EverSource Wealth Advisors LLC Has $1.61 Million Position in Carnival Co. & plc (NYSE:CCL)

EverSource Wealth Advisors LLC reduced its position in shares of Carnival Co. & plc (NYSE:CCL) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,747 shares of the company’s stock after selling 1,566 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Carnival Co. & were worth $1,613,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CCL. Mizuho Securities USA LLC increased its stake in shares of Carnival Co. & by 8,431.1% in the third quarter. Mizuho Securities USA LLC now owns 6,644,000 shares of the company’s stock worth $122,781,000 after acquiring an additional 6,566,120 shares during the last quarter. State Street Corp increased its stake in shares of Carnival Co. & by 5.9% in the third quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after acquiring an additional 2,301,906 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Carnival Co. & in the fourth quarter worth $53,636,000. Wedge Capital Management L L P NC increased its stake in shares of Carnival Co. & by 718.2% in the fourth quarter. Wedge Capital Management L L P NC now owns 2,165,952 shares of the company’s stock worth $53,976,000 after acquiring an additional 1,901,224 shares during the last quarter. Finally, Holocene Advisors LP acquired a new position in shares of Carnival Co. & in the third quarter worth $26,806,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Co. & Stock Up 2.2 %

NYSE CCL opened at $19.52 on Thursday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The firm has a 50-day simple moving average of $24.72 and a 200 day simple moving average of $22.80. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. The stock has a market cap of $22.73 billion, a PE ratio of 14.05, a PEG ratio of 0.73 and a beta of 2.66.

Carnival Co. & (NYSE:CCL) last released its earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating 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 business had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter last year, the company earned ($0.07) earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. On average, research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current year.

Analyst Ratings Changes

CCL has been the topic of a number of research reports. Wells Fargo & Company upped their price target on shares of Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Stifel Nicolaus increased 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. Truist Financial increased 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. Loop Capital assumed coverage on shares of Carnival Co. & in a research report on Tuesday, February 4th. They set a “hold” rating and a $25.00 target price on the stock. Finally, Morgan Stanley increased 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. One 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.11.

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.