Metis Global Partners LLC Acquires 621 Shares of Carnival Co. & plc (NYSE:CCL)

Metis Global Partners LLC lifted its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 2.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 32,393 shares of the company’s stock after acquiring an additional 621 shares during the period. Metis Global Partners LLC’s holdings in Carnival Co. & were worth $599,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CCL. Empowered Funds LLC lifted its holdings in shares of Carnival Co. & by 29.4% in the first quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock worth $269,000 after acquiring an additional 3,741 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in Carnival Co. & by 2.6% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 565,055 shares of the company’s stock valued at $9,228,000 after buying an additional 14,569 shares in the last quarter. Covestor Ltd boosted its position in Carnival Co. & by 476.9% in the first quarter. Covestor Ltd now owns 4,909 shares of the company’s stock valued at $80,000 after buying an additional 4,058 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of Carnival Co. & by 31.6% during the first quarter. O Shaughnessy Asset Management LLC now owns 33,487 shares of the company’s stock worth $547,000 after buying an additional 8,038 shares in the last quarter. Finally, UniSuper Management Pty Ltd lifted its stake in shares of Carnival Co. & by 551.2% in the 1st quarter. UniSuper Management Pty Ltd now owns 68,164 shares of the company’s stock valued at $1,114,000 after acquiring an additional 57,696 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Carnival Co. & Stock Performance

NYSE:CCL opened at $24.31 on Monday. The firm has a fifty day simple moving average of $20.31 and a two-hundred day simple moving average of $17.68. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $24.99. The stock has a market capitalization of $28.06 billion, a price-to-earnings ratio of 21.71 and a beta of 2.66. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $7.90 billion during the quarter, compared to analyst estimates of $7.82 billion. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The firm’s revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. Analysts expect that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on CCL shares. Morgan Stanley upped their target price on Carnival Co. & from $15.00 to $16.50 and gave the stock an “underweight” rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. raised their price objective on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Citigroup boosted their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. Truist Financial raised their price target on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Tuesday, July 23rd. Finally, Barclays increased their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.78.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.00% of the stock is owned by insiders.

About Carnival Co. &

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.