Atlas Private Wealth Advisors Invests $241,000 in Carnival Co. & plc (NYSE:CCL)

Atlas Private Wealth Advisors bought a new position in Carnival Co. & plc (NYSE:CCL) in the 4th quarter, Holdings Channel.com reports. The firm bought 9,688 shares of the company’s stock, valued at approximately $241,000.

Several other hedge funds also recently made changes to their positions in CCL. Envestnet Asset Management Inc. lifted its stake in shares of Carnival Co. & by 49.0% in the second quarter. Envestnet Asset Management Inc. now owns 240,019 shares of the company’s stock valued at $4,493,000 after purchasing an additional 78,895 shares during the period. Blair William & Co. IL lifted its stake in shares of Carnival Co. & by 13.4% in the second quarter. Blair William & Co. IL now owns 20,944 shares of the company’s stock valued at $392,000 after purchasing an additional 2,483 shares during the period. AE Wealth Management LLC lifted its stake in shares of Carnival Co. & by 46.6% in the second quarter. AE Wealth Management LLC now owns 31,570 shares of the company’s stock valued at $591,000 after purchasing an additional 10,034 shares during the period. ProShare Advisors LLC lifted its stake in shares of Carnival Co. & by 4.3% in the second quarter. ProShare Advisors LLC now owns 221,735 shares of the company’s stock valued at $4,151,000 after purchasing an additional 9,211 shares during the period. Finally, Public Sector Pension Investment Board lifted its stake in shares of Carnival Co. & by 69.2% in the second quarter. Public Sector Pension Investment Board now owns 38,764 shares of the company’s stock valued at $726,000 after purchasing an additional 15,856 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on CCL shares. Stifel Nicolaus raised their price objective on shares of Carnival Co. & from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Morgan Stanley raised their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, January 8th. Macquarie raised their target price 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. The Goldman Sachs Group raised their target price on shares of Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Barclays raised their target price on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $27.24.

Carnival Co. & Stock Performance

Shares of NYSE CCL opened at $25.43 on Friday. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $27.17. The company has a 50-day simple moving average of $25.31 and a 200-day simple moving average of $20.84. The company has a market cap of $29.35 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 0.80 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.

Carnival Co. & (NYSE:CCL) last released its earnings results 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. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the previous year, the firm earned ($0.07) earnings per share. Carnival Co. &’s revenue was up 10.0% compared to the same quarter last year. On average, equities analysts anticipate that Carnival Co. & plc will post 1.74 earnings per share for the current year.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred 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 transaction, the director now directly owns 65,789 shares of the company’s stock, valued at $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 11.00% of the stock is owned by insiders.

Carnival Co. & 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.