Carnival Co. & plc (NYSE:CCL) Shares Bought by Venturi Wealth Management LLC

Venturi Wealth Management LLC grew its position in shares of Carnival Co. & plc (NYSE:CCL) by 39.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,207 shares of the company’s stock after purchasing an additional 622 shares during the period. Venturi Wealth Management LLC’s holdings in Carnival Co. & were worth $55,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. State Street Corp boosted its stake in shares of Carnival Co. & by 5.9% during the 3rd quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after purchasing an additional 2,301,906 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Carnival Co. & by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 24,027,160 shares of the company’s stock worth $442,515,000 after purchasing an additional 811,692 shares during the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Carnival Co. & by 8,431.1% during the 3rd quarter. Mizuho Securities USA LLC now owns 6,644,000 shares of the company’s stock worth $122,781,000 after purchasing an additional 6,566,120 shares during the last quarter. Goldentree Asset Management LP boosted its position in shares of Carnival Co. & by 16.1% in the third quarter. Goldentree Asset Management LP now owns 5,151,458 shares of the company’s stock worth $95,037,000 after acquiring an additional 712,469 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Carnival Co. & by 3.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,924,882 shares of the company’s stock worth $72,532,000 after acquiring an additional 139,761 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Truist Financial raised their target price on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their target price on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Morgan Stanley raised their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 8th. Mizuho raised their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Loop Capital assumed coverage on shares of Carnival Co. & in a research report on Tuesday, February 4th. They issued a “hold” rating and a $25.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Carnival Co. & currently has an average rating of “Moderate Buy” and an average target price of $27.11.

Carnival Co. & Trading Up 1.7 %

CCL opened at $23.62 on Tuesday. The firm has a market capitalization of $27.50 billion, a P/E ratio of 17.00, a P/E/G ratio of 0.73 and a beta of 2.64. The firm’s 50 day moving average is $25.59 and its 200-day moving average is $22.30. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The company had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.07) earnings per share. Analysts expect that Carnival Co. & plc will post 1.77 EPS 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.