Carnival Co. & plc (NYSE:CCL) Shares Sold by Semanteon Capital Management LP

Semanteon Capital Management LP trimmed its position in Carnival Co. & plc (NYSE:CCL) by 11.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 58,277 shares of the company’s stock after selling 7,557 shares during the period. Carnival Co. & accounts for about 0.8% of Semanteon Capital Management LP’s holdings, making the stock its 23rd largest holding. Semanteon Capital Management LP’s holdings in Carnival Co. & were worth $1,452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Crewe Advisors LLC lifted its stake in shares of Carnival Co. & by 275.8% during the fourth quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock valued at $30,000 after buying an additional 888 shares during the period. New Wave Wealth Advisors LLC purchased a new position in shares of Carnival Co. & during the 4th quarter worth $34,000. Morse Asset Management Inc acquired a new stake in shares of Carnival Co. & during the third quarter worth $46,000. Crews Bank & Trust purchased a new stake in shares of Carnival Co. & in the fourth quarter valued at $50,000. Finally, Avior Wealth Management LLC grew its position in shares of Carnival Co. & by 50.7% in the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company’s stock valued at $51,000 after purchasing an additional 924 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CCL has been the topic of a number of research analyst reports. Truist Financial raised 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. William Blair restated an “outperform” rating on shares of Carnival Co. & in a report on Monday, March 10th. Stifel Nicolaus dropped their price target on shares of Carnival Co. & from $34.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Sanford C. Bernstein began coverage on shares of Carnival Co. & in a report on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price target on the stock. Finally, Wells Fargo & Company upped their price objective on Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, Carnival Co. & currently has an average rating of “Moderate Buy” and an average price target of $26.89.

Carnival Co. & Stock Up 0.7 %

Shares of NYSE:CCL opened at $21.21 on Friday. The company has a 50 day moving average of $24.25 and a two-hundred day moving average of $22.91. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 15.26, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The business had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business earned ($0.07) EPS. As a group, analysts forecast that Carnival Co. & plc will post 1.77 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.