Carnival Co. & plc (NYSE:CCL) Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC grew its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 820.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,906 shares of the company's stock after acquiring an additional 14,178 shares during the quarter. CoreCap Advisors LLC's holdings in Carnival Co. & were worth $396,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CCL. Corton Capital Inc. purchased a new position in Carnival Co. & in the fourth quarter worth about $359,000. Cetera Investment Advisers grew its stake in shares of Carnival Co. & by 8.6% during the 4th quarter. Cetera Investment Advisers now owns 252,731 shares of the company's stock valued at $6,298,000 after purchasing an additional 20,057 shares during the period. Bridgefront Capital LLC purchased a new stake in Carnival Co. & in the fourth quarter worth about $758,000. Cantor Fitzgerald L. P. purchased a new stake in Carnival Co. & in the fourth quarter worth about $2,316,000. Finally, Captrust Financial Advisors increased its position in Carnival Co. & by 53.9% in the fourth quarter. Captrust Financial Advisors now owns 65,032 shares of the company's stock worth $1,621,000 after buying an additional 22,774 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Carnival Co. & Trading Up 1.1%

CCL traded up $0.24 during trading on Wednesday, hitting $22.98. 28,245,648 shares of the stock were exchanged, compared to its average volume of 26,251,048. 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 has a market cap of $26.81 billion, a price-to-earnings ratio of 16.53, a P/E/G ratio of 0.73 and a beta of 2.50. The firm has a 50 day simple moving average of $19.24 and a 200 day simple moving average of $23.01. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.14) EPS. As a group, equities analysts expect that Carnival Co. & plc will post 1.77 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CCL shares. Tigress Financial reaffirmed a "buy" rating on shares of Carnival Co. & in a research note on Wednesday, March 26th. Barclays dropped their price target on Carnival Co. & from $32.00 to $26.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. BNP Paribas assumed coverage on Carnival Co. & in a research note on Thursday, March 27th. They set an "outperform" rating and a $26.00 price target for the company. Mizuho increased their price target on Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research note on Monday, March 24th. Finally, Citigroup dropped their price target on Carnival Co. & from $31.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Six analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.53.

About Carnival Co. &

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.