Ensign Peak Advisors Inc trimmed its position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 479,264 shares of the company's stock after selling 29,393 shares during the period. Ensign Peak Advisors Inc's holdings in Carnival Co. & were worth $11,943,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its stake in Carnival Co. & by 8.5% in the 3rd quarter. Franklin Resources Inc. now owns 58,985 shares of the company's stock valued at $1,192,000 after buying an additional 4,601 shares in the last quarter. Principal Financial Group Inc. boosted its position in Carnival Co. & by 3.2% in the third quarter. Principal Financial Group Inc. now owns 1,161,417 shares of the company's stock valued at $21,463,000 after buying an additional 35,745 shares in the last quarter. Graypoint LLC grew its stake in Carnival Co. & by 5.3% during the fourth quarter. Graypoint LLC now owns 11,074 shares of the company's stock worth $276,000 after buying an additional 560 shares during the last quarter. Czech National Bank grew its stake in Carnival Co. & by 9.5% during the fourth quarter. Czech National Bank now owns 225,262 shares of the company's stock worth $5,614,000 after buying an additional 19,472 shares during the last quarter. Finally, EWG Elevate Inc. increased its holdings in shares of Carnival Co. & by 128.2% during the fourth quarter. EWG Elevate Inc. now owns 29,907 shares of the company's stock worth $745,000 after buying an additional 16,800 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.
Carnival Co. & Trading Up 1.8%
Shares of Carnival Co. & stock traded up $0.42 on Friday, hitting $23.42. 18,633,256 shares of the company's stock traded hands, compared to its average volume of 26,183,754. The firm's 50-day moving average price is $19.36 and its two-hundred day moving average price is $23.01. The stock has a market capitalization of $27.32 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.73 and a beta of 2.50. Carnival Co. & plc has a one year low of $13.78 and a one 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.
Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 EPS 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 analysts' expectations of $5.74 billion. During the same quarter in the prior year, the company earned ($0.14) EPS. The firm's quarterly revenue was up 7.5% on a year-over-year basis. On average, research analysts expect that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
CCL has been the subject of several recent analyst reports. Mizuho boosted their target price on Carnival Co. & from $32.00 to $33.00 and gave the stock an "outperform" rating in a report on Monday, March 24th. Stifel Nicolaus boosted their target price on Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a report on Monday, March 24th. Macquarie reduced their target price on Carnival Co. & from $31.00 to $26.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. StockNews.com raised Carnival Co. & from a "hold" rating to a "buy" rating in a report on Wednesday. Finally, Citigroup reduced their target price on Carnival Co. & from $31.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $26.68.
Read Our Latest Report on CCL
Carnival Co. & Profile
(
Free Report)
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.
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