Wesbanco Bank Inc. Has $621,000 Holdings in Carnival Co. & plc (NYSE:CCL)

Wesbanco Bank Inc. lowered its stake in shares of Carnival Co. & plc (NYSE:CCL) by 43.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,176 shares of the company’s stock after selling 25,000 shares during the period. Wesbanco Bank Inc.’s holdings in Carnival Co. & were worth $621,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CCL. Parkside Financial Bank & Trust lifted its stake in shares of Carnival Co. & by 10.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,341 shares of the company’s stock valued at $136,000 after buying an additional 689 shares in the last quarter. GAMMA Investing LLC lifted its stake in Carnival Co. & by 7.5% in the 1st quarter. GAMMA Investing LLC now owns 10,356 shares of the company’s stock worth $169,000 after purchasing an additional 726 shares in the last quarter. Texas Permanent School Fund Corp lifted its stake in Carnival Co. & by 0.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 206,795 shares of the company’s stock worth $3,379,000 after purchasing an additional 729 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in Carnival Co. & by 66.7% in the 4th quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock worth $37,000 after purchasing an additional 800 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Carnival Co. & by 1.7% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 47,049 shares of the company’s stock worth $769,000 after buying an additional 807 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Co. & Trading Up 1.0 %

CCL stock opened at $14.63 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 3.99. Carnival Co. & plc has a twelve month low of $10.84 and a twelve month high of $19.74. The stock has a market capitalization of $16.42 billion, a price-to-earnings ratio of 22.31 and a beta of 2.68. The firm’s fifty day simple moving average is $16.96 and its two-hundred day simple moving average is $16.00.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Tuesday, June 25th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. The company had revenue of $5.78 billion during the quarter, compared to analyst estimates of $5.68 billion. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.31) earnings per share. As a group, analysts anticipate that Carnival Co. & plc will post 1.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CCL shares. Morgan Stanley increased their target price on shares of Carnival Co. & from $13.50 to $15.00 and gave the company an “underweight” rating in a report on Wednesday. Truist Financial raised their target price on shares of Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. Argus raised their target price on shares of Carnival Co. & from $20.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. UBS Group raised their target price on shares of Carnival Co. & from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, May 14th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $22.00 target price on shares of Carnival Co. & in a research report on Wednesday, June 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.33.

Carnival Co. & Company 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.