Savoir Faire Capital Management L.P. Has $555,000 Position in Carnival Co. & plc (NYSE:CCL)

Savoir Faire Capital Management L.P. cut its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 21.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,018 shares of the company’s stock after selling 8,251 shares during the quarter. Savoir Faire Capital Management L.P.’s holdings in Carnival Co. & were worth $555,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp grew its holdings in Carnival Co. & by 2.6% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 565,055 shares of the company’s stock valued at $9,228,000 after buying an additional 14,569 shares in the last quarter. Covestor Ltd grew its holdings in Carnival Co. & by 476.9% in the 1st 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 lifted its position in shares of Carnival Co. & by 31.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 33,487 shares of the company’s stock valued at $547,000 after acquiring an additional 8,038 shares during the period. UniSuper Management Pty Ltd lifted its position 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 valued at $1,114,000 after acquiring an additional 57,696 shares during the period. Finally, CANADA LIFE ASSURANCE Co lifted 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.

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 on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the sale, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.00% of the stock is currently owned by corporate insiders.

Carnival Co. & Trading Up 0.8 %

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

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The firm had revenue of $7.90 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 15.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 EPS. Equities research analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CCL shares. Stifel Nicolaus upped their target price on Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Bank of America upped their price objective on Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Citigroup upped their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Barclays upped their price objective on Carnival Co. & from $25.00 to $26.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. Finally, Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.78.

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.