CreativeOne Wealth LLC Has $804,000 Stock Holdings in Carnival Co. & plc (NYSE:CCL)

CreativeOne Wealth LLC raised its stake in Carnival Co. & plc (NYSE:CCL) by 117.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 32,264 shares of the company’s stock after buying an additional 17,452 shares during the period. CreativeOne Wealth LLC’s holdings in Carnival Co. & were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. FMR LLC boosted its holdings in shares of Carnival Co. & by 186.6% during the 4th quarter. FMR LLC now owns 9,898,906 shares of the company’s stock worth $246,681,000 after buying an additional 6,444,444 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Carnival Co. & by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company’s stock worth $2,918,022,000 after acquiring an additional 4,458,329 shares during the period. Renaissance Technologies LLC grew its position in shares of Carnival Co. & by 17.7% in the fourth quarter. Renaissance Technologies LLC now owns 18,097,001 shares of the company’s stock valued at $450,977,000 after purchasing an additional 2,720,096 shares during the last quarter. Norges Bank bought a new position in shares of Carnival Co. & during the fourth quarter worth approximately $59,486,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Carnival Co. & during the 4th quarter worth approximately $53,636,000. 67.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on CCL shares. Truist Financial upped their price objective on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a report on Friday, January 24th. Stifel Nicolaus raised their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, March 24th. StockNews.com downgraded shares of Carnival Co. & from a “buy” rating to a “hold” rating in a report on Tuesday, April 8th. BNP Paribas initiated coverage on shares of Carnival Co. & in a report on Thursday, March 27th. They set an “outperform” rating and a $26.00 target price on the stock. Finally, Morgan Stanley upgraded Carnival Co. & from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $25.00 to $21.00 in a research note on Thursday, April 10th. Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, Carnival Co. & presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.84.

Carnival Co. & Stock Performance

Carnival Co. & stock opened at $17.94 on Friday. 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 stock has a market cap of $20.93 billion, a PE ratio of 12.91, a P/E/G ratio of 0.73 and a beta of 2.42. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $28.72. The business’s 50-day moving average price is $21.02 and its two-hundred day moving average price is $23.08.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.14) EPS. As a group, analysts expect 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.