Carnival Co. & plc (NYSE:CCL) Shares Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC boosted its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,664 shares of the company’s stock after purchasing an additional 1,642 shares during the period. United Capital Financial Advisors LLC’s holdings in Carnival Co. & were worth $640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CCL. Crewe Advisors LLC boosted its holdings in Carnival Co. & by 275.8% during the fourth quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock worth $30,000 after buying an additional 888 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in shares of Carnival Co. & during the 4th quarter worth about $34,000. Millstone Evans Group LLC acquired a new stake in shares of Carnival Co. & during the 4th quarter valued at about $34,000. 1620 Investment Advisors Inc. purchased a new position in shares of Carnival Co. & in the 4th quarter valued at about $42,000. Finally, Mizuho Bank Ltd. acquired a new position in Carnival Co. & in the 4th quarter worth about $46,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on CCL shares. Tigress Financial reissued a “buy” rating on shares of Carnival Co. & in a report on Wednesday, March 26th. Truist Financial boosted their price target on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, January 24th. BNP Paribas began coverage on shares of Carnival Co. & in a research note on Thursday, March 27th. They set an “outperform” rating and a $26.00 target price for the company. William Blair reiterated an “outperform” rating on shares of Carnival Co. & in a research note on Monday, March 10th. Finally, Morgan Stanley upgraded Carnival Co. & from an “underweight” rating to an “equal weight” rating and decreased their target price for the company from $25.00 to $21.00 in a research report on Thursday, April 10th. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, Carnival Co. & has an average rating of “Moderate Buy” and a consensus target price of $26.84.

Carnival Co. & Stock Performance

NYSE:CCL opened at $17.94 on Friday. Carnival Co. & plc has a fifty-two week low of $13.78 and a fifty-two week high of $28.72. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The company has a 50 day moving average price of $20.87 and a 200 day moving average price of $23.11. The stock has a market capitalization of $20.93 billion, a P/E ratio of 12.91, a PEG ratio of 0.73 and a beta of 2.42.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. The business had revenue of $5.81 billion during 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 company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted ($0.14) earnings per share. Equities research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current 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.