Macroview Investment Management LLC bought a new position in shares of Carnival Co. & plc (NYSE:CCL – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,175 shares of the company’s stock, valued at approximately $26,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Accurate Wealth Management LLC acquired a new stake in shares of Carnival Co. & during the fourth quarter worth $26,000. Parkside Financial Bank & Trust raised its holdings in shares of Carnival Co. & by 69.8% during the third quarter. Parkside Financial Bank & Trust now owns 4,147 shares of the company’s stock worth $29,000 after purchasing an additional 1,705 shares during the period. Spire Wealth Management raised its holdings in shares of Carnival Co. & by 58.3% during the third quarter. Spire Wealth Management now owns 4,376 shares of the company’s stock worth $31,000 after purchasing an additional 1,612 shares during the period. Heritage Wealth Management LLC acquired a new stake in shares of Carnival Co. & during the second quarter worth $46,000. Finally, Federated Hermes Inc. acquired a new stake in shares of Carnival Co. & during the third quarter worth $43,000. 49.87% of the stock is owned by institutional investors and hedge funds.
Carnival Co. & Stock Performance
NYSE CCL opened at $8.55 on Friday. Carnival Co. & plc has a 1 year low of $6.11 and a 1 year high of $21.50. The business’s fifty day moving average is $10.71 and its two-hundred day moving average is $9.53. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 4.52.
Insider Buying and Selling at Carnival Co. &
In other Carnival Co. & news, CFO David Bernstein sold 107,119 shares of the company’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $11.08, for a total value of $1,186,878.52. Following the transaction, the chief financial officer now owns 286,041 shares of the company’s stock, valued at $3,169,334.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.10% of the stock is owned by corporate insiders.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. StockNews.com initiated coverage on shares of Carnival Co. & in a report on Thursday. They set a “sell” rating on the stock. Morgan Stanley raised their price target on shares of Carnival Co. & from $6.00 to $7.00 and gave the company an “underweight” rating in a research note on Tuesday, January 10th. Wells Fargo & Company reduced their price objective on Carnival Co. & from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Thursday, December 22nd. Credit Suisse Group reduced their price objective on Carnival Co. & from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, December 22nd. Finally, UBS Group reduced their price objective on Carnival Co. & from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Monday, January 9th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $11.71.
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.
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