Savant Capital LLC Buys 2,046 Shares of Carnival Co. & plc (NYSE:CCL)

Savant Capital LLC grew its stake in Carnival Co. & plc (NYSE:CCL) by 2.1% in the fourth quarter, HoldingsChannel reports. The fund owned 99,394 shares of the company’s stock after acquiring an additional 2,046 shares during the period. Savant Capital LLC’s holdings in Carnival Co. & were worth $2,477,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Nisa Investment Advisors LLC lifted its holdings in Carnival Co. & by 1.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company’s stock worth $4,384,000 after buying an additional 1,678 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Carnival Co. & by 72.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock worth $53,052,000 after acquiring an additional 1,204,500 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of Carnival Co. & during the third quarter valued at $1,140,000. Commonwealth Equity Services LLC boosted its holdings in Carnival Co. & by 1.0% in the third quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock valued at $75,310,000 after acquiring an additional 39,491 shares during the last quarter. Finally, Wedge Capital Management L L P NC increased its position in Carnival Co. & by 10.1% in the third quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after purchasing an additional 24,198 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on CCL shares. Truist Financial upped their target price 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. Stifel Nicolaus increased their price objective on shares of Carnival Co. & from $32.00 to $34.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Wells Fargo & Company lifted their target price 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. The Goldman Sachs Group increased 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. Finally, Citigroup lifted their price objective on Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.11.

Carnival Co. & Stock Performance

CCL opened at $25.88 on Thursday. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The company has a market capitalization of $30.13 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 0.82 and a beta of 2.64. The business’s 50-day moving average price is $25.76 and its two-hundred day moving average price is $21.68. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72.

Carnival Co. & (NYSE:CCL) last released its earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm had revenue of $5.94 billion for the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter in the previous year, the business posted ($0.07) EPS. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. Equities analysts expect that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

Carnival Co. & Company Profile

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.