Carnival Co. & plc (NYSE:CCL) Shares Bought by Sargent Investment Group LLC

Sargent Investment Group LLC increased its stake in shares of Carnival Co. & plc (NYSE:CCL) by 19.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,524 shares of the company’s stock after buying an additional 4,955 shares during the quarter. Sargent Investment Group LLC’s holdings in Carnival Co. & were worth $564,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CCL. Empowered Funds LLC raised its holdings in shares of Carnival Co. & by 29.4% in the 1st quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock valued at $269,000 after buying an additional 3,741 shares during the period. Robeco Institutional Asset Management B.V. purchased a new position in shares of Carnival Co. & during the 3rd quarter worth approximately $1,140,000. Commonwealth Equity Services LLC raised its stake in shares of Carnival Co. & by 1.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock worth $75,310,000 after buying an additional 39,491 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in shares of Carnival Co. & by 72.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 246,026 shares of the company’s stock worth $4,223,000 after buying an additional 103,501 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its holdings in shares of Carnival Co. & by 10.1% in the 3rd quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after acquiring an additional 24,198 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on CCL shares. Morgan Stanley increased their target price on Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a report on Tuesday, October 1st. Barclays raised their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Citigroup raised their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Macquarie lifted their target price on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Finally, Bank of America increased their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.78.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.00% of the company’s stock.

Carnival Co. & Price Performance

CCL stock traded up $0.21 during midday trading on Thursday, reaching $24.76. The stock had a trading volume of 9,038,026 shares, compared to its average volume of 29,566,268. 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’s fifty day simple moving average is $19.97 and its 200 day simple moving average is $17.52. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $24.99. The company has a market cap of $28.58 billion, a price-to-earnings ratio of 21.92 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The firm had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.82 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.86 earnings per share. As a group, sell-side analysts predict that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

About Carnival Co. &

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.