Diversified Trust Co Acquires Shares of 54,038 Carnival Co. & plc (NYSE:CCL)

Diversified Trust Co bought a new position in shares of Carnival Co. & plc (NYSE:CCL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 54,038 shares of the company’s stock, valued at approximately $1,347,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CCL. Acadian Asset Management LLC acquired a new position in Carnival Co. & during the second quarter worth approximately $734,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Carnival Co. & in the 2nd quarter valued at $97,000. Choreo LLC purchased a new stake in Carnival Co. & in the 2nd quarter valued at $258,000. Royal London Asset Management Ltd. boosted its stake in Carnival Co. & by 83.8% during the 2nd quarter. Royal London Asset Management Ltd. now owns 586,195 shares of the company’s stock worth $10,974,000 after purchasing an additional 267,278 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in Carnival Co. & by 27.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 142,589 shares of the company’s stock worth $2,670,000 after purchasing an additional 30,958 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the transaction, the director now owns 65,789 shares of the company’s stock, 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 accessible through this hyperlink. Insiders own 11.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CCL has been the subject of a number of research reports. The Goldman Sachs Group upped their target price on shares of Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Tigress Financial increased their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Truist Financial boosted their target price on Carnival Co. & from $20.00 to $29.00 and gave the company a “hold” rating in a report on Monday, December 2nd. Barclays increased their price target on Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. Finally, Mizuho boosted their price objective on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $27.18.

Carnival Co. & Stock Up 1.6 %

Shares of NYSE CCL opened at $24.21 on Thursday. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.30 and a quick ratio of 0.26. The firm’s 50-day moving average is $24.97 and its two-hundred day moving average is $20.30. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $27.17. The company has a market capitalization of $27.94 billion, a PE ratio of 21.62 and a beta of 2.64.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter in the previous year, the business earned ($0.07) earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Carnival Co. & Company 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.