Carnival Co. & plc (NYSE:CCL) Shares Bought by Rhumbline Advisers

Rhumbline Advisers grew its holdings in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 8.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,912,145 shares of the company's stock after buying an additional 152,538 shares during the quarter. Rhumbline Advisers owned 0.16% of Carnival Co. & worth $37,344,000 at the end of the most recent quarter.

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

Carnival Co. & Stock Performance

Shares of NYSE:CCL traded up $0.29 on Friday, hitting $24.31. The company's stock had a trading volume of 16,618,537 shares, compared to its average volume of 25,435,460. The company has a market capitalization of $28.36 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 0.73 and a beta of 2.58. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72. The stock's 50-day moving average is $20.19 and its two-hundred day moving average is $22.98.

Carnival Co. & (NYSE:CCL - Get Free Report) last announced its earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. The firm had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. Carnival Co. &'s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.14) EPS. On average, equities research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on CCL shares. Macquarie decreased their price target on Carnival Co. & from $31.00 to $26.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Morgan Stanley upgraded shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and decreased their target price for the company from $25.00 to $21.00 in a research note on Thursday, April 10th. Tigress Financial reaffirmed a "buy" rating on shares of Carnival Co. & in a research note on Wednesday, March 26th. Northcoast Research started coverage on shares of Carnival Co. & in a report on Friday, April 25th. They issued a "neutral" rating 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 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 an average rating of "Moderate Buy" and an average price target of $26.47.

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.