Atlas Private Wealth Advisors Buys Shares of 9,688 Carnival Co. & plc (NYSE:CCL)

Atlas Private Wealth Advisors acquired a new position in Carnival Co. & plc (NYSE:CCL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,688 shares of the company’s stock, valued at approximately $241,000.

Several other large investors have also recently made changes to their positions in CCL. Envestnet Asset Management Inc. lifted its holdings in shares of Carnival Co. & by 49.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 240,019 shares of the company’s stock worth $4,493,000 after acquiring an additional 78,895 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of Carnival Co. & by 13.4% in the 2nd quarter. Blair William & Co. IL now owns 20,944 shares of the company’s stock worth $392,000 after acquiring an additional 2,483 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of Carnival Co. & by 46.6% in the 2nd quarter. AE Wealth Management LLC now owns 31,570 shares of the company’s stock worth $591,000 after acquiring an additional 10,034 shares during the last quarter. ProShare Advisors LLC lifted its holdings in Carnival Co. & by 4.3% during the 2nd quarter. ProShare Advisors LLC now owns 221,735 shares of the company’s stock worth $4,151,000 after buying an additional 9,211 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its holdings in Carnival Co. & by 69.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 38,764 shares of the company’s stock worth $726,000 after buying an additional 15,856 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction on 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CCL. Sanford C. Bernstein began coverage on shares of Carnival Co. & in a report on Tuesday, November 26th. They set a “market perform” rating and a $26.00 target price on the stock. Stifel Nicolaus increased their target price on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Wells Fargo & Company increased their target price on shares of Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Morgan Stanley increased their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. Finally, Mizuho increased their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $27.24.

Carnival Co. & Trading Down 0.7 %

NYSE CCL opened at $25.43 on Friday. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm’s fifty day moving average price is $25.31 and its 200 day moving average price is $20.84. The company has a market capitalization of $29.35 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 0.80 and a beta of 2.64. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $27.17.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. Carnival Co. &’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.07) EPS. On average, sell-side analysts expect that Carnival Co. & plc will post 1.74 earnings per share for the current fiscal 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.