8,572 Shares in Carnival Co. & plc (NYSE:CCL) Bought by Ballentine Partners LLC

Ballentine Partners LLC bought a new position in shares of Carnival Co. & plc (NYSE:CCL) during the fourth quarter, HoldingsChannel.com reports. The firm bought 8,572 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors also recently modified their holdings of CCL. Ashton Thomas Securities LLC acquired a new position in Carnival Co. & during the third quarter valued at approximately $25,000. Assetmark Inc. grew its holdings 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 buying an additional 1,546 shares during the period. CVA Family Office LLC increased its position in shares of Carnival Co. & by 163.9% in the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock valued at $36,000 after buying an additional 1,205 shares in the last quarter. Morse Asset Management Inc bought a new position in Carnival Co. & during the third quarter worth about $46,000. Finally, Avior Wealth Management LLC grew its stake in Carnival Co. & by 50.7% in the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company’s stock valued at $51,000 after acquiring an additional 924 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CCL has been the topic of several recent analyst reports. Mizuho lifted their price objective on Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Macquarie upped their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Truist Financial raised their price objective on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday. Wells Fargo & Company increased their target price on Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Finally, Bank of America boosted their price target on Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.24.

Carnival Co. & Stock Performance

Shares of CCL opened at $25.43 on Friday. The company has a market cap of $29.35 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 0.80 and a beta of 2.64. The firm has a 50-day moving average of $25.33 and a 200-day moving average of $20.89. Carnival Co. & plc has a one year low of $13.78 and a one year high of $27.17. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25.

Carnival Co. & (NYSE:CCL) last posted its quarterly 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 business had revenue of $5.94 billion during 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%. Carnival Co. &’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.07) earnings per share. As a group, equities analysts forecast that Carnival Co. & plc will post 1.74 earnings per share for the current year.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’s stock in a transaction that occurred 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 directly owns 65,789 shares in the company, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 11.00% of the stock is currently owned by corporate insiders.

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.