True North Advisors LLC Increases Holdings in Carnival Co. & plc (NYSE:CCL)

True North Advisors LLC boosted its stake in shares of Carnival Co. & plc (NYSE:CCL) by 7.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,479 shares of the company’s stock after buying an additional 1,150 shares during the quarter. True North Advisors LLC’s holdings in Carnival Co. & were worth $436,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Advisory Alpha LLC grew its holdings in Carnival Co. & by 18.1% during the fourth quarter. Advisory Alpha LLC now owns 16,413 shares of the company’s stock valued at $409,000 after purchasing an additional 2,510 shares during the period. Nisa Investment Advisors LLC raised its stake in Carnival Co. & by 1.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company’s stock valued at $4,384,000 after acquiring an additional 1,678 shares during the period. Ballentine Partners LLC purchased a new stake in shares of Carnival Co. & during the 4th quarter valued at approximately $214,000. UMB Bank n.a. grew its position in shares of Carnival Co. & by 5.1% in the fourth quarter. UMB Bank n.a. now owns 11,615 shares of the company’s stock valued at $289,000 after purchasing an additional 561 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in shares of Carnival Co. & by 2.6% during the 4th quarter. HB Wealth Management LLC now owns 25,155 shares of the company’s stock valued at $627,000 after purchasing an additional 637 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

CCL has been the subject of several analyst reports. Bank of America lifted their target price on Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Barclays upped their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. The Goldman Sachs Group lifted their target price on shares of Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Morgan Stanley increased their price objective on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research report on Wednesday, January 8th. Finally, Tigress Financial lifted their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $27.18.

Insider Activity at Carnival Co. &

In other news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred on 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 directly owns 65,789 shares in the company, valued at $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Trading Down 1.3 %

NYSE:CCL opened at $25.28 on Thursday. Carnival Co. & plc has a one year low of $13.78 and a one year high of $27.17. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm has a market capitalization of $29.17 billion, a P/E ratio of 18.18, a PEG ratio of 0.81 and a beta of 2.64. The company’s 50-day simple moving average is $25.27 and its 200 day simple moving average is $20.77.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.94 billion. During the same period last year, the business earned ($0.07) EPS. Carnival Co. &’s revenue was up 10.0% compared to the same quarter last year. As a group, analysts forecast that Carnival Co. & plc will post 1.74 EPS for the current fiscal year.

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.