Capital Advisors Inc. OK Invests $382,000 in Carnival Co. & plc (NYSE:CCL)

Capital Advisors Inc. OK bought a new position in shares of Carnival Co. & plc (NYSE:CCL) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 20,600 shares of the company’s stock, valued at approximately $382,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new stake in shares of Carnival Co. & during the fourth quarter worth $1,129,000. Friedenthal Financial acquired a new stake in shares of Carnival Co. & during the fourth quarter worth $28,000. Sapient Capital LLC acquired a new stake in shares of Carnival Co. & during the fourth quarter worth $597,000. Cerity Partners LLC acquired a new position in Carnival Co. & in the fourth quarter valued at about $330,000. Finally, Sequoia Financial Advisors LLC grew its stake in Carnival Co. & by 69.4% in the fourth quarter. Sequoia Financial Advisors LLC now owns 36,887 shares of the company’s stock valued at $684,000 after acquiring an additional 15,109 shares during the period. Institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 34,020 shares of the firm’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of $17.05, for a total value of $580,041.00. Following 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 document filed with the SEC, which is available at the SEC website. Company insiders own 11.00% of the company’s stock.

Analyst Upgrades and Downgrades

CCL has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on Carnival Co. & in a research note on Wednesday, March 13th. They issued a “buy” rating and a $20.00 target price for the company. Citigroup boosted their target price on Carnival Co. & from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, December 20th. Susquehanna decreased their target price on Carnival Co. & from $23.00 to $22.00 and set a “positive” rating for the company in a research note on Monday, March 25th. Barclays boosted their target price on Carnival Co. & from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Finally, Argus decreased their target price on Carnival Co. & from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, April 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $21.47.

Carnival Co. & Trading Down 4.1 %

Shares of NYSE:CCL opened at $14.36 on Monday. The company has a market capitalization of $16.12 billion, a P/E ratio of 55.23 and a beta of 2.54. Carnival Co. & plc has a 1 year low of $8.70 and a 1 year high of $19.74. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.36 and a quick ratio of 0.32. The business’s 50 day simple moving average is $15.77 and its 200 day simple moving average is $15.41.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Wednesday, March 27th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.04. The business had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.42 billion. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The firm’s quarterly revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.55) earnings per share. On average, research analysts anticipate that Carnival Co. & plc will post 1.01 EPS for the current fiscal year.

About Carnival Co. &

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