Avantax Advisory Services Inc. Decreases Stake in Carnival Co. & plc (NYSE:CCL)

Avantax Advisory Services Inc. decreased its holdings in Carnival Co. & plc (NYSE:CCLFree Report) by 5.0% in the third quarter, HoldingsChannel.com reports. The fund owned 51,444 shares of the company’s stock after selling 2,721 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Carnival Co. & were worth $706,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CCL. American Century Companies Inc. raised its holdings in shares of Carnival Co. & by 13.3% in the first quarter. American Century Companies Inc. now owns 33,016 shares of the company’s stock worth $667,000 after buying an additional 3,869 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Carnival Co. & by 7.2% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 108,222 shares of the company’s stock worth $2,188,000 after buying an additional 7,248 shares during the period. Yousif Capital Management LLC raised its holdings in shares of Carnival Co. & by 3.4% in the first quarter. Yousif Capital Management LLC now owns 137,825 shares of the company’s stock worth $2,787,000 after buying an additional 4,536 shares during the period. Dimensional Fund Advisors LP increased its holdings in Carnival Co. & by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,734,230 shares of the company’s stock worth $95,697,000 after purchasing an additional 93,169 shares during the period. Finally, Aviva PLC increased its holdings in Carnival Co. & by 25.5% during the 1st quarter. Aviva PLC now owns 152,741 shares of the company’s stock worth $3,088,000 after purchasing an additional 31,037 shares during the period. Institutional investors own 55.54% of the company’s stock.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 34,020 shares of Carnival Co. & stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $17.05, for a total transaction of $580,041.00. Following the completion of the sale, the chief financial officer now owns 335,976 shares of the company’s stock, valued at approximately $5,728,390.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 11.10% of the company’s stock.

Carnival Co. & Stock Down 2.4 %

Carnival Co. & stock opened at $15.31 on Friday. The company has a debt-to-equity ratio of 4.14, a current ratio of 0.46 and a quick ratio of 0.41. The stock has a market capitalization of $17.14 billion, a price-to-earnings ratio of -127.58 and a beta of 2.57. Carnival Co. & plc has a 1-year low of $8.37 and a 1-year high of $19.74. The business has a fifty day moving average price of $17.31 and a 200-day moving average price of $15.52.

Carnival Co. & (NYSE:CCLGet Free Report) last posted its quarterly earnings data on Thursday, December 21st. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.06. The firm had revenue of $5.40 billion during the quarter, compared to analysts’ expectations of $5.29 billion. Carnival Co. & had a positive return on equity of 0.02% and a negative net margin of 0.34%. The business’s quarterly revenue was up 40.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.85) EPS. Equities research analysts forecast that Carnival Co. & plc will post 1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CCL has been the topic of several research reports. Barclays raised their price objective on Carnival Co. & from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, December 22nd. Macquarie raised their price objective on Carnival Co. & from $16.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, December 29th. Citigroup raised their price objective on Carnival Co. & from $19.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, December 20th. Deutsche Bank Aktiengesellschaft raised their price objective on Carnival Co. & from $14.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, December 22nd. Finally, Truist Financial raised their price objective on Carnival Co. & from $15.00 to $18.00 and gave the stock a “hold” rating in a report on Thursday, January 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.56.

Read Our Latest Stock Report on CCL

About Carnival Co. &

(Free Report)

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 and private islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

Further Reading

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

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