Strategic Wealth Advisors Group LLC lifted its position in Carnival Co. & plc (NYSE:CCL – Get Rating ) by 21.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,745 shares of the company’s stock after purchasing an additional 3,286 shares during the quarter. Strategic Wealth Advisors Group LLC’s holdings in Carnival Co. and were worth $372,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale raised its stake in Carnival Co. and by 8.3% in the first quarter. DekaBank Deutsche Girozentrale now owns 90,474 shares of the company’s stock valued at $1,844,000 after buying an additional 6,961 shares during the last quarter. Retirement Systems of Alabama raised its stake in Carnival Co. and by 0.5% in the first quarter. Retirement Systems of Alabama now owns 267,984 shares of the company’s stock valued at $5,419,000 after buying an additional 1,426 shares during the last quarter. Victory Capital Management Inc. increased its stake in Carnival Co. & by 1.1% in the fourth quarter. Victory Capital Management Inc. now owns 254,374 shares of the company’s stock valued at $5,118,000 after purchasing an additional 2,712 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Carnival Co. and by 15.8% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 71,464 shares of the company’s stock valued at $1,445,000 after purchasing an additional 9,772 shares during the last quarter. Finally, Sigma Planning Corp raised its stake in Carnival Co. and by 1.1% in the first quarter. Sigma Planning Corp now owns 152,114 shares of the company’s stock worth $3,076,000 after buying an additional 1,588 shares during the last quarter. Institutional investors own 65.38% of the company’s shares.
Insider Buying and Selling at Carnival Co. &
In other Carnival Co. news, Director Randall J. Weisenburger bought 100,000 shares of the firm’s stock in a transaction on Wednesday, May 25th. The stock was bought at an average price of $11.76 per share, with a total value of $1,176,000.00. Following the completion of the purchase, the director now owns 870,950 shares of the company’s stock, valued at $10,242,372. The acquisition was disclosed in a filing with the SEC, which is available on the SEC’s website. Insiders own 12.50% of the company’s stock.
Changes in analysts’ estimates
CCL has been the subject of a number of research analyst reports. Peel Hunt lowered Carnival Co. and to a “buy” rating in a research note on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Carnival Co. and from $24.00 to $14.00 and set a “hold” rating for the company in a research report on Tuesday, June 21st. Wells Fargo & Company decreased their price objective on shares of Carnival Co. and from $21.00 to $13.00 and set an “underweight” rating for the company in a research report on Monday, June 27th. Citigroup cut their price target on shares of Carnival Co. and from $22.00 to $12.50 and set a “neutral” rating for the company in a research report on Tuesday, June 28th. Finally, Stifel Nicolaus decreased their price objective on shares of Carnival Co. to a “hold” rating. and from $30.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, June 27th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.98.
Carnival Co. & Price Performance
Shares of CCL stock opened at $9.87 on Monday. The company has a debt-to-equity ratio of 3.54, a quick ratio of 0.61, and a current ratio of 0.64. Carnival Co. & plc has a one year low of $8.10 and a one year high of $27.39. The company has a 50 day simple moving average of $9.61 and a two hundred day simple moving average of $14.86.
Carnival Co. & (NYSE:CCL – Get Rating ) last issued its quarterly earnings data on Friday, June 24th. The company reported ($1.64) EPS for the quarter, missing the consensus estimate of ($1.14) by ($0.50). Carnival Co. & had a negative return on equity of 67.51% and a negative net margin of 156.75%. The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the business earned ($1.80) earnings per share. Research analysts predict that Carnival Co. & plc will post -3.75 earnings per share for the current fiscal year.
About Carnival Co. &
(Get rating)
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 offers port destinations and other services, and owns and operates hotels, lodges, glass dome railways and buses.
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