Carnival Co. & plc (NYSE:CCL) Position Decreased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its holdings in Carnival Co. & plc (NYSE:CCL) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,283 shares of the company’s stock after selling 940 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Carnival Co. & were worth $840,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James & Associates boosted its position in shares of Carnival Co. & by 6.2% in the 3rd quarter. Raymond James & Associates now owns 392,814 shares of the company’s stock valued at $5,389,000 after purchasing an additional 23,068 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of Carnival Co. & by 15.5% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 551,268 shares of the company’s stock worth $7,563,000 after acquiring an additional 74,084 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Carnival Co. & by 6.3% during the third quarter. Stratos Wealth Partners LTD. now owns 46,042 shares of the company’s stock valued at $632,000 after acquiring an additional 2,734 shares during the period. Forsta AP Fonden purchased a new stake in shares of Carnival Co. & in the 3rd quarter valued at approximately $2,843,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Carnival Co. & by 4.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 416,925 shares of the company’s stock worth $5,720,000 after purchasing an additional 16,821 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Carnival Co. &

In related news, CFO David Bernstein sold 153,995 shares of Carnival Co. & stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $15.37, for a total value of $2,366,903.15. Following the transaction, the chief financial officer now owns 181,981 shares in the company, valued at approximately $2,797,047.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on CCL shares. Mizuho began coverage on shares of Carnival Co. & in a research note on Tuesday, March 26th. They set a “buy” rating and a $21.00 target price on the stock. Macquarie upped their price target on Carnival Co. & from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Thursday, March 28th. Barclays raised their price objective on Carnival Co. & from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. JPMorgan Chase & Co. upped their target price on Carnival Co. & from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. Finally, Stifel Nicolaus decreased their price target on shares of Carnival Co. & from $26.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.47.

Carnival Co. & Price Performance

Shares of NYSE:CCL opened at $14.45 on Friday. The stock has a market capitalization of $16.22 billion, a P/E ratio of 55.58 and a beta of 2.53. The business has a 50-day moving average of $15.57 and a two-hundred day moving average of $15.51. Carnival Co. & plc has a fifty-two week low of $9.21 and a fifty-two week 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.

Carnival Co. & (NYSE:CCL) last posted its earnings results on Wednesday, March 27th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same period in the previous year, the company earned ($0.55) EPS. The company’s revenue for the quarter was up 22.0% on a year-over-year basis. On average, equities research analysts predict that Carnival Co. & plc will post 1.02 EPS for the current fiscal year.

Carnival Co. & Profile

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.