Carnival Co. & plc (NYSE:CCL) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its holdings in Carnival Co. & plc (NYSE:CCL) by 50.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 98,450 shares of the company’s stock after buying an additional 32,943 shares during the period. Mizuho Securities USA LLC’s holdings in Carnival Co. & were worth $2,453,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CCL. Crewe Advisors LLC boosted its stake in Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new position in shares of Carnival Co. & in the fourth quarter worth $34,000. Millstone Evans Group LLC purchased a new stake in shares of Carnival Co. & during the fourth quarter valued at $34,000. 1620 Investment Advisors Inc. acquired a new position in shares of Carnival Co. & in the 4th quarter valued at $42,000. Finally, Morse Asset Management Inc acquired a new position in shares of Carnival Co. & in the 3rd quarter valued at $46,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Truist Financial boosted their price target on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Mizuho increased their price target on shares of Carnival Co. & from $32.00 to $33.00 and gave the stock an “outperform” rating in a report on Monday. The Goldman Sachs Group raised their price target on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Loop Capital dropped their price objective on shares of Carnival Co. & from $25.00 to $21.00 and set a “hold” rating on the stock in a report on Monday. Finally, Morgan Stanley raised their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.72.

Carnival Co. & Trading Up 2.5 %

Shares of NYSE:CCL opened at $21.46 on Tuesday. The business’s 50 day moving average price is $24.14 and its 200-day moving average price is $23.07. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72. The firm has a market capitalization of $24.98 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25.

Carnival Co. & (NYSE:CCL) last announced its earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. During the same quarter last year, the business earned ($0.14) earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, equities research analysts forecast that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

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.