Guggenheim Capital LLC Has $2.03 Million Stock Position in Carnival Co. & plc (NYSE:CCL)

Guggenheim Capital LLC raised its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 87.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,389 shares of the company's stock after buying an additional 38,034 shares during the period. Guggenheim Capital LLC's holdings in Carnival Co. & were worth $2,028,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Morse Asset Management Inc bought a new stake in shares of Carnival Co. & during the third quarter worth approximately $46,000. Sanctuary Advisors LLC increased its holdings in Carnival Co. & by 70.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 56,928 shares of the company's stock valued at $1,052,000 after buying an additional 23,579 shares during the period. World Investment Advisors LLC acquired a new position in shares of Carnival Co. & in the 3rd quarter valued at approximately $252,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Carnival Co. & during the 3rd quarter worth approximately $87,000. Finally, Tidal Investments LLC boosted its position in shares of Carnival Co. & by 2.9% during the 3rd quarter. Tidal Investments LLC now owns 73,147 shares of the company's stock worth $1,352,000 after acquiring an additional 2,033 shares in the last quarter. Institutional investors own 67.19% of the company's stock.

Carnival Co. & Trading Down 0.3 %

Carnival Co. & stock traded down $0.06 during trading hours on Friday, reaching $18.64. 5,620,023 shares of the company's stock were exchanged, compared to its average volume of 26,141,598. The firm's 50 day simple moving average is $20.23 and its 200 day simple moving average is $23.09. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. The firm has a market capitalization of $21.75 billion, a PE ratio of 13.40, a PEG ratio of 0.73 and a beta of 2.42. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CCL. BNP Paribas started coverage on Carnival Co. & in a report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 target price on the stock. Citigroup decreased their target price on Carnival Co. & from $31.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Northcoast Research initiated coverage on shares of Carnival Co. & in a report on Friday. They issued a "neutral" rating for the company. Barclays decreased their price target on shares of Carnival Co. & from $32.00 to $26.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, Truist Financial increased their price objective on shares of Carnival Co. & from $29.00 to $30.00 and gave the company a "hold" rating in a research note on Friday, January 24th. Six analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus 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.