OneDigital Investment Advisors LLC Sells 38,997 Shares of Carnival Co. & plc (NYSE:CCL)

OneDigital Investment Advisors LLC reduced its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 71.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,487 shares of the company's stock after selling 38,997 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Carnival Co. & were worth $386,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CCL. Stifel Financial Corp boosted its stake in Carnival Co. & by 1.3% in the fourth quarter. Stifel Financial Corp now owns 781,608 shares of the company's stock worth $19,478,000 after purchasing an additional 9,709 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of Carnival Co. & by 15.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 439,488 shares of the company's stock valued at $10,952,000 after buying an additional 57,182 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Carnival Co. & by 47.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 88,438 shares of the company's stock worth $2,204,000 after buying an additional 28,325 shares in the last quarter. Transce3nd LLC bought a new stake in Carnival Co. & during the 4th quarter worth about $47,000. Finally, MML Investors Services LLC increased its position in Carnival Co. & by 139.7% in the 4th quarter. MML Investors Services LLC now owns 207,679 shares of the company's stock valued at $5,175,000 after acquiring an additional 121,045 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Tigress Financial reiterated a "buy" rating on shares of Carnival Co. & in a research report on Wednesday, March 26th. Barclays decreased their price objective on Carnival Co. & from $32.00 to $26.00 and set an "overweight" rating on the stock in a research report on Tuesday. William Blair restated an "outperform" rating on shares of Carnival Co. & in a research report on Monday, March 10th. BNP Paribas began coverage on Carnival Co. & in a report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 price target on the stock. Finally, Truist Financial boosted their price objective on Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a report on Friday, January 24th. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.53.

Carnival Co. & Stock Up 2.8 %

NYSE CCL traded up $0.50 during trading hours on Wednesday, hitting $18.48. 21,568,576 shares of the company traded hands, compared to its average volume of 26,247,815. The stock has a market capitalization of $21.56 billion, a price-to-earnings ratio of 13.30, a P/E/G ratio of 0.73 and a beta of 2.42. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. The business's 50-day moving average is $20.54 and its 200-day moving average is $23.11. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.14) earnings per share. Sell-side analysts anticipate that Carnival Co. & plc will post 1.77 earnings per share for the current year.

About Carnival Co. &

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.