Aspire Wealth Management Corp Buys 1,000 Shares of Carnival Co. & plc (NYSE:CCL)

Aspire Wealth Management Corp boosted its stake in Carnival Co. & plc (NYSE:CCL) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,348 shares of the company’s stock after buying an additional 1,000 shares during the period. Aspire Wealth Management Corp’s holdings in Carnival Co. & were worth $505,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Private Advisor Group LLC grew its position in shares of Carnival Co. & by 4.0% in the 1st quarter. Private Advisor Group LLC now owns 71,195 shares of the company’s stock worth $1,163,000 after buying an additional 2,760 shares during the period. Janney Montgomery Scott LLC grew its holdings in Carnival Co. & by 49.2% in the first quarter. Janney Montgomery Scott LLC now owns 277,108 shares of the company’s stock worth $4,528,000 after purchasing an additional 91,350 shares during the period. Texas Permanent School Fund Corp increased its stake in shares of Carnival Co. & by 0.4% during the first quarter. Texas Permanent School Fund Corp now owns 206,795 shares of the company’s stock valued at $3,379,000 after purchasing an additional 729 shares in the last quarter. Empowered Funds LLC increased its stake in Carnival Co. & by 29.4% during the 1st quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock valued at $269,000 after purchasing an additional 3,741 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Carnival Co. & by 224.5% in the first quarter. SG Americas Securities LLC now owns 1,006,321 shares of the company’s stock worth $16,443,000 after buying an additional 696,250 shares during the last quarter. 67.19% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred 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 sale, the director now owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CCL shares. Stifel Nicolaus raised their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Mizuho upped their price target on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Tuesday, October 1st. Macquarie boosted their target price on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Barclays raised their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Finally, Morgan Stanley boosted their price objective on shares of Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, Carnival Co. & currently has an average rating of “Moderate Buy” and a consensus price target of $23.53.

Carnival Co. & Stock Performance

Shares of CCL stock traded up $0.27 during trading hours on Friday, reaching $23.95. 3,980,433 shares of the company traded hands, compared to its average volume of 29,737,990. The firm has a 50-day moving average price of $19.18 and a 200 day moving average price of $17.19. The company has a market cap of $27.64 billion, a P/E ratio of 21.14 and a beta of 2.66. Carnival Co. & plc has a 12-month low of $12.23 and a 12-month high of $24.34. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.30 and a quick ratio of 0.26.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.82 billion. During the same period in the prior year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. As a group, sell-side analysts predict that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

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.