Vise Technologies Inc. purchased a new position in shares of 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. The institutional investor purchased 14,751 shares of the company's stock, valued at approximately $368,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in CCL. Measured Risk Portfolios Inc. bought a new position in shares of Carnival Co. & during the 4th quarter worth $29,000. Crewe Advisors LLC grew its position in shares of Carnival Co. & by 275.8% during the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company's stock worth $30,000 after buying an additional 888 shares in the last quarter. Orion Capital Management LLC bought a new position in shares of Carnival Co. & during the 4th quarter worth $30,000. New Wave Wealth Advisors LLC bought a new position in shares of Carnival Co. & during the 4th quarter worth $34,000. Finally, Millstone Evans Group LLC bought a new position in shares of Carnival Co. & during the 4th quarter worth $34,000. Institutional investors own 67.19% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on CCL shares. Morgan Stanley raised Carnival Co. & from an "underweight" rating to an "equal weight" rating and dropped their price target for the stock from $25.00 to $21.00 in a research report on Thursday, April 10th. Loop Capital dropped their price target on Carnival Co. & from $25.00 to $21.00 and set a "hold" rating on the stock in a research report on Monday, March 24th. Tigress Financial reissued a "buy" rating on shares of Carnival Co. & in a research report on Wednesday, March 26th. Northcoast Research started coverage on Carnival Co. & in a research report on Friday, April 25th. They set a "neutral" rating on the stock. Finally, Hsbc Global Res raised Carnival Co. & from a "moderate sell" rating to a "hold" rating in a research report on Friday, May 16th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.53.
View Our Latest Stock Report on Carnival Co. &
Carnival Co. & Stock Up 0.3%
NYSE CCL traded up $0.07 during trading on Friday, hitting $23.23. The company's stock had a trading volume of 22,337,630 shares, compared to its average volume of 25,727,177. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The company has a market cap 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 business's 50 day simple moving average is $19.90 and its 200-day simple moving average is $22.99. Carnival Co. & plc has a fifty-two week low of $13.78 and a fifty-two week 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 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $5.74 billion. During the same quarter last year, the company earned ($0.14) earnings per share. The company's quarterly revenue was up 7.5% on a year-over-year basis. On average, equities analysts anticipate that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.
Carnival Co. & Profile
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Free Report)
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.
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