Toronto Dominion Bank Acquires 26,828 Shares of Carnival Co. & plc (NYSE:CCL)

Toronto Dominion Bank lifted its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 584,639 shares of the company's stock after buying an additional 26,828 shares during the period. Toronto Dominion Bank owned approximately 0.05% of Carnival Co. & worth $14,569,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CCL. Vanguard Group Inc. lifted its stake in shares of Carnival Co. & by 4.0% in the fourth quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company's stock worth $2,918,022,000 after acquiring an additional 4,458,329 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Carnival Co. & by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company's stock worth $627,053,000 after purchasing an additional 1,201,256 shares during the period. Nuveen Asset Management LLC raised its position in shares of Carnival Co. & by 33.7% during the 4th quarter. Nuveen Asset Management LLC now owns 22,850,042 shares of the company's stock worth $569,423,000 after purchasing an additional 5,761,489 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Carnival Co. & by 4.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,649,543 shares of the company's stock worth $464,747,000 after purchasing an additional 877,694 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Carnival Co. & by 17.7% during the 4th quarter. Renaissance Technologies LLC now owns 18,097,001 shares of the company's stock worth $450,977,000 after purchasing an additional 2,720,096 shares during the period. Hedge funds and other institutional investors own 67.19% of the company's stock.

Carnival Co. & Price Performance

Shares of NYSE:CCL traded up $0.07 during trading on Friday, reaching $23.23. The stock had a trading volume of 22,337,630 shares, compared to its average volume of 25,743,182. The stock has a market capitalization of $27.10 billion, a PE ratio of 16.71, a P/E/G ratio of 0.73 and a beta of 2.50. 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. & plc has a 52 week low of $13.78 and a 52 week high of $28.72. The business's 50-day moving average price is $19.86 and its 200 day moving average price is $23.01.

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

Analyst Ratings Changes

CCL has been the topic of a number of research reports. HSBC upgraded Carnival Co. & from a "reduce" rating to a "hold" rating and set a $24.00 price target on the stock in a research report on Friday, May 16th. Morgan Stanley raised Carnival Co. & from an "underweight" rating to an "equal weight" rating and decreased their price objective for the stock from $25.00 to $21.00 in a report on Thursday, April 10th. William Blair reissued an "outperform" rating on shares of Carnival Co. & in a report on Monday, March 10th. Barclays decreased 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. Finally, Northcoast Research started coverage on Carnival Co. & in a research note on Friday, April 25th. They set a "neutral" rating for the company. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.