Carnival Co. & plc (NYSE:CCL) Shares Bought by JCIC Asset Management Inc.

JCIC Asset Management Inc. grew its position in Carnival Co. & plc (NYSE:CCL) by 31.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 8,598 shares of the company’s stock after acquiring an additional 2,080 shares during the quarter. JCIC Asset Management Inc.’s holdings in Carnival Co. & were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CCL. Vaughan Nelson Investment Management L.P. lifted its position in Carnival Co. & by 72.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock worth $53,052,000 after acquiring an additional 1,204,500 shares during the period. Robeco Institutional Asset Management B.V. purchased a new stake in Carnival Co. & during the third quarter worth about $1,140,000. Commonwealth Equity Services LLC grew its holdings in shares of Carnival Co. & by 1.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock worth $75,310,000 after acquiring an additional 39,491 shares during the period. Wedge Capital Management L L P NC boosted its position 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 buying an additional 24,198 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Carnival Co. & by 181.7% in the third quarter. Cerity Partners LLC now owns 123,815 shares of the company’s stock valued at $2,288,000 after purchasing an additional 79,857 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company’s 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 transaction, the director now owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Macquarie raised their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Barclays lifted their price objective on Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Mizuho upped their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Citigroup upped their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Finally, Tigress Financial increased their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 7th. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $27.18.

Carnival Co. & Stock Performance

NYSE CCL traded down $0.44 on Monday, hitting $23.83. The stock had a trading volume of 10,293,293 shares, compared to its average volume of 19,904,664. The company’s 50-day moving average is $25.06 and its two-hundred day moving average is $20.41. The stock has a market cap of $27.50 billion, a price-to-earnings ratio of 21.28 and a beta of 2.64. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. Carnival Co. & plc has a one year low of $13.78 and a one year high of $27.17.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The company had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned ($0.07) earnings per share. On average, analysts expect that Carnival Co. & plc will post 1.33 earnings per share for the current 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.