Carnival Co. & plc (NYSE:CCL) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP boosted its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 58.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,056,246 shares of the company's stock after buying an additional 2,593,046 shares during the period. Two Sigma Advisers LP owned 0.61% of Carnival Co. & worth $175,842,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CCL. FMR LLC lifted its holdings in Carnival Co. & by 186.6% in the fourth quarter. FMR LLC now owns 9,898,906 shares of the company's stock worth $246,681,000 after buying an additional 6,444,444 shares during the period. Nuveen Asset Management LLC grew its position in shares of Carnival Co. & by 33.7% in the 4th quarter. Nuveen Asset Management LLC now owns 22,850,042 shares of the company's stock worth $569,423,000 after buying an additional 5,761,489 shares during the period. Vanguard Group Inc. grew its position in shares of Carnival Co. & by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company's stock worth $2,918,022,000 after buying an additional 4,458,329 shares during the period. AQR Capital Management LLC grew its position in shares of Carnival Co. & by 228.8% in the 4th quarter. AQR Capital Management LLC now owns 4,689,305 shares of the company's stock worth $116,857,000 after buying an additional 3,263,204 shares during the period. Finally, D. E. Shaw & Co. Inc. grew its position in shares of Carnival Co. & by 9,220.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 3,297,434 shares of the company's stock worth $82,172,000 after buying an additional 3,262,055 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Price Performance

Shares of NYSE:CCL traded down $0.16 during midday trading on Friday, reaching $22.27. 15,872,579 shares of the company's stock traded hands, compared to its average volume of 25,862,167. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72. The company has a market cap of $25.98 billion, a P/E ratio of 16.02, a PEG ratio of 0.73 and a beta of 2.50. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The company has a fifty day simple moving average of $19.72 and a two-hundred day simple moving average of $23.04.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Carnival Co. &'s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.14) EPS. Equities analysts predict that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

CCL has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price objective on Carnival Co. & from $30.00 to $31.00 and gave the company a "buy" rating in a research note on Monday, March 24th. Macquarie dropped their price target on Carnival Co. & from $31.00 to $26.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Morgan Stanley raised shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and reduced their target price for the company from $25.00 to $21.00 in a report on Thursday, April 10th. Hsbc Global Res upgraded Carnival Co. & from a "moderate sell" rating to a "hold" rating in a research note on Friday, May 16th. Finally, HSBC upgraded Carnival Co. & from a "reduce" rating to a "hold" rating and set a $24.00 price target for the company in a report on Friday, May 16th. 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, Carnival Co. & presently has an average rating of "Moderate Buy" and a consensus target price 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.