Kovack Advisors Inc. Buys 2,078 Shares of Carnival Co. & plc (NYSE:CCL)

Kovack Advisors Inc. grew its position in Carnival Co. & plc (NYSE:CCL) by 18.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,377 shares of the company’s stock after purchasing an additional 2,078 shares during the quarter. Kovack Advisors Inc.’s holdings in Carnival Co. & were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in Carnival Co. & during the 3rd quarter worth $25,000. Family Firm Inc. acquired a new position in shares of Carnival Co. & during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. bought a new stake in Carnival Co. & during the 2nd quarter valued at approximately $30,000. Assetmark Inc. grew its holdings in 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 last quarter. Finally, CVA Family Office LLC increased its position in Carnival Co. & by 163.9% in the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after buying an additional 1,205 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CCL has been the topic of several research analyst reports. Truist Financial raised their price objective on shares of Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, July 23rd. Mizuho increased their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday, October 1st. Stifel Nicolaus boosted their price target on Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. raised their price objective on Carnival Co. & from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 24th. Finally, Hsbc Global Res raised Carnival Co. & to a “moderate sell” rating in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, Carnival Co. & presently has an average rating of “Moderate Buy” and a consensus target price of $23.78.

Carnival Co. & Stock Down 0.1 %

Shares of NYSE CCL opened at $24.29 on Friday. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $24.99. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The business has a fifty day moving average of $20.14 and a two-hundred day moving average of $17.57. The stock has a market cap of $28.03 billion, a PE ratio of 21.69 and a beta of 2.66.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.82 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the firm posted $0.86 EPS. As a group, equities research analysts expect that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

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.