Kestra Private Wealth Services LLC Sells 3,200 Shares of Carnival Co. & plc (NYSE:CCL)

Kestra Private Wealth Services LLC lowered its position in shares of Carnival Co. & plc (NYSE:CCLGet Rating) by 10.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,048 shares of the company’s stock after selling 3,200 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Carnival Co. & were worth $567,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CCL. Private Capital Group LLC boosted its position in Carnival Co. & by 130.0% during the first quarter. Private Capital Group LLC now owns 1,520 shares of the company’s stock valued at $31,000 after acquiring an additional 859 shares during the last quarter. Sierra Capital LLC increased its holdings in Carnival Co. & by 1,304.3% in the first quarter. Sierra Capital LLC now owns 1,615 shares of the company’s stock worth $33,000 after purchasing an additional 1,500 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in Carnival Co. & by 150.1% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 1,876 shares of the company’s stock worth $38,000 after purchasing an additional 1,126 shares in the last quarter. City Holding Co. bought a new stake in Carnival Co. & in the fourth quarter worth approximately $41,000. Finally, TCI Wealth Advisors Inc. boosted its stake in Carnival Co. & by 67.7% during the first quarter. TCI Wealth Advisors Inc. now owns 2,070 shares of the company’s stock worth $42,000 after acquiring an additional 836 shares in the last quarter. Institutional investors own 50.56% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CCL. Wells Fargo & Company cut their target price on shares of Carnival Co. & from $21.00 to $13.00 and set an “underweight” rating on the stock in a research note on Monday, June 27th. HSBC decreased their target price on Carnival Co. & from $18.20 to $7.70 and set a “reduce” rating for the company in a research report on Tuesday, June 14th. UBS Group decreased their target price on Carnival Co. & from $23.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, July 8th. StockNews.com upgraded Carnival Co. & to a “sell” rating in a report on Thursday, August 11th. Finally, Peel Hunt cut Carnival Co. & to a “buy” rating in a report on Tuesday, June 28th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $15.98.

Carnival Co. & Price Performance

Shares of NYSE CCL opened at $10.76 on Monday. The company has a market capitalization of $10.70 billion, a PE ratio of -1.33 and a beta of 2.03. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 3.54. The stock’s 50 day moving average price is $9.81 and its 200-day moving average price is $13.30. Carnival Co. & plc has a twelve month low of $8.10 and a twelve month high of $27.39.

Carnival Co. & (NYSE:CCLGet Rating) last issued its quarterly earnings results on Friday, June 24th. The company reported ($1.64) EPS for the quarter, missing analysts’ consensus estimates of ($1.14) by ($0.50). The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.83 billion. Carnival Co. & had a negative return on equity of 67.51% and a negative net margin of 156.75%. During the same quarter last year, the business posted ($1.80) earnings per share. On average, equities analysts anticipate that Carnival Co. & plc will post -3.75 EPS for the current year.

About Carnival Co. &

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Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CCL)

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