GSA Capital Partners LLP Has $285,000 Stock Holdings in Carnival Co. & plc (NYSE:CCL)

GSA Capital Partners LLP lessened its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,409 shares of the company’s stock after selling 1,023 shares during the quarter. GSA Capital Partners LLP’s holdings in Carnival Co. & were worth $285,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CCL. Ashton Thomas Securities LLC bought a new stake in shares of Carnival Co. & in the third quarter valued at approximately $25,000. Family Firm Inc. bought a new stake in Carnival Co. & during the second quarter worth about $26,000. Hantz Financial Services Inc. acquired a new stake in Carnival Co. & during the 2nd quarter valued at $30,000. Assetmark Inc. lifted its position in Carnival Co. & by 1,431.5% during the 3rd 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. Finally, CVA Family Office LLC raised its position 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 purchasing an additional 1,205 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Mizuho lifted their target price on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Tuesday, October 1st. Macquarie raised their price target on Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Tigress Financial lifted their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Finally, Morgan Stanley lifted their price target on Carnival Co. & from $15.00 to $16.50 and gave the stock an “underweight” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.78.

Carnival Co. & Stock Down 1.8 %

CCL stock opened at $24.90 on Friday. The firm has a 50-day moving average price of $21.15 and a 200-day moving average price of $18.02. The stock has a market capitalization of $28.74 billion, a P/E ratio of 22.23 and a beta of 2.66. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $25.60. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $7.82 billion. During the same quarter in the prior year, the firm earned $0.86 EPS. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

Insider Activity at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now owns 65,789 shares in the company, valued at $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.00% of the stock is currently owned by company insiders.

Carnival Co. & Company Profile

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.