National Pension Service Has $49.17 Million Holdings in Carnival Co. & plc (NYSE:CCL)

National Pension Service lifted its holdings in Carnival Co. & plc (NYSE:CCL) by 50.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,660,437 shares of the company’s stock after acquiring an additional 895,603 shares during the period. National Pension Service owned approximately 0.23% of Carnival Co. & worth $49,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CCL. Robeco Institutional Asset Management B.V. bought a new stake in Carnival Co. & in the third quarter worth approximately $1,140,000. Van ECK Associates Corp increased its stake in shares of Carnival Co. & by 2.2% in the 3rd quarter. Van ECK Associates Corp now owns 303,352 shares of the company’s stock valued at $5,606,000 after acquiring an additional 6,672 shares in the last quarter. Clear Creek Financial Management LLC increased its stake in shares of Carnival Co. & by 5.1% in the 3rd quarter. Clear Creek Financial Management LLC now owns 49,252 shares of the company’s stock valued at $910,000 after acquiring an additional 2,370 shares in the last quarter. Lebenthal Global Advisors LLC lifted its position in shares of Carnival Co. & by 11.1% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 36,534 shares of the company’s stock valued at $675,000 after acquiring an additional 3,647 shares during the period. Finally, Reston Wealth Management LLC acquired a new stake in Carnival Co. & in the third quarter worth $85,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CCL shares. Barclays increased their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. Macquarie raised their price objective on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Citigroup boosted their price objective on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Truist Financial lifted their price target on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a research report on Tuesday, July 23rd. Finally, Mizuho boosted their price objective on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.53.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Stock Up 2.5 %

CCL opened at $22.45 on Wednesday. Carnival Co. & plc has a twelve month low of $12.02 and a twelve month high of $23.05. The company’s 50-day moving average price is $19.03 and its two-hundred day moving average price is $17.15. The stock has a market cap of $25.91 billion, a price-to-earnings ratio of 20.04 and a beta of 2.66. 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. & (NYSE:CCL) last posted its quarterly earnings data on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The business had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.82 billion. During the same quarter in the prior year, the business earned $0.86 earnings per share. Carnival Co. &’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, equities analysts expect that Carnival Co. & plc will post 1.33 earnings per share for the current year.

About Carnival Co. &

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.