Sargent Investment Group LLC Has $564,000 Stake in Carnival Co. & plc (NYSE:CCL)

Sargent Investment Group LLC lifted its holdings in Carnival Co. & plc (NYSE:CCL) by 19.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,524 shares of the company’s stock after purchasing an additional 4,955 shares during the period. Sargent Investment Group LLC’s holdings in Carnival Co. & were worth $564,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of CCL. Encompass Wealth Advisors LLC raised its stake in shares of 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 buying an additional 451 shares during the last quarter. Metis Global Partners LLC raised its holdings in Carnival Co. & by 2.0% in the 3rd quarter. Metis Global Partners LLC now owns 32,393 shares of the company’s stock valued at $599,000 after acquiring an additional 621 shares during the period. Continuum Advisory LLC boosted its stake in shares of Carnival Co. & by 22.1% in the second quarter. Continuum Advisory LLC now owns 3,480 shares of the company’s stock valued at $65,000 after buying an additional 630 shares during the period. PFG Investments LLC lifted its stake in Carnival Co. & by 2.8% in the 3rd quarter. PFG Investments LLC now owns 23,659 shares of the company’s stock valued at $437,000 after purchasing an additional 641 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Carnival Co. & by 2.9% during the second quarter. Sequoia Financial Advisors LLC now owns 26,174 shares of the company’s stock worth $490,000 after buying an additional 737 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’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 transaction, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 11.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CCL has been the topic of several analyst reports. Tigress Financial upped their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 7th. Macquarie increased their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. increased their price objective on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Citigroup increased their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Finally, Bank of America boosted their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.78.

Carnival Co. & Price Performance

Shares of Carnival Co. & stock traded up $0.21 during trading hours on Thursday, reaching $24.76. 9,038,026 shares of the company’s stock were exchanged, compared to its average volume of 29,566,268. The business has a fifty day moving average of $19.97 and a two-hundred day moving average of $17.52. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $28.58 billion, a P/E ratio of 21.92 and a beta of 2.66. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $24.99.

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