Carnival Co. & plc (NYSE:CCL) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in shares of Carnival Co. & plc (NYSE:CCL) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,330 shares of the company’s stock after buying an additional 5,369 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Carnival Co. & were worth $5,458,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Carnival Co. & during the 3rd quarter valued at approximately $25,000. Family Firm Inc. bought a new stake in Carnival Co. & during the second quarter valued at $26,000. Hantz Financial Services Inc. acquired a new stake in shares of Carnival Co. & during the second quarter worth $30,000. Assetmark Inc. lifted its position in shares of Carnival Co. & by 1,431.5% in the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after buying an additional 1,546 shares during the last quarter. Finally, CVA Family Office LLC boosted its holdings in shares of Carnival Co. & by 163.9% in the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock valued at $36,000 after buying an additional 1,205 shares during the period. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Price Performance

CCL opened at $25.90 on Friday. The stock has a market cap of $29.89 billion, a price-to-earnings ratio of 23.13 and a beta of 2.67. The stock has a fifty day moving average price of $23.42 and a 200 day moving average price of $19.14. 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. & plc has a 1 year low of $13.78 and a 1 year high of $27.17.

Carnival Co. & (NYSE:CCL) last announced its earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $7.90 billion during 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%. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 EPS. Analysts forecast that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CCL. Tigress Financial raised 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 Monday, October 7th. Citigroup boosted their price objective on Carnival Co. & from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday. Truist Financial upped their price objective on Carnival Co. & from $20.00 to $29.00 and gave the stock a “hold” rating in a research note on Monday, December 2nd. Macquarie boosted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Finally, Mizuho increased their price objective on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $26.21.

Insider Buying and Selling at Carnival Co. &

In other news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction 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 sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 11.00% of the company’s stock.

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.