Boston Private Wealth LLC Has $267,000 Stake in Carnival Co. & plc (NYSE:CCL)

Boston Private Wealth LLC boosted its position in shares of Carnival Co. & plc (NYSE:CCL) by 11.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,712 shares of the company’s stock after acquiring an additional 1,135 shares during the period. Boston Private Wealth LLC’s holdings in Carnival Co. & were worth $267,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC lifted its position in Carnival Co. & by 130.6% during the 2nd quarter. Wagner Wealth Management LLC now owns 1,543 shares of the company’s stock worth $41,000 after acquiring an additional 874 shares during the last quarter. Lindbrook Capital LLC raised its position in shares of Carnival Co. & by 342.3% during the third quarter. Lindbrook Capital LLC now owns 1,548 shares of the company’s stock valued at $39,000 after buying an additional 1,198 shares during the last quarter. Berman Capital Advisors LLC raised its position in shares of Carnival Co. & by 20.3% during the second quarter. Berman Capital Advisors LLC now owns 3,043 shares of the company’s stock valued at $80,000 after buying an additional 514 shares during the last quarter. Financial Insights Inc. acquired a new position in shares of Carnival Co. & during the second quarter valued at about $84,000. Finally, Stonebridge Capital Advisors LLC raised its position in shares of Carnival Co. & by 26.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 3,798 shares of the company’s stock valued at $100,000 after buying an additional 790 shares during the last quarter. 52.99% of the stock is owned by hedge funds and other institutional investors.

Shares of Carnival Co. & stock opened at $22.95 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. Carnival Co. & plc has a 1-year low of $16.32 and a 1-year high of $31.52. The firm’s 50-day moving average price is $20.42 and its two-hundred day moving average price is $22.36.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings data on Monday, December 20th. The company reported ($1.72) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.43) by ($0.29). The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.54 billion. Carnival Co. & had a negative return on equity of 45.28% and a negative net margin of 497.70%. Research analysts anticipate that Carnival Co. & plc will post -0.62 earnings per share for the current fiscal year.

CCL has been the subject of a number of research analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $39.00 price objective on shares of Carnival Co. & in a research report on Wednesday, September 29th. The Goldman Sachs Group cut their price objective on shares of Carnival Co. & from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, December 21st. Citigroup lowered shares of Carnival Co. & from a “buy” rating to a “neutral” rating and cut their price objective for the company from $34.00 to $24.50 in a research report on Monday, October 25th. Credit Suisse Group lowered their target price on shares of Carnival Co. & from $41.00 to $38.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 21st. Finally, UBS Group reissued a “buy” rating and issued a $39.00 target price on shares of Carnival Co. & in a research note on Monday, September 27th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Carnival Co. & presently has an average rating of “Hold” and an average target price of $27.19.

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 Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CCL)

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