Marshall Wace LLP Has $3.33 Million Stake in Carnival Co. & plc (NYSE:CCL)

Marshall Wace LLP trimmed its holdings in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 83.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 133,529 shares of the company's stock after selling 676,694 shares during the quarter. Marshall Wace LLP's holdings in Carnival Co. & were worth $3,328,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CCL. Crewe Advisors LLC boosted its holdings in shares of Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company's stock valued at $30,000 after buying an additional 888 shares during the last quarter. New Wave Wealth Advisors LLC bought a new position in shares of Carnival Co. & in the 4th quarter valued at about $34,000. Millstone Evans Group LLC acquired a new position in shares of Carnival Co. & during the 4th quarter worth about $34,000. 1620 Investment Advisors Inc. acquired a new stake in Carnival Co. & in the 4th quarter valued at about $42,000. Finally, Mizuho Bank Ltd. acquired a new position in Carnival Co. & during the fourth quarter worth approximately $46,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays reduced their target price on shares of Carnival Co. & from $32.00 to $26.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. BNP Paribas initiated coverage on Carnival Co. & in a research note on Thursday, March 27th. They set an "outperform" rating and a $26.00 target price on the stock. Northcoast Research started coverage on Carnival Co. & in a research report on Friday, April 25th. They set a "neutral" rating on the stock. Mizuho boosted their target price on shares of Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Finally, Truist Financial raised their price target on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Seven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $26.53.

Carnival Co. & Trading Up 2.3 %

Shares of CCL stock traded up $0.43 during trading hours on Thursday, hitting $18.77. 6,205,338 shares of the company's stock traded hands, compared to its average volume of 26,156,358. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72. The stock has a market cap of $21.89 billion, a PE ratio of 13.50, a price-to-earnings-growth ratio of 0.73 and a beta of 2.42. The stock's 50 day simple moving average is $19.74 and its 200 day simple moving average is $23.05.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS 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 for the quarter, compared to analyst estimates of $5.74 billion. During the same quarter in the previous year, the company posted ($0.14) EPS. The business's revenue was up 7.5% on a year-over-year basis. On average, sell-side analysts anticipate that Carnival Co. & plc will post 1.77 EPS for the current year.

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.