Diversified Trust Co Invests $1.35 Million in Carnival Co. & plc (NYSE:CCL)

Diversified Trust Co bought a new stake in shares of Carnival Co. & plc (NYSE:CCL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 54,038 shares of the company's stock, valued at approximately $1,347,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Encompass Wealth Advisors LLC grew its stake in Carnival Co. & by 2.9% during the 3rd quarter. Encompass Wealth Advisors LLC now owns 16,079 shares of the company's stock worth $297,000 after buying an additional 451 shares during the last quarter. Metis Global Partners LLC boosted its holdings in Carnival Co. & by 2.0% in the third quarter. Metis Global Partners LLC now owns 32,393 shares of the company's stock worth $599,000 after acquiring an additional 621 shares in the last quarter. PFG Investments LLC grew its stake in shares of Carnival Co. & by 2.8% during the third quarter. PFG Investments LLC now owns 23,659 shares of the company's stock worth $437,000 after acquiring an additional 641 shares during the last quarter. Synovus Financial Corp increased its holdings in shares of Carnival Co. & by 5.5% during the third quarter. Synovus Financial Corp now owns 13,456 shares of the company's stock valued at $249,000 after acquiring an additional 700 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its position in shares of Carnival Co. & by 6.6% in the 2nd quarter. Fidelis Capital Partners LLC now owns 12,368 shares of the company's stock valued at $232,000 after purchasing an additional 764 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Price Performance

CCL traded up $0.37 during trading on Thursday, reaching $24.21. The company's stock had a trading volume of 18,526,352 shares, compared to its average volume of 21,742,129. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The firm has a fifty day simple moving average of $25.02 and a two-hundred day simple moving average of $20.33. The company has a market cap of $27.94 billion, a price-to-earnings ratio of 21.62 and a beta of 2.64. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $27.17.

Carnival Co. & (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The firm's revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.07) earnings per share. As a group, analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

CCL has been the topic of a number of research analyst reports. Truist Financial boosted their price objective on shares of Carnival Co. & from $20.00 to $29.00 and gave the company a "hold" rating in a report on Monday, December 2nd. Wells Fargo & Company boosted their price target on Carnival Co. & from $25.00 to $30.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. The Goldman Sachs Group raised their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Mizuho upped their target price on Carnival Co. & from $26.00 to $32.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. Finally, Barclays increased their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an "overweight" rating in a report on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Carnival Co. & presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.18.

Insider Activity at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Company Profile

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.