Captrust Financial Advisors Purchases 22,774 Shares of Carnival Co. & plc (NYSE:CCL)

Captrust Financial Advisors boosted its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 53.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,032 shares of the company's stock after acquiring an additional 22,774 shares during the quarter. Captrust Financial Advisors' holdings in Carnival Co. & were worth $1,621,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Carnival Co. & by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company's stock worth $2,918,022,000 after buying an additional 4,458,329 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Carnival Co. & by 5.0% in the 4th quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company's stock worth $627,053,000 after buying an additional 1,201,256 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Carnival Co. & by 4.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,649,543 shares of the company's stock worth $464,747,000 after buying an additional 877,694 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Carnival Co. & by 17.7% in the 4th quarter. Renaissance Technologies LLC now owns 18,097,001 shares of the company's stock worth $450,977,000 after buying an additional 2,720,096 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Carnival Co. & by 14.8% in the 4th quarter. Northern Trust Corp now owns 10,638,692 shares of the company's stock worth $265,116,000 after buying an additional 1,374,714 shares during the last quarter. Institutional investors own 67.19% of the company's stock.

Carnival Co. & Stock Performance

Carnival Co. & stock traded down $0.01 during mid-day trading on Monday, reaching $23.38. The company's stock had a trading volume of 19,177,046 shares, compared to its average volume of 26,157,049. Carnival Co. & plc has a 12-month low of $13.78 and a 12-month high of $28.72. The company has a market capitalization of $27.28 billion, a P/E ratio of 16.82, a PEG ratio of 0.73 and a beta of 2.50. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The firm's fifty day moving average price is $19.53 and its two-hundred day moving average price is $23.05.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CCL shares. Northcoast Research started coverage on Carnival Co. & in a research note on Friday, April 25th. They issued a "neutral" rating on the stock. Macquarie decreased their price target on shares of Carnival Co. & from $31.00 to $26.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Loop Capital decreased their price target on shares of Carnival Co. & from $25.00 to $21.00 and set a "hold" rating for the company in a research note on Monday, March 24th. Citigroup decreased their price target on shares of Carnival Co. & from $31.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Finally, William Blair restated an "outperform" rating on shares of Carnival Co. & in a research note on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.53.

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.