Kentucky Retirement Systems Insurance Trust Fund Lowers Holdings in Carnival Co. & plc (NYSE:CCL)

Kentucky Retirement Systems Insurance Trust Fund reduced its stake in shares of Carnival Co. & plc (NYSE:CCL) by 8.2% in the 3rd quarter, Holdings Channel reports. The fund owned 29,910 shares of the company’s stock after selling 2,669 shares during the period. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Carnival Co. & were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Carnival Co. & by 2.6% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 565,055 shares of the company’s stock valued at $9,228,000 after purchasing an additional 14,569 shares in the last quarter. Covestor Ltd increased its holdings in Carnival Co. & by 476.9% in the first quarter. Covestor Ltd now owns 4,909 shares of the company’s stock valued at $80,000 after buying an additional 4,058 shares in the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of Carnival Co. & by 31.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 33,487 shares of the company’s stock worth $547,000 after acquiring an additional 8,038 shares during the period. UniSuper Management Pty Ltd boosted its stake in shares of Carnival Co. & by 551.2% during the 1st quarter. UniSuper Management Pty Ltd now owns 68,164 shares of the company’s stock worth $1,114,000 after acquiring an additional 57,696 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its position in shares of Carnival Co. & by 7.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 440,890 shares of the company’s stock valued at $7,206,000 after acquiring an additional 28,923 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CCL has been the subject of a number of analyst reports. Mizuho upped their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Tuesday, October 1st. Tigress Financial increased their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 7th. Stifel Nicolaus boosted their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, September 20th. Morgan Stanley increased their price objective on shares of Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a report on Tuesday, October 1st. Finally, Truist Financial lifted their target price on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a research report on Tuesday, July 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.78.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now owns 65,789 shares of the company’s stock, valued at $1,428,937.08. This represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Stock Performance

Shares of Carnival Co. & stock opened at $24.51 on Tuesday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The business’s 50 day moving average price is $20.48 and its 200 day moving average price is $17.75. The company has a market cap of $28.29 billion, a price-to-earnings ratio of 21.88 and a beta of 2.66. Carnival Co. & plc has a one year low of $13.78 and a one year high of $24.99.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.82 billion. During the same quarter in the previous year, the company posted $0.86 EPS. The company’s revenue was up 15.2% compared to the same quarter last year. On average, research analysts predict that Carnival Co. & plc will post 1.33 EPS for the current 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.