State of New Jersey Common Pension Fund D Has $6.92 Million Stake in Carnival Co. & plc (NYSE:CCL)

State of New Jersey Common Pension Fund D decreased its position in Carnival Co. & plc (NYSE:CCL) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 374,368 shares of the company’s stock after selling 14,653 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Carnival Co. & were worth $6,918,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. River Global Investors LLP grew its position in shares of Carnival Co. & by 5.0% in the third quarter. River Global Investors LLP now owns 72,907 shares of the company’s stock valued at $1,348,000 after purchasing an additional 3,471 shares during the last quarter. Sigma Planning Corp grew its position in shares of Carnival Co. & by 23.7% in the third quarter. Sigma Planning Corp now owns 39,877 shares of the company’s stock valued at $737,000 after purchasing an additional 7,633 shares during the last quarter. Assetmark Inc. grew its position in shares of Carnival Co. & by 1,431.5% in the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock valued at $31,000 after purchasing an additional 1,546 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Carnival Co. & in the third quarter valued at approximately $135,000. Finally, Aspire Wealth Management Corp grew its position in shares of Carnival Co. & by 3.8% in the third quarter. Aspire Wealth Management Corp now owns 27,348 shares of the company’s stock valued at $505,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CCL shares. Macquarie increased their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Tigress Financial increased their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Mizuho increased their price target on 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 raised Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Finally, Truist Financial increased their price target on Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.53.

Insider Activity at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the sale, the director now directly owns 65,789 shares in the company, valued at $1,428,937.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.00% of the stock is currently owned by company insiders.

Carnival Co. & Stock Up 2.2 %

Shares of CCL opened at $24.60 on Tuesday. Carnival Co. & plc has a 52 week low of $12.45 and a 52 week high of $24.73. The stock has a market capitalization of $28.39 billion, a price-to-earnings ratio of 22.03 and a beta of 2.66. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The stock has a fifty day moving average of $19.48 and a 200-day moving average of $17.34.

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. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The company had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.82 billion. During the same period in the prior year, the company earned $0.86 EPS. Carnival Co. &’s revenue was up 15.2% compared to the same quarter last year. As a group, sell-side analysts anticipate 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.