Strs Ohio Has $896,000 Stock Position in Carnival Co. & plc (NYSE:CCL)

Strs Ohio lessened its stake in Carnival Co. & plc (NYSE:CCL) by 19.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,335 shares of the company’s stock after selling 11,800 shares during the period. Strs Ohio’s holdings in Carnival Co. & were worth $896,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CCL. Friedenthal Financial bought a new stake in Carnival Co. & during the fourth quarter valued at $28,000. Massmutual Trust Co. FSB ADV lifted its stake in Carnival Co. & by 67.2% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock valued at $34,000 after buying an additional 739 shares during the period. Hanseatic Management Services Inc. acquired a new stake in shares of Carnival Co. & during the 3rd quarter worth approximately $30,000. Planned Solutions Inc. bought a new stake in shares of Carnival Co. & in the 4th quarter valued at $41,000. Finally, First Horizon Advisors Inc. lifted its position in shares of Carnival Co. & by 254.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,792 shares of the company’s stock valued at $38,000 after acquiring an additional 2,004 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Carnival Co. &

In other news, CFO David Bernstein sold 153,995 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the completion of the transaction, the chief financial officer now directly owns 181,981 shares of the company’s stock, valued at approximately $2,797,047.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CCL has been the subject of several research analyst reports. Susquehanna decreased their price target on shares of Carnival Co. & from $23.00 to $22.00 and set a “positive” rating for the company in a research note on Monday, March 25th. The Goldman Sachs Group assumed coverage on Carnival Co. & in a research note on Wednesday, March 13th. They set a “buy” rating and a $20.00 price target on the stock. Stifel Nicolaus reduced their price objective on Carnival Co. & from $26.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, March 28th. Tigress Financial boosted their price objective on Carnival Co. & from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. Finally, Truist Financial increased their target price on Carnival Co. & from $15.00 to $18.00 and gave the stock a “hold” rating in a report on Thursday, January 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $21.47.

Carnival Co. & Trading Up 1.5 %

NYSE:CCL opened at $15.01 on Thursday. Carnival Co. & plc has a 52 week low of $8.70 and a 52 week high of $19.74. The firm has a 50-day moving average price of $15.58 and a two-hundred day moving average price of $15.44. The firm has a market cap of $16.85 billion, a price-to-earnings ratio of 57.73 and a beta of 2.54. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.32 and a current ratio of 0.36.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The business had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.42 billion. During the same quarter in the previous year, the firm earned ($0.55) earnings per share. The business’s revenue was up 22.0% on a year-over-year basis. On average, equities analysts expect that Carnival Co. & plc will post 1.01 earnings per share for the current fiscal year.

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.