Carnival Co. & plc (NYSE:CCL) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its stake in shares of Carnival Co. & plc (NYSE:CCL) by 33.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,507 shares of the company’s stock after selling 13,519 shares during the period. XTX Topco Ltd’s holdings in Carnival Co. & were worth $661,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Crewe Advisors LLC increased 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 acquiring an additional 888 shares during the period. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & during the 4th quarter valued at $34,000. Millstone Evans Group LLC bought a new stake in shares of Carnival Co. & in the 4th quarter worth $34,000. 1620 Investment Advisors Inc. acquired a new stake in shares of Carnival Co. & in the fourth quarter valued at $42,000. Finally, Mizuho Bank Ltd. bought a new position in Carnival Co. & during the fourth quarter valued at about $46,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on CCL. Mizuho boosted their price target on shares of Carnival Co. & from $32.00 to $33.00 and gave the stock an “outperform” rating in a research report on Monday, March 24th. StockNews.com upgraded shares of Carnival Co. & from a “hold” rating to a “buy” rating in a report on Friday. Tigress Financial restated a “buy” rating on shares of Carnival Co. & in a report on Wednesday, March 26th. Barclays upped their price target on Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Finally, Truist Financial increased their price objective on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.84.

Carnival Co. & Trading Up 0.4 %

NYSE CCL opened at $17.94 on Friday. 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. & plc has a 1-year low of $13.78 and a 1-year high of $28.72. The firm’s fifty day simple moving average is $20.87 and its 200-day simple moving average is $23.08. The company has a market capitalization of $20.93 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 0.73 and a beta of 2.42.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping 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 return on equity of 24.13% and a net margin of 7.66%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.14) EPS. As a group, sell-side analysts anticipate that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

Carnival Co. & Company 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.