Friedenthal Financial Has $811,000 Stake in Carnival Co. & plc (NYSE:CCL)

Friedenthal Financial grew its position in Carnival Co. & plc (NYSE:CCL) by 2,026.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,557 shares of the company’s stock after buying an additional 31,026 shares during the quarter. Friedenthal Financial’s holdings in Carnival Co. & were worth $811,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Encompass Wealth Advisors LLC lifted its stake in Carnival Co. & by 2.9% during the third quarter. Encompass Wealth Advisors LLC now owns 16,079 shares of the company’s stock worth $297,000 after purchasing an additional 451 shares during the last quarter. Graypoint LLC lifted its position in shares of Carnival Co. & by 5.3% during the 4th quarter. Graypoint LLC now owns 11,074 shares of the company’s stock worth $276,000 after buying an additional 560 shares during the last quarter. Metis Global Partners LLC boosted its stake in Carnival Co. & by 2.0% in the third quarter. Metis Global Partners LLC now owns 32,393 shares of the company’s stock valued at $599,000 after buying an additional 621 shares in the last quarter. PFG Investments LLC grew its position in Carnival Co. & by 2.8% in the third quarter. PFG Investments LLC now owns 23,659 shares of the company’s stock valued at $437,000 after acquiring an additional 641 shares during the last quarter. Finally, Synovus Financial Corp raised its stake in Carnival Co. & by 5.5% during the third quarter. Synovus Financial Corp now owns 13,456 shares of the company’s stock worth $249,000 after acquiring an additional 700 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Co. & Trading Down 1.6 %

Shares of CCL stock traded down $0.39 during trading hours on Monday, hitting $23.88. 15,751,072 shares of the company were exchanged, compared to its average volume of 20,198,420. The firm has a market cap of $27.56 billion, a P/E ratio of 21.32 and a beta of 2.64. Carnival Co. & plc has a fifty-two week low of $13.78 and a fifty-two week high of $27.17. The company has a 50 day simple moving average of $25.06 and a two-hundred day simple moving average of $20.41. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.94 billion. During the same quarter in the prior year, the business earned ($0.07) earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. Equities analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, December 23rd. Wells Fargo & Company upped their price target on shares of Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Tigress Financial boosted their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Sanford C. Bernstein started coverage on Carnival Co. & in a research report on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 target price for the company. Finally, The Goldman Sachs Group lifted their price target on Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.18.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.00% of the stock is owned by insiders.

Carnival Co. & 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.