Mizuho Securities USA LLC Increases Position in Carnival Co. & plc (NYSE:CCL)

Mizuho Securities USA LLC boosted its position in Carnival Co. & plc (NYSE:CCL) by 8,431.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,644,000 shares of the company’s stock after acquiring an additional 6,566,120 shares during the quarter. Mizuho Securities USA LLC owned 0.58% of Carnival Co. & worth $122,781,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of Carnival Co. & during the 3rd quarter valued at about $25,000. Family Firm Inc. purchased a new stake in shares of Carnival Co. & in the 2nd quarter valued at $26,000. Hantz Financial Services Inc. bought a new position in shares of Carnival Co. & during the 2nd quarter valued at $30,000. Assetmark Inc. lifted its stake in Carnival Co. & by 1,431.5% in the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after purchasing an additional 1,546 shares during the last quarter. Finally, CVA Family Office LLC increased its stake in shares of Carnival Co. & by 163.9% in the third quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after buying an additional 1,205 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the 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 sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 11.00% of the stock is owned by company insiders.

Carnival Co. & Trading Down 0.1 %

Shares of NYSE:CCL opened at $24.29 on Friday. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $24.99. The company has a market cap of $28.03 billion, a PE ratio of 21.69 and a beta of 2.66. The stock has a 50 day moving average of $20.31 and a 200 day moving average of $17.64. 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. & (NYSE:CCL) last announced its quarterly earnings data on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. The business had revenue of $7.90 billion for 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 business’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 earnings per share. As a group, equities research analysts expect that Carnival Co. & plc will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CCL. Hsbc Global Res upgraded shares of Carnival Co. & to a “moderate sell” rating in a report on Tuesday, September 3rd. Mizuho lifted their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Tuesday, October 1st. Macquarie raised their target price on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Tigress Financial increased their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Finally, Morgan Stanley boosted their target price 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 investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.78.

Carnival Co. & Profile

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.