Yeomans Consulting Group Inc. Invests $332,000 in Carnival Co. & plc (NYSE:CCL)

Yeomans Consulting Group Inc. acquired a new stake in shares of Carnival Co. & plc (NYSE:CCL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,320 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in shares of Carnival Co. & in the third quarter worth $25,000. Assetmark Inc. grew 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 buying an additional 1,546 shares in the last quarter. CVA Family Office LLC increased its stake in Carnival Co. & by 163.9% in the 3rd quarter. CVA Family Office LLC now owns 1,940 shares of the company’s stock worth $36,000 after acquiring an additional 1,205 shares during the last quarter. Morse Asset Management Inc purchased a new stake in shares of Carnival Co. & in the 3rd quarter valued at about $46,000. Finally, Avior Wealth Management LLC grew its holdings in shares of Carnival Co. & by 50.7% during the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company’s stock worth $51,000 after purchasing an additional 924 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CCL. Morgan Stanley increased their target price on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research note on Wednesday, January 8th. Stifel Nicolaus increased their target price on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. The Goldman Sachs Group upped their price target on Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Citigroup lifted their price objective on Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Finally, Mizuho boosted their target price on Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.18.

Carnival Co. & Trading Up 1.5 %

NYSE:CCL opened at $25.63 on Friday. The firm has a market capitalization of $29.58 billion, a P/E ratio of 18.44, a PEG ratio of 0.81 and a beta of 2.64. 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. & plc has a one year low of $13.78 and a one year high of $27.17. The company’s 50-day simple moving average is $25.28 and its 200 day simple moving average is $20.80.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. During the same period in the previous year, the firm posted ($0.07) EPS. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. As a group, analysts forecast that Carnival Co. & plc will post 1.74 EPS for the current fiscal year.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.00% of the company’s stock.

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.