Carnival Co. & plc (NYSE:CCL) Shares Purchased by Goldentree Asset Management LP

Goldentree Asset Management LP grew its holdings in Carnival Co. & plc (NYSE:CCL) by 16.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,151,458 shares of the company’s stock after purchasing an additional 712,469 shares during the quarter. Carnival Co. & comprises about 7.6% of Goldentree Asset Management LP’s investment portfolio, making the stock its 3rd largest position. Goldentree Asset Management LP owned 0.45% of Carnival Co. & worth $95,037,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Ashton Thomas Securities LLC acquired a new stake in shares of Carnival Co. & in the third quarter valued at approximately $25,000. Family Firm Inc. bought a new position in Carnival Co. & in the 2nd quarter valued at $26,000. Hantz Financial Services Inc. acquired a new stake in shares of Carnival Co. & in the 2nd quarter valued at $30,000. Assetmark Inc. raised its position in shares of Carnival Co. & by 1,431.5% during the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after acquiring an additional 1,546 shares during the last quarter. Finally, CVA Family Office LLC lifted its stake in shares of Carnival Co. & by 163.9% during the third quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock valued at $36,000 after acquiring an additional 1,205 shares during the period. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Stock Down 0.8 %

Carnival Co. & stock opened at $25.14 on Friday. The company has a 50 day moving average of $21.71 and a 200-day moving average of $18.30. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $25.80. The stock has a market capitalization of $29.02 billion, a PE ratio of 22.45 and a beta of 2.66. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, beating 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 company had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.82 billion. During the same period last year, the company earned $0.86 earnings per share. The firm’s revenue was up 15.2% compared to the same quarter last year. On average, equities research analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CCL. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Morgan Stanley lifted their price target on shares of Carnival Co. & from $15.00 to $16.50 and gave the stock an “underweight” rating in a research report on Tuesday, October 1st. Barclays increased their price objective 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. Bank of America upped their target price on shares of Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Finally, Stifel Nicolaus increased their price target on Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, September 20th. One 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’s stock. Based on data from MarketBeat.com, Carnival Co. & has a consensus rating of “Moderate Buy” and a consensus price target of $23.91.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction 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 sale, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This represents 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 hyperlink. Corporate 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.