Gulf International Bank UK Ltd Has $1.47 Million Stock Position in Carnival Co. & plc (NYSE:CCL)

Gulf International Bank UK Ltd decreased its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 4.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,434 shares of the company’s stock after selling 3,457 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Carnival Co. & were worth $1,467,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Empowered Funds LLC increased its stake in shares of Carnival Co. & by 29.4% during the 1st quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock worth $269,000 after purchasing an additional 3,741 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Carnival Co. & by 1.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock worth $75,310,000 after purchasing an additional 39,491 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Carnival Co. & by 72.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 246,026 shares of the company’s stock worth $4,223,000 after purchasing an additional 103,501 shares during the last quarter. Wedge Capital Management L L P NC increased its stake in shares of Carnival Co. & by 10.1% during the 3rd quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after purchasing an additional 24,198 shares during the last quarter. Finally, Cetera Advisors LLC increased its stake in shares of Carnival Co. & by 38.3% during the 1st quarter. Cetera Advisors LLC now owns 40,708 shares of the company’s stock worth $665,000 after purchasing an additional 11,276 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Co. & Trading Down 2.3 %

Shares of Carnival Co. & stock opened at $23.68 on Friday. The stock has a market capitalization of $27.33 billion, a P/E ratio of 21.14 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. The company has a 50-day simple moving average of $19.18 and a 200 day simple moving average of $17.19. Carnival Co. & plc has a 12-month low of $12.23 and a 12-month high of $24.34.

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Citigroup upped their price objective on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. upped their price objective on shares of Carnival Co. & from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Tigress Financial upped their price objective on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Finally, Truist Financial upped their price objective on shares of Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.53.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.00% of the company’s stock.

Carnival Co. & Company 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.