Carnival Co. & plc (NYSE:CCL) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its position in Carnival Co. & plc (NYSE:CCL – Get Rating) by 4.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,489,431 shares of the company’s stock after selling 199,312 shares during the period. Dimensional Fund Advisors LP owned approximately 0.40% of Carnival Co. & worth $31,686,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust lifted its stake in shares of Carnival Co. & by 69.8% in the third quarter. Parkside Financial Bank & Trust now owns 4,147 shares of the company’s stock valued at $29,000 after purchasing an additional 1,705 shares during the period. Spire Wealth Management lifted its stake in shares of Carnival Co. & by 58.3% in the third quarter. Spire Wealth Management now owns 4,376 shares of the company’s stock valued at $31,000 after purchasing an additional 1,612 shares during the period. Heritage Wealth Management LLC acquired a new stake in shares of Carnival Co. & in the second quarter valued at about $46,000. Guardian Wealth Advisors LLC acquired a new stake in shares of Carnival Co. & in the third quarter valued at about $47,000. Finally, Wipfli Financial Advisors LLC acquired a new stake in shares of Carnival Co. & in the third quarter valued at about $63,000. Institutional investors and hedge funds own 49.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Credit Suisse Group dropped their target price on shares of Carnival Co. & from $19.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, December 22nd. Citigroup raised their target price on shares of Carnival Co. & from $9.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, January 31st. Stifel Nicolaus raised their target price on shares of Carnival Co. & from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, December 14th. Barclays raised their target price on shares of Carnival Co. & from $10.00 to $12.00 and gave the company an “overweight” rating in a report on Thursday, December 15th. Finally, StockNews.com upgraded shares of Carnival Co. & to a “sell” rating in a report on Thursday, December 22nd. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $11.71.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $11.11 on Friday. Carnival Co. & plc has a 1 year low of $6.11 and a 1 year high of $21.50. The firm has a 50 day moving average price of $10.42 and a 200 day moving average price of $9.57. The company has a market cap of $12.37 billion, a price-to-earnings ratio of -2.14 and a beta of 2.22. The company has a debt-to-equity ratio of 4.52, a quick ratio of 0.67 and a current ratio of 0.71.

Carnival Co. & (NYSE:CCL – Get Rating) last released its earnings results on Wednesday, December 21st. The company reported ($0.85) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.04. The firm had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.96 billion. Carnival Co. & had a negative net margin of 50.07% and a negative return on equity of 64.76%. Sell-side analysts predict that Carnival Co. & plc will post -0.18 earnings per share for the current year.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 107,119 shares of Carnival Co. & stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $11.08, for a total transaction of $1,186,878.52. Following the transaction, the chief financial officer now directly owns 286,041 shares of the company’s stock, valued at $3,169,334.28. The sale was disclosed in a filing with the SEC, which is available at this link. 12.50% of the stock is currently owned by corporate insiders.

Carnival Co. & Profile

(Get Rating)

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.