Atria Wealth Solutions Inc. Buys 10,789 Shares of Carnival Co. & plc (NYSE:CCL)

Atria Wealth Solutions Inc. raised its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 21.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,658 shares of the company’s stock after purchasing an additional 10,789 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Carnival Co. & were worth $1,512,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in Carnival Co. & during the third quarter worth $25,000. Crewe Advisors LLC lifted its holdings in shares of Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Carnival Co. & by 1,431.5% during the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after purchasing an additional 1,546 shares during the period. New Wave Wealth Advisors LLC bought a new position in Carnival Co. & during the 4th quarter valued at about $34,000. Finally, Morse Asset Management Inc purchased a new stake in shares of Carnival Co. & in the third quarter worth approximately $46,000. 67.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CCL. Citigroup boosted their price target on Carnival Co. & from $30.00 to $31.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Wells Fargo & Company lifted their price objective on shares of Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Sanford C. Bernstein began coverage on shares of Carnival Co. & in a research note on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price objective for the company. Truist Financial increased their target price on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Finally, The Goldman Sachs Group boosted their price target on Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Carnival Co. & presently has an average rating of “Moderate Buy” and a consensus price target of $27.11.

Carnival Co. & Stock Performance

Shares of CCL stock opened at $23.19 on Monday. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72. The firm has a market capitalization of $26.99 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 0.73 and a beta of 2.64. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The business has a fifty day moving average of $25.64 and a 200 day moving average of $22.24.

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

About Carnival Co. &

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.