Atria Wealth Solutions Inc. Boosts Stock Holdings in Carnival Co. & plc (NYSE:CCL)

Atria Wealth Solutions Inc. raised its position in shares of Carnival Co. & plc (NYSE:CCL) by 21.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,658 shares of the company’s stock after acquiring an additional 10,789 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Carnival Co. & were worth $1,512,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CCL. Crewe Advisors LLC boosted its position in Carnival Co. & by 275.8% during the fourth 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 last quarter. Ashton Thomas Securities LLC purchased a new position in Carnival Co. & in the 3rd quarter worth approximately $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & during the 4th quarter worth approximately $34,000. Assetmark Inc. boosted its holdings in shares of Carnival Co. & by 1,431.5% during the 3rd quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after purchasing an additional 1,546 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in shares of Carnival Co. & in the fourth quarter valued at approximately $50,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Loop Capital initiated coverage on Carnival Co. & in a research report on Tuesday, February 4th. They set a “hold” rating and a $25.00 price objective on the stock. Truist Financial lifted their price target on Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, January 24th. Wells Fargo & Company upped their price objective on shares of Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Stifel Nicolaus lifted their target price on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Finally, Citigroup boosted their target price on shares of Carnival Co. & from $30.00 to $31.00 and gave the company a “buy” rating in a report on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.11.

Carnival Co. & Stock Down 5.6 %

Shares of NYSE CCL opened at $23.19 on Monday. 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 business’s 50 day moving average is $25.64 and its two-hundred day moving average is $22.24. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The firm has a market cap of $26.99 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.73 and a beta of 2.64.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data 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 firm had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter in the previous year, the business earned ($0.07) EPS. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Research analysts predict that Carnival Co. & plc will post 1.77 EPS for the current year.

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.