Hartford Investment Management Co. Has $1.60 Million Holdings in Carnival Co. & plc (NYSE:CCL)

Hartford Investment Management Co. grew its stake in Carnival Co. & plc (NYSE:CCL) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,231 shares of the company’s stock after purchasing an additional 387 shares during the period. Hartford Investment Management Co.’s holdings in Carnival Co. & were worth $1,601,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in shares of Carnival Co. & in the third quarter valued at about $25,000. Crewe Advisors LLC lifted its position in shares of Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares during the period. Assetmark Inc. lifted its position in shares of Carnival Co. & by 1,431.5% in the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after acquiring an additional 1,546 shares during the period. New Wave Wealth Advisors LLC acquired a new stake in shares of Carnival Co. & during the 4th quarter worth approximately $34,000. Finally, Morse Asset Management Inc bought a new stake in shares of Carnival Co. & during the third quarter valued at approximately $46,000. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Trading Down 0.0 %

NYSE CCL opened at $25.89 on Friday. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72. The stock has a 50-day simple moving average of $25.74 and a 200 day simple moving average of $21.71. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The company has a market capitalization of $30.14 billion, a PE ratio of 18.62, a P/E/G ratio of 0.82 and a beta of 2.64.

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, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $5.94 billion. During the same quarter last year, the firm earned ($0.07) EPS. Carnival Co. &’s quarterly revenue was up 10.0% compared to the same quarter last year. Research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently commented on CCL. Wells Fargo & Company raised their target price on Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Bank of America raised their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Citigroup upped their target price on shares of Carnival Co. & from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. The Goldman Sachs Group raised their price target on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, Morgan Stanley upped their price objective on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $27.11.

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.