OneDigital Investment Advisors LLC Has $386,000 Stock Position in Carnival Co. & plc (NYSE:CCL)

OneDigital Investment Advisors LLC lowered its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 71.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,487 shares of the company's stock after selling 38,997 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Carnival Co. & were worth $386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CCL. Crewe Advisors LLC increased its stake in shares of Carnival Co. & by 275.8% during the fourth quarter. Crewe Advisors LLC now owns 1,210 shares of the company's stock valued at $30,000 after acquiring an additional 888 shares during the period. New Wave Wealth Advisors LLC acquired a new stake in shares of Carnival Co. & in the fourth quarter valued at $34,000. Millstone Evans Group LLC bought a new position in Carnival Co. & during the fourth quarter valued at about $34,000. 1620 Investment Advisors Inc. acquired a new stake in Carnival Co. & in the 4th quarter valued at about $42,000. Finally, Morse Asset Management Inc bought a new position in shares of Carnival Co. & during the 3rd quarter valued at about $46,000. Institutional investors own 67.19% of the company's stock.

Carnival Co. & Stock Performance

NYSE:CCL traded up $0.25 during midday trading on Thursday, reaching $18.73. The stock had a trading volume of 11,725,611 shares, compared to its average volume of 26,195,559. The stock has a market capitalization of $21.84 billion, a P/E ratio of 13.46, a PEG ratio of 0.73 and a beta of 2.42. Carnival Co. & plc has a 1-year low of $13.78 and a 1-year high of $28.72. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm's fifty day simple moving average is $20.38 and its 200-day simple moving average is $23.08.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.14) earnings per share. On average, equities research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on CCL shares. StockNews.com upgraded shares of Carnival Co. & from a "hold" rating to a "buy" rating in a report on Friday, April 18th. Truist Financial boosted their target price on Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Morgan Stanley upgraded Carnival Co. & from an "underweight" rating to an "equal weight" rating and decreased their price target for the company from $25.00 to $21.00 in a research report on Thursday, April 10th. Stifel Nicolaus boosted their price objective on Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a report on Monday, March 24th. Finally, BNP Paribas initiated coverage on shares of Carnival Co. & in a report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 target price for the company. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, Carnival Co. & presently has an average rating of "Moderate Buy" and a consensus price target of $26.53.

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