City Holding Co. Has $97,000 Stock Position in Carnival Co. & plc (NYSE:CCL)

City Holding Co. decreased its position in shares of Carnival Co. & plc (NYSE:CCL) by 30.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,900 shares of the company’s stock after selling 1,700 shares during the quarter. City Holding Co.’s holdings in Carnival Co. & were worth $97,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Encompass Wealth Advisors LLC grew its position in Carnival Co. & by 2.9% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 16,079 shares of the company’s stock worth $297,000 after purchasing an additional 451 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of Carnival Co. & by 1.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 49,108 shares of the company’s stock worth $1,224,000 after buying an additional 521 shares during the last quarter. Graypoint LLC increased its position in shares of Carnival Co. & by 5.3% during the fourth quarter. Graypoint LLC now owns 11,074 shares of the company’s stock valued at $276,000 after acquiring an additional 560 shares during the last quarter. Metis Global Partners LLC lifted its holdings in Carnival Co. & by 2.0% during the third quarter. Metis Global Partners LLC now owns 32,393 shares of the company’s stock worth $599,000 after acquiring an additional 621 shares during the period. Finally, HB Wealth Management LLC boosted its position in Carnival Co. & by 2.6% in the fourth quarter. HB Wealth Management LLC now owns 25,155 shares of the company’s stock worth $627,000 after purchasing an additional 637 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Tigress Financial raised their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 7th. Mizuho lifted their price objective on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Truist Financial increased their target price on shares of Carnival Co. & from $20.00 to $29.00 and gave the company a “hold” rating in a research report on Monday, December 2nd. Morgan Stanley lifted their price target on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. Finally, Barclays increased their price objective on Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Carnival Co. & has a consensus rating of “Moderate Buy” and an average target price of $27.18.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Price Performance

NYSE:CCL opened at $25.85 on Tuesday. The firm has a market capitalization of $29.83 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 0.77 and a beta of 2.64. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The stock has a fifty day moving average of $25.22 and a 200 day moving average of $20.65. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $27.17.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same quarter in the previous year, the firm earned ($0.07) earnings per share. Carnival Co. &’s revenue was up 10.0% on a year-over-year basis. On average, research analysts expect that Carnival Co. & plc will post 1.74 EPS for the current fiscal year.

Carnival Co. & Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.