Avantax Advisory Services Inc. Has $1.14 Million Holdings in Carnival Co. & plc (NYSE:CCL)

Avantax Advisory Services Inc. grew its position in Carnival Co. & plc (NYSE:CCL) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,816 shares of the company’s stock after purchasing an additional 770 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Carnival Co. & were worth $1,142,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Crewe Advisors LLC grew its holdings in Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock valued at $30,000 after buying an additional 888 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & in the fourth quarter valued at about $34,000. Assetmark Inc. increased its position in Carnival Co. & by 1,431.5% during the third quarter. Assetmark Inc. now owns 1,654 shares of the company’s stock worth $31,000 after acquiring an additional 1,546 shares during the period. Crews Bank & Trust bought a new stake in Carnival Co. & in the 4th quarter valued at about $50,000. Finally, Union Bancaire Privee UBP SA bought a new stake in Carnival Co. & in the 4th quarter valued at about $52,000. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Stock Up 4.7 %

Shares of CCL opened at $21.08 on Thursday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.72. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 0.73 and a beta of 2.66. The stock has a fifty day moving average of $24.31 and a 200-day moving average of $22.92.

Carnival Co. & (NYSE:CCL) last posted 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. The firm had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company earned ($0.07) earnings per share. As a group, sell-side analysts anticipate that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Mizuho lifted their price target on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Morgan Stanley lifted their price objective on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, January 8th. Truist Financial raised their price target on Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. The Goldman Sachs Group boosted 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 increased their price objective on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.89.

About Carnival Co. &

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.