138,787 Shares in Carnival Co. & plc (NYSE:CCL) Acquired by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. purchased a new stake in shares of Carnival Co. & plc (NYSE:CCL) during the fourth quarter, Holdings Channel.com reports. The firm purchased 138,787 shares of the company’s stock, valued at approximately $3,459,000. Carnival Co. & comprises about 2.0% of Decker Retirement Planning Inc.’s holdings, making the stock its 18th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ashton Thomas Securities LLC purchased a new stake in shares of Carnival Co. & in the 3rd quarter valued at $25,000. Assetmark Inc. raised its position in Carnival Co. & by 1,431.5% in the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after purchasing an additional 1,546 shares during the period. CVA Family Office LLC lifted its stake in Carnival Co. & by 163.9% in the third quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after purchasing an additional 1,205 shares during the last quarter. Morse Asset Management Inc purchased a new stake in Carnival Co. & during the third quarter valued at about $46,000. Finally, Avior Wealth Management LLC boosted its position in Carnival Co. & by 50.7% during the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company’s stock valued at $51,000 after buying an additional 924 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction that occurred 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 sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 11.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Tigress Financial boosted 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. Macquarie boosted their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. Morgan Stanley raised their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. Truist Financial upped their price target on shares of Carnival Co. & from $20.00 to $29.00 and gave the company a “hold” rating in a report on Monday, December 2nd. Finally, Barclays raised their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.18.

Carnival Co. & Stock Up 0.5 %

Shares of NYSE:CCL opened at $25.05 on Friday. The firm has a market capitalization of $28.92 billion, a P/E ratio of 18.02, a P/E/G ratio of 0.77 and a beta of 2.64. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The stock has a 50 day moving average price of $25.16 and a 200-day moving average price of $20.52. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $27.17.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter in the prior year, the company earned ($0.07) earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Carnival Co. & plc will post 1.74 EPS for the current fiscal year.

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.