Sigma Planning Corp Has $951,000 Position in Carnival Co. & plc (NYSE:CCL)

Sigma Planning Corp cut its position in shares of Carnival Co. & plc (NYSE:CCL) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,154 shares of the company’s stock after selling 1,723 shares during the quarter. Sigma Planning Corp’s holdings in Carnival Co. & were worth $951,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC grew its stake in shares of Carnival Co. & by 1.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company’s stock worth $4,384,000 after acquiring an additional 1,678 shares in the last quarter. Convergence Investment Partners LLC grew its position in Carnival Co. & by 54.4% in the fourth quarter. Convergence Investment Partners LLC now owns 40,202 shares of the company’s stock valued at $1,002,000 after purchasing an additional 14,165 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Carnival Co. & by 72.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock valued at $53,052,000 after buying an additional 1,204,500 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in Carnival Co. & during the 3rd quarter worth about $1,140,000. Finally, Cerity Partners LLC boosted its stake in shares of Carnival Co. & by 181.7% during the 3rd quarter. Cerity Partners LLC now owns 123,815 shares of the company’s stock worth $2,288,000 after buying an additional 79,857 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Co. & Trading Up 0.4 %

Shares of NYSE:CCL opened at $23.74 on Wednesday. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $28.72. The business has a 50 day moving average of $25.55 and a 200-day moving average of $22.37. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The stock has a market cap of $27.63 billion, a PE ratio of 17.08, a P/E/G ratio of 0.73 and a beta of 2.64.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the previous year, the company posted ($0.07) EPS. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. As a group, equities research analysts forecast that Carnival Co. & plc will post 1.77 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on CCL. Citigroup lifted their target price on Carnival Co. & from $30.00 to $31.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Truist Financial boosted their price target on Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Loop Capital assumed coverage on Carnival Co. & in a report on Tuesday, February 4th. They issued a “hold” rating and a $25.00 price objective for the company. Barclays boosted their target price 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. Finally, Sanford C. Bernstein assumed coverage on shares of Carnival Co. & in a research note on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned 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 $27.11.

Carnival Co. & Profile

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.