Sigma Planning Corp Boosts Stock Position in Carnival Co. & plc (NYSE:CCL)

Sigma Planning Corp boosted its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 23.7% in the third quarter, Holdings Channel.com reports. The fund owned 39,877 shares of the company’s stock after acquiring an additional 7,633 shares during the quarter. Sigma Planning Corp’s holdings in Carnival Co. & were worth $737,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Carnival Co. & in the 2nd quarter worth $466,838,000. Marshall Wace LLP lifted its holdings in shares of Carnival Co. & by 510.5% in the 2nd quarter. Marshall Wace LLP now owns 10,331,092 shares of the company’s stock worth $193,398,000 after buying an additional 8,638,865 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Carnival Co. & by 43.6% in the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company’s stock worth $179,435,000 after buying an additional 2,911,100 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Carnival Co. & by 8.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,846,144 shares of the company’s stock worth $109,444,000 after buying an additional 473,848 shares during the period. Finally, Earnest Partners LLC lifted its holdings in shares of Carnival Co. & by 12.5% in the 1st quarter. Earnest Partners LLC now owns 4,567,402 shares of the company’s stock worth $74,631,000 after buying an additional 507,045 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction that occurred on 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 transaction, the director now owns 65,789 shares of the company’s stock, valued at $1,428,937.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 11.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. 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 report on Wednesday. Tigress Financial boosted their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Barclays boosted their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. Macquarie boosted their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Finally, Citigroup boosted their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and an average target price of $23.78.

Carnival Co. & Stock Down 0.2 %

Shares of CCL opened at $24.55 on Thursday. Carnival Co. & plc has a 52 week low of $13.33 and a 52 week high of $24.83. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $28.33 billion, a price-to-earnings ratio of 21.92 and a beta of 2.66. The stock’s 50-day moving average price is $19.81 and its 200-day moving average price is $17.48.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.82 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. Carnival Co. &’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.86 earnings per share. On average, sell-side analysts predict that Carnival Co. & plc will post 1.33 EPS for the current year.

Carnival Co. & Company 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.