Carnival Co. & (NYSE:CCL) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Carnival Co. & plc NYSE: CCL. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Carnival Co. & stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Carnival Co. & Price Performance

Shares of NYSE CCL traded up $0.35 during trading on Tuesday, reaching $22.48. The company had a trading volume of 15,809,778 shares, compared to its average volume of 24,628,979. The stock has a market capitalization of $26.23 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 0.73 and a beta of 2.50. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The stock has a 50-day moving average price of $19.20 and a two-hundred day moving average price of $23.01. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.14) EPS. As a group, sell-side analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current year.

Hedge Funds Weigh In On Carnival Co. &

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hartford Investment Management Co. boosted its stake in shares of Carnival Co. & by 0.6% in the fourth quarter. Hartford Investment Management Co. now owns 64,231 shares of the company's stock worth $1,601,000 after acquiring an additional 387 shares during the last quarter. Prestige Wealth Management Group LLC lifted its holdings in shares of Carnival Co. & by 23.1% in the 4th quarter. Prestige Wealth Management Group LLC now owns 2,173 shares of the company's stock valued at $54,000 after purchasing an additional 408 shares during the last quarter. Avidian Wealth Enterprises LLC raised its holdings in shares of Carnival Co. & by 4.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 10,698 shares of the company's stock valued at $267,000 after buying an additional 468 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its position in Carnival Co. & by 3.3% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 14,917 shares of the company's stock valued at $372,000 after buying an additional 475 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in Carnival Co. & by 1.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 49,108 shares of the company's stock valued at $1,224,000 after purchasing an additional 521 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CCL. StockNews.com lowered Carnival Co. & from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Mizuho boosted their price objective on shares of Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Morgan Stanley raised shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and reduced their price target for the company from $25.00 to $21.00 in a research report on Thursday, April 10th. Citigroup cut their target price on shares of Carnival Co. & from $31.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Finally, Tigress Financial restated a "buy" rating on shares of Carnival Co. & in a report on Wednesday, March 26th. Seven analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $26.53.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Carnival Co. & Company 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.