4,805 Shares in Carnival Co. & plc (NYSE:CCL) Bought by Ethos Financial Group LLC

Ethos Financial Group LLC bought a new position in Carnival Co. & plc (NYSE:CCL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,805 shares of the company’s stock, valued at approximately $120,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Crewe Advisors LLC boosted its stake 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 worth $30,000 after buying an additional 888 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Carnival Co. & during the 3rd quarter worth about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & during 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 buying an additional 1,546 shares during the last quarter. Finally, Crews Bank & Trust acquired a new position in shares of Carnival Co. & during the 4th quarter worth about $50,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on CCL. Loop Capital began coverage on shares of Carnival Co. & in a research note on Tuesday, February 4th. They set a “hold” rating and a $25.00 price objective for the company. The Goldman Sachs Group increased their price objective on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Barclays upped their target price on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Mizuho upped their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company upped their target price on shares of Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.11.

Carnival Co. & Stock Down 1.2 %

Carnival Co. & stock opened at $20.62 on Friday. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. The company’s 50-day moving average price is $25.07 and its two-hundred day moving average price is $22.68. The stock has a market cap of $24.00 billion, a P/E ratio of 14.83, a P/E/G ratio of 0.73 and a beta of 2.66. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

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

Carnival Co. & 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.