Whalen Wealth Management Inc. raised its stake in shares of Carnival Co. & plc (NYSE:CCL – Free Report) by 92.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,163 shares of the company’s stock after purchasing an additional 11,143 shares during the period. Whalen Wealth Management Inc.’s holdings in Carnival Co. & were worth $428,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp lifted its position in Carnival Co. & by 2.6% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 565,055 shares of the company’s stock worth $9,228,000 after acquiring an additional 14,569 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Carnival Co. & by 476.9% during the first quarter. Covestor Ltd now owns 4,909 shares of the company’s stock worth $80,000 after buying an additional 4,058 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Carnival Co. & by 31.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 33,487 shares of the company’s stock valued at $547,000 after acquiring an additional 8,038 shares during the period. UniSuper Management Pty Ltd raised its stake in Carnival Co. & by 551.2% during the 1st quarter. UniSuper Management Pty Ltd now owns 68,164 shares of the company’s stock valued at $1,114,000 after purchasing an additional 57,696 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its position in shares of Carnival Co. & by 7.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 440,890 shares of the company’s stock worth $7,206,000 after acquiring an additional 28,923 shares during the period. Institutional investors own 67.19% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CCL. Stifel Nicolaus increased their price objective on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Tigress Financial increased their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Mizuho upped their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 1st. Morgan Stanley lifted their target price on shares of Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a research note on Tuesday, October 1st. Finally, Truist Financial increased their price target on Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. One investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.78.
Insider Activity at Carnival Co. &
In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was 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 of the company’s stock, valued at $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 11.00% of the stock is currently owned by insiders.
Carnival Co. & Stock Performance
Shares of Carnival Co. & stock opened at $24.51 on Tuesday. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $24.99. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $28.29 billion, a PE ratio of 21.88 and a beta of 2.66. The stock’s fifty day simple moving average is $20.48 and its 200 day simple moving average is $17.75.
Carnival Co. & (NYSE:CCL – Get Free Report) last posted its earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.82 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. Carnival Co. &’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. On average, research analysts predict that Carnival Co. & plc will post 1.33 EPS for the current year.
Carnival Co. & 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.
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