Carnival Co. & plc (NYSE:CCL) Director Sir Jonathon Band Sells 17,500 Shares

Carnival Co. & plc (NYSE:CCLGet Free Report) Director Sir Jonathon Band sold 17,500 shares of the company’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 $1,428,937.08. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Carnival Co. & Trading Up 0.6 %

NYSE CCL traded up $0.13 during trading hours on Thursday, hitting $22.29. The company’s stock had a trading volume of 15,883,981 shares, compared to its average volume of 29,868,297. Carnival Co. & plc has a twelve month low of $11.10 and a twelve month high of $23.05. 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 market capitalization of $25.73 billion, a P/E ratio of 19.79 and a beta of 2.69. The stock has a fifty day moving average of $18.58 and a 200 day moving average of $16.90.

Carnival Co. & (NYSE:CCLGet Free Report) last released its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The business had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.82 billion. During the same period last year, the firm posted $0.86 earnings per share. Carnival Co. &’s revenue was up 15.2% compared to the same quarter last year. Equities research analysts forecast that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Carnival Co. &

Institutional investors have recently added to or reduced their stakes in the business. Family Firm Inc. bought a new position in shares of Carnival Co. & during the second quarter valued at approximately $26,000. Hantz Financial Services Inc. purchased a new stake in Carnival Co. & during the 2nd quarter valued at $30,000. BNP Paribas purchased a new position in shares of Carnival Co. & in the first quarter worth approximately $32,000. CVA Family Office LLC raised its stake in shares of Carnival Co. & by 163.9% in the third quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after buying an additional 1,205 shares during the period. Finally, ORG Partners LLC bought a new stake in Carnival Co. & during the second quarter valued at about $37,000. 67.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CCL has been the subject of several recent research reports. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a report on Tuesday, September 3rd. Truist Financial upped their price target on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a report on Tuesday, July 23rd. Macquarie lifted their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Barclays upped their price objective on Carnival Co. & from $25.00 to $26.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Finally, Tigress Financial upped their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.53.

View Our Latest Report on CCL

About Carnival Co. &

(Get Free Report)

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.

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