Dumont & Blake Investment Advisors LLC Buys Shares of 19,060 Carnival Co. & plc (NYSE:CCL)

Dumont & Blake Investment Advisors LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CCL) in the third quarter, Holdings Channel.com reports. The fund purchased 19,060 shares of the company’s stock, valued at approximately $352,000.

Several other institutional investors have also recently made changes to their positions in the company. Continuum Advisory LLC increased its stake in Carnival Co. & by 22.1% during the second quarter. Continuum Advisory LLC now owns 3,480 shares of the company’s stock worth $65,000 after acquiring an additional 630 shares during the last quarter. Texas Permanent School Fund Corp raised its holdings in Carnival Co. & by 0.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 206,795 shares of the company’s stock valued at $3,379,000 after buying an additional 729 shares during the period. Sequoia Financial Advisors LLC lifted its position in Carnival Co. & by 2.9% in the second quarter. Sequoia Financial Advisors LLC now owns 26,174 shares of the company’s stock valued at $490,000 after buying an additional 737 shares during the last quarter. Fidelis Capital Partners LLC boosted its stake in Carnival Co. & by 6.6% during the second quarter. Fidelis Capital Partners LLC now owns 12,368 shares of the company’s stock worth $232,000 after buying an additional 764 shares during the period. Finally, Signaturefd LLC increased its position in shares of Carnival Co. & by 6.2% during the third quarter. Signaturefd LLC now owns 13,477 shares of the company’s stock valued at $249,000 after acquiring an additional 785 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

CCL has been the subject of a number of research analyst reports. Mizuho increased their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 1st. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Citigroup boosted their price objective on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Tigress Financial lifted 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. Finally, Macquarie boosted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Carnival Co. & currently has an average rating of “Moderate Buy” and an average price target of $23.53.

Carnival Co. & Stock Down 0.1 %

Shares of NYSE CCL opened at $20.89 on Friday. The business has a 50-day moving average of $18.08 and a two-hundred day moving average of $16.70. The company has a market capitalization of $23.45 billion, a price-to-earnings ratio of 32.14 and a beta of 2.69. Carnival Co. & plc has a 1 year low of $10.95 and a 1 year high of $21.80. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.30 and a quick ratio of 0.26.

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

Carnival Co. & Company Profile

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.