Carnival Co. & plc (NYSE:CCL) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC boosted its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 33.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,850,042 shares of the company's stock after acquiring an additional 5,761,489 shares during the period. Nuveen Asset Management LLC owned 1.96% of Carnival Co. & worth $569,423,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Measured Risk Portfolios Inc. acquired a new position in Carnival Co. & in the 4th quarter valued at about $29,000. Mubadala Investment Co PJSC acquired a new position in Carnival Co. & in the 4th quarter valued at about $4,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Carnival Co. & by 5.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,732 shares of the company's stock valued at $2,660,000 after acquiring an additional 5,277 shares during the period. Lazard Asset Management LLC increased its position in Carnival Co. & by 11.0% during the 4th quarter. Lazard Asset Management LLC now owns 120,147 shares of the company's stock worth $2,994,000 after purchasing an additional 11,922 shares during the period. Finally, Janus Henderson Group PLC increased its position in Carnival Co. & by 4.2% during the 4th quarter. Janus Henderson Group PLC now owns 59,499 shares of the company's stock worth $1,483,000 after purchasing an additional 2,380 shares during the period. Institutional investors and hedge funds own 67.19% of the company's stock.

Carnival Co. & Price Performance

CCL stock traded up $0.42 on Friday, reaching $23.42. The company had a trading volume of 18,633,256 shares, compared to its average volume of 26,171,364. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $28.72. 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's fifty day moving average is $19.45 and its 200 day moving average is $23.02. The company has a market cap of $27.32 billion, a P/E ratio of 16.85, a PEG ratio of 0.73 and a beta of 2.50.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted 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. 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 prior year, the company earned ($0.14) EPS. Carnival Co. &'s revenue was up 7.5% on a year-over-year basis. On average, research analysts forecast that Carnival Co. & plc will post 1.77 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on CCL. Loop Capital dropped their target price 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. StockNews.com upgraded Carnival Co. & from a "hold" rating to a "buy" rating in a research report on Wednesday. Morgan Stanley upgraded Carnival Co. & from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $25.00 to $21.00 in a research report on Thursday, April 10th. Truist Financial boosted their target price on Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Finally, Hsbc Global Res upgraded Carnival Co. & from a "moderate sell" rating to a "hold" rating in a research report on Friday. Eight analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $26.68.

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.