Geneos Wealth Management Inc. Has $369,000 Stake in Carnival Co. & plc (NYSE:CCL)

Geneos Wealth Management Inc. reduced its stake in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 39.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,790 shares of the company's stock after selling 9,585 shares during the period. Geneos Wealth Management Inc.'s holdings in Carnival Co. & were worth $369,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CCL. Ashton Thomas Securities LLC acquired a new position in Carnival Co. & during the third quarter valued at approximately $25,000. Assetmark Inc. increased its holdings in Carnival Co. & by 1,431.5% in the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company's stock valued at $31,000 after purchasing an additional 1,546 shares in the last quarter. CVA Family Office LLC raised its position in Carnival Co. & by 163.9% in the third 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. Morse Asset Management Inc acquired a new position in shares of Carnival Co. & during the third quarter worth about $46,000. Finally, Avior Wealth Management LLC grew its stake in shares of 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 buying an additional 924 shares in the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Price Performance

NYSE CCL traded up $0.42 on Thursday, reaching $28.33. 7,756,286 shares of the stock traded hands, compared to its average volume of 21,457,045. The firm's fifty day simple moving average is $25.46 and its 200 day simple moving average is $21.10. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.44. The company has a market cap of $32.99 billion, a price-to-earnings ratio of 20.43, a P/E/G ratio of 0.80 and a beta of 2.64. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The company had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same quarter last year, the firm posted ($0.07) EPS. The business's revenue for the quarter was up 10.0% on a year-over-year basis. As a group, research analysts predict that Carnival Co. & plc will post 1.74 EPS for the current fiscal year.

Analyst Ratings Changes

CCL has been the subject of a number of analyst reports. Morgan Stanley upped their price target on Carnival Co. & from $20.00 to $22.00 and gave the stock an "underweight" rating in a report on Wednesday, January 8th. Sanford C. Bernstein began coverage on shares of Carnival Co. & in a research note on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 price target for the company. Mizuho raised their price objective on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. Bank of America upped their target price on shares of Carnival Co. & from $24.00 to $28.00 and gave the company a "buy" rating in a research note on Wednesday, November 13th. Finally, The Goldman Sachs Group boosted their price objective on Carnival Co. & from $24.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $27.24.

Carnival Co. & 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.