.02, a PEG ratio of 0.77 and a beta of 2.64. The company's 50 day moving average price is $25.16 and its two-hundred day moving average price is $20.52.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its quarterly earnings results 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 return on equity of 24.13% and a net margin of 7.66%. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same period last year, the company posted ($0.07) EPS. The firm's quarterly revenue was up 10.0% on a year-over-year basis. On average, sell-side analysts expect that Carnival Co. & plc will post 1.74 earnings per share for the current year.

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.