Wilmington Savings Fund Society FSB Makes New Investment in Carnival Co. & plc (NYSE:CCL)

Wilmington Savings Fund Society FSB acquired a new stake in Carnival Co. & plc (NYSE:CCL) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 4,718 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors have also recently modified their holdings of the stock. World Investment Advisors LLC acquired a new position in Carnival Co. & in the third quarter valued at about $252,000. Sanctuary Advisors LLC increased its holdings in Carnival Co. & by 70.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 56,928 shares of the company’s stock valued at $1,052,000 after buying an additional 23,579 shares during the period. Toronto Dominion Bank raised its position in shares of Carnival Co. & by 3.9% in the 3rd quarter. Toronto Dominion Bank now owns 557,811 shares of the company’s stock valued at $10,308,000 after buying an additional 20,773 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Carnival Co. & by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 24,027,160 shares of the company’s stock worth $442,515,000 after acquiring an additional 811,692 shares in the last quarter. Finally, M&T Bank Corp increased its stake in Carnival Co. & by 7.8% in the third quarter. M&T Bank Corp now owns 59,628 shares of the company’s stock valued at $1,102,000 after acquiring an additional 4,311 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the 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 completion of the sale, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 11.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CCL. Bank of America upped their target price on Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Citigroup upped their price objective on Carnival Co. & from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Mizuho lifted their target price on Carnival Co. & from $26.00 to $32.00 and gave the company 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 stock a “hold” rating in a report on Monday, December 2nd. Finally, Morgan Stanley lifted their price target on shares of 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 given a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Carnival Co. & has an average rating of “Moderate Buy” and a consensus target price of $26.62.

Carnival Co. & Stock Up 6.4 %

Shares of NYSE:CCL opened at $26.80 on Friday. The firm has a market cap of $30.93 billion, a P/E ratio of 23.93 and a beta of 2.67. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $27.17. The business has a fifty day simple moving average of $24.03 and a 200 day simple moving average of $19.49. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period last year, the company earned ($0.07) earnings per share. The firm’s revenue was up 10.0% compared to the same quarter last year. Analysts predict that Carnival Co. & plc will post 1.33 earnings per share for the current 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.