Jump Financial LLC Reduces Position in Carnival Co. & plc (NYSE:CCL)

Jump Financial LLC lessened its stake in shares of Carnival Co. & plc (NYSE:CCLFree Report) by 88.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,825 shares of the company’s stock after selling 268,926 shares during the quarter. Jump Financial LLC’s holdings in Carnival Co. & were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Savant Capital LLC boosted its stake in shares of Carnival Co. & by 29.9% during the third quarter. Savant Capital LLC now owns 16,746 shares of the company’s stock valued at $230,000 after purchasing an additional 3,851 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of Carnival Co. & by 7.2% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 942,869 shares of the company’s stock valued at $12,936,000 after purchasing an additional 62,920 shares during the period. Sigma Planning Corp boosted its stake in shares of Carnival Co. & by 6.1% during the third quarter. Sigma Planning Corp now owns 33,513 shares of the company’s stock valued at $460,000 after purchasing an additional 1,928 shares during the period. Illinois Municipal Retirement Fund purchased a new stake in shares of Carnival Co. & during the third quarter valued at approximately $462,000. Finally, Los Angeles Capital Management LLC lifted its stake in Carnival Co. & by 11.9% in the third quarter. Los Angeles Capital Management LLC now owns 365,350 shares of the company’s stock worth $5,013,000 after acquiring an additional 38,904 shares during the period. Hedge funds and other institutional investors own 55.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Truist Financial raised their price target on Carnival Co. & from $15.00 to $18.00 and gave the stock a “hold” rating in a research note on Thursday, January 18th. Macquarie raised their price target on Carnival Co. & from $16.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, December 29th. Barclays raised their price target on Carnival Co. & from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, December 22nd. Stifel Nicolaus raised their price target on Carnival Co. & from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, December 22nd. Finally, Wells Fargo & Company raised Carnival Co. & from an “equal weight” rating to an “overweight” rating and set a $22.00 price target for the company in a research note on Friday, January 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $20.56.

Check Out Our Latest Stock Analysis on Carnival Co. &

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 34,020 shares of the business’s 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 directly owns 335,976 shares in the company, valued at approximately $5,728,390.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 11.10% of the company’s stock.

Carnival Co. & Price Performance

Shares of NYSE:CCL opened at $15.31 on Friday. Carnival Co. & plc has a fifty-two week low of $8.37 and a fifty-two week high of $19.74. The business has a 50-day simple moving average of $17.31 and a two-hundred day simple moving average of $15.50. The company has a debt-to-equity ratio of 4.14, a quick ratio of 0.41 and a current ratio of 0.46. The firm has a market cap of $17.14 billion, a price-to-earnings ratio of -127.57 and a beta of 2.57.

Carnival Co. & (NYSE:CCLGet Free Report) last issued its earnings results 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 business had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.29 billion. Carnival Co. & had a positive return on equity of 0.02% and a negative net margin of 0.34%. Carnival Co. &’s revenue was up 40.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.85) EPS. On average, analysts expect that Carnival Co. & plc will post 1 earnings per share for the current year.

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.

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

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