USAdvisors Wealth Management LLC Buys Shares of 9,465 Carnival Co. & plc (NYSE:CCL)

USAdvisors Wealth Management LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,465 shares of the company's stock, valued at approximately $235,000.

A number of other large investors also recently modified their holdings of CCL. Nisa Investment Advisors LLC raised its position in Carnival Co. & by 1.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company's stock worth $4,384,000 after purchasing an additional 1,678 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its position in Carnival Co. & by 72.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company's stock valued at $53,052,000 after buying an additional 1,204,500 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in Carnival Co. & in the third quarter worth approximately $1,140,000. Commonwealth Equity Services LLC increased its holdings in shares of Carnival Co. & by 1.0% during the third quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company's stock valued at $75,310,000 after acquiring an additional 39,491 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its position in shares of Carnival Co. & by 10.1% during the third quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company's stock worth $4,892,000 after purchasing an additional 24,198 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CCL. Bank of America boosted their target price 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. Stifel Nicolaus upped their price objective on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd. Citigroup boosted their target price on Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a research note on Monday, December 23rd. Mizuho upped their price objective on Carnival Co. & from $26.00 to $32.00 and gave the company an "outperform" rating in a research note on Thursday, December 5th. Finally, The Goldman Sachs Group boosted their price target 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $27.24.

Carnival Co. & Stock Up 1.4 %

Shares of NYSE CCL traded up $0.40 during mid-day trading on Thursday, hitting $28.31. 11,161,660 shares of the stock traded hands, compared to its average volume of 21,629,646. 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 $32.96 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 0.80 and a beta of 2.64. The stock has a fifty day moving average price of $25.46 and a 200-day moving average price of $21.10. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.44.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its earnings results 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 analysts' expectations of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company's quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.07) earnings per share. Research analysts anticipate that Carnival Co. & plc will post 1.74 EPS 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.