12,644 Shares in Carnival Co. & plc (NYSE:CCL) Acquired by SYM FINANCIAL Corp

SYM FINANCIAL Corp bought a new stake in shares of Carnival Co. & plc (NYSE:CCL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,644 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new stake in Carnival Co. & during the third quarter valued at about $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Carnival Co. & in the 4th quarter valued at about $34,000. Assetmark Inc. grew its position in shares of Carnival Co. & by 1,431.5% in the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after buying an additional 1,546 shares during the last quarter. CVA Family Office LLC raised its stake in shares of Carnival Co. & by 163.9% during the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after acquiring an additional 1,205 shares in the last quarter. Finally, Crews Bank & Trust purchased a new stake in Carnival Co. & during the fourth quarter valued at approximately $50,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CCL. Mizuho upped their price target on Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Morgan Stanley increased their price target on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research note on Wednesday, January 8th. Truist Financial boosted their price target on Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, January 24th. Barclays lifted their target price on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, December 23rd. Finally, Bank of America boosted their price target on Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Carnival Co. & presently has an average rating of “Moderate Buy” and an average price target of $27.24.

Carnival Co. & Stock Down 2.9 %

CCL stock opened at $27.66 on Monday. The company has a market cap of $32.20 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.87 and a beta of 2.64. The firm has a 50-day moving average of $25.58 and a two-hundred day moving average of $21.23. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.07) earnings per share. As a group, analysts forecast that Carnival Co. & plc will post 1.76 earnings per share 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.