Integrated Investment Consultants LLC Buys New Position in Carnival Co. & plc (NYSE:CCL)

Integrated Investment Consultants LLC purchased a new position in Carnival Co. & plc (NYSE:CCL) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 144,868 shares of the company’s stock, valued at approximately $2,677,000.

A number of other large investors have also modified their holdings of CCL. Ashton Thomas Securities LLC purchased a new position in shares of Carnival Co. & in the 3rd quarter valued at approximately $25,000. Family Firm Inc. purchased a new position in shares of Carnival Co. & in the second quarter worth $26,000. Hantz Financial Services Inc. acquired a new stake in shares of Carnival Co. & during the second quarter worth $30,000. Assetmark Inc. increased its position in shares of 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 acquiring an additional 1,546 shares during the period. Finally, CVA Family Office LLC lifted its position in Carnival Co. & by 163.9% during the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after acquiring an additional 1,205 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.00% of the stock is owned by insiders.

Carnival Co. & Trading Down 0.2 %

NYSE:CCL opened at $25.09 on Thursday. The stock has a fifty day moving average price of $20.83 and a 200 day moving average price of $17.87. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $25.45. The firm has a market cap of $28.96 billion, a PE ratio of 22.40 and a beta of 2.66.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CCL shares. Stifel Nicolaus boosted their target price on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. upped their price objective on Carnival Co. & from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 24th. Mizuho lifted their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Tuesday, October 1st. Barclays lifted their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Finally, Tigress Financial lifted their price target on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $23.78.

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.