Carnival Co. & plc (NYSE:CCL) Shares Sold by Amundi

Amundi cut its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 47.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,290,776 shares of the company’s stock after selling 2,059,358 shares during the period. Amundi’s holdings in Carnival Co. & were worth $55,391,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new position in shares of Carnival Co. & during the 3rd quarter worth approximately $25,000. Crewe Advisors LLC raised its position in Carnival Co. & by 275.8% in the fourth quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period. Assetmark Inc. grew its stake in shares of Carnival Co. & by 1,431.5% in the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after acquiring an additional 1,546 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & in the fourth quarter worth $34,000. Finally, Morse Asset Management Inc acquired a new position in shares of Carnival Co. & in the third quarter worth $46,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CCL shares. Citigroup boosted their target price on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Stifel Nicolaus upped their target price on shares of Carnival Co. & from $32.00 to $34.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Bank of America increased their price target on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Truist Financial increased their price target on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, January 24th. Finally, William Blair reaffirmed an “outperform” rating on shares of Carnival Co. & in a report on Monday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.11.

Carnival Co. & Stock Up 0.0 %

NYSE CCL opened at $19.09 on Wednesday. The company’s 50 day simple moving average is $24.83 and its 200 day simple moving average is $22.82. The company has a market capitalization of $22.22 billion, a P/E ratio of 13.73, a PEG ratio of 0.73 and a beta of 2.66. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72.

Carnival Co. & (NYSE:CCL) last released its earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.06. The business had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.07) earnings per share. Equities research analysts expect that Carnival Co. & plc will post 1.77 earnings per share 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.