21,700 Shares in Carnival Co. & plc (NYSE:CCL) Bought by Advisor Resource Council

Advisor Resource Council acquired a new position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,700 shares of the company's stock, valued at approximately $541,000.

Other institutional investors have also made changes to their positions in the company. Forum Financial Management LP increased its position in Carnival Co. & by 12.7% in the 4th quarter. Forum Financial Management LP now owns 22,611 shares of the company's stock worth $563,000 after buying an additional 2,551 shares during the period. Toronto Dominion Bank grew its stake in shares of Carnival Co. & by 4.8% in the fourth quarter. Toronto Dominion Bank now owns 584,639 shares of the company's stock worth $14,569,000 after acquiring an additional 26,828 shares during the last quarter. Neo Ivy Capital Management increased its position in Carnival Co. & by 29.7% during the fourth quarter. Neo Ivy Capital Management now owns 119,640 shares of the company's stock worth $2,981,000 after acquiring an additional 27,408 shares during the period. Vise Technologies Inc. bought a new position in Carnival Co. & during the fourth quarter worth $368,000. Finally, Pinkerton Retirement Specialists LLC acquired a new position in Carnival Co. & during the 4th quarter valued at $1,186,000. 67.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and dropped their price objective for the stock from $25.00 to $21.00 in a report on Thursday, April 10th. Hsbc Global Res raised Carnival Co. & from a "moderate sell" rating to a "hold" rating in a report on Friday, May 16th. Northcoast Research began coverage on Carnival Co. & in a report on Friday, April 25th. They set a "neutral" rating on the stock. Tigress Financial reissued a "buy" rating on shares of Carnival Co. & in a report on Wednesday, March 26th. Finally, Mizuho raised their price objective on shares of Carnival Co. & from $32.00 to $33.00 and gave the stock an "outperform" rating in a report on Monday, March 24th. Eight analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $26.53.

Carnival Co. & Price Performance

Shares of Carnival Co. & stock traded up $0.16 during trading on Thursday, reaching $23.16. The company's stock had a trading volume of 14,918,614 shares, compared to its average volume of 25,804,166. The stock has a 50-day moving average price of $19.83 and a two-hundred day moving average price of $23.02. The stock has a market capitalization of $27.01 billion, a P/E ratio of 16.66, 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. Carnival Co. & plc has a one year low of $13.78 and a one year high of $28.72.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $5.74 billion. During the same period in the prior year, the firm earned ($0.14) earnings per share. Carnival Co. &'s revenue was up 7.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

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.