14,164 Shares in Carnival Co. & plc (NYSE:CCL) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in Carnival Co. & plc (NYSE:CCL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,164 shares of the company's stock, valued at approximately $353,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hartford Investment Management Co. raised its holdings in Carnival Co. & by 0.6% during the 4th quarter. Hartford Investment Management Co. now owns 64,231 shares of the company's stock valued at $1,601,000 after buying an additional 387 shares during the last quarter. Prestige Wealth Management Group LLC raised its stake in shares of Carnival Co. & by 23.1% during the fourth quarter. Prestige Wealth Management Group LLC now owns 2,173 shares of the company's stock valued at $54,000 after acquiring an additional 408 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in shares of Carnival Co. & by 4.6% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 10,698 shares of the company's stock worth $267,000 after purchasing an additional 468 shares during the period. Sound View Wealth Advisors Group LLC grew its stake in shares of Carnival Co. & by 3.3% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 14,917 shares of the company's stock worth $372,000 after purchasing an additional 475 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB increased its holdings in Carnival Co. & by 12.5% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 5,306 shares of the company's stock valued at $132,000 after purchasing an additional 588 shares during the period. Institutional investors own 67.19% of the company's stock.

Carnival Co. & Stock Down 0.0%

CCL stock traded down $0.01 during trading on Wednesday, reaching $23.92. The stock had a trading volume of 9,484,010 shares, compared to its average volume of 25,550,967. The firm has a fifty day moving average price of $20.02 and a 200 day moving average price of $22.98. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The company has a market capitalization of $27.91 billion, a P/E ratio of 17.21, a PEG ratio of 0.73 and a beta of 2.58. 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 issued its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping 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 quarter last year, the company posted ($0.14) earnings per share. The company's quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities analysts anticipate that Carnival Co. & plc will post 1.77 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CCL. HSBC raised Carnival Co. & from a "reduce" rating to a "hold" rating and set a $24.00 price target for the company in a research note on Friday, May 16th. Hsbc Global Res raised shares of Carnival Co. & from a "moderate sell" rating to a "hold" rating in a research note on Friday, May 16th. Barclays decreased their price target on shares of 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 started coverage on Carnival Co. & in a report on Thursday, March 27th. They set an "outperform" rating and a $26.00 target price on the stock. Finally, Wall Street Zen upgraded Carnival Co. & from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $26.58.

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.