Carnival Co. & plc (NYSE:CCL) Shares Acquired by Point72 DIFC Ltd

Point72 DIFC Ltd increased its stake in shares of Carnival Co. & plc (NYSE:CCL) by 184.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 677,541 shares of the company’s stock after purchasing an additional 439,542 shares during the period. Carnival Co. & makes up 0.4% of Point72 DIFC Ltd’s investment portfolio, making the stock its 29th biggest position. Point72 DIFC Ltd’s holdings in Carnival Co. & were worth $12,521,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in Carnival Co. & in the third quarter valued at $25,000. Family Firm Inc. acquired a new stake in shares of Carnival Co. & during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. acquired a new stake in shares of Carnival Co. & during the 2nd quarter worth about $30,000. Assetmark Inc. boosted its holdings in Carnival Co. & by 1,431.5% in the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock valued at $31,000 after purchasing an additional 1,546 shares in the last quarter. Finally, CVA Family Office LLC lifted its position 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 buying an additional 1,205 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred on 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 directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 11.00% of the company’s stock.

Carnival Co. & Stock Performance

Shares of NYSE CCL opened at $26.11 on Wednesday. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $26.66. The stock has a 50 day simple moving average of $22.12 and a 200-day simple moving average of $18.58. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The company has a market cap of $30.14 billion, a PE ratio of 23.31 and a beta of 2.67.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.82 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The business’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the business earned $0.86 EPS. On average, equities research analysts forecast that Carnival Co. & plc will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on CCL. Stifel Nicolaus increased their target price on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Barclays upped their target price on Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Citigroup lifted their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Finally, Morgan Stanley increased their price objective on Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $24.44.

About Carnival Co. &

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.