36,396 Shares in Carnival Co. & plc (NYSE:CCL) Acquired by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. bought a new position in Carnival Co. & plc (NYSE:CCL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 36,396 shares of the company’s stock, valued at approximately $907,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Crewe Advisors LLC raised its position in shares of Carnival Co. & by 275.8% during the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Carnival Co. & in the 3rd quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Carnival Co. & in the 4th quarter worth about $34,000. Assetmark Inc. boosted its stake 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 period. Finally, Crews Bank & Trust purchased a new position in shares of Carnival Co. & during the 4th quarter worth about $50,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on CCL shares. Sanford C. Bernstein started coverage on shares of Carnival Co. & in a research report on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price objective for the company. Morgan Stanley boosted their price objective on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research report on Wednesday, January 8th. Truist Financial boosted their price objective on shares of Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, January 24th. The Goldman Sachs Group upped their price target on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Citigroup upped their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.11.

Carnival Co. & Stock Up 0.0 %

CCL stock opened at $19.09 on Wednesday. The firm’s fifty day simple moving average is $24.83 and its 200-day simple moving average is $22.82. The company has a market capitalization of $22.22 billion, a P/E ratio of 13.73, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.08 by $0.06. The business had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) EPS. As a group, equities research analysts forecast that Carnival Co. & plc will post 1.77 earnings per share for the current year.

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.