Natixis Advisors L.P. Buys 250,333 Shares of Carnival Co. & plc (NYSE:CCL)

Natixis Advisors L.P. increased its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 606.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,593 shares of the company's stock after purchasing an additional 250,333 shares during the period. Natixis Advisors L.P.'s holdings in Carnival Co. & were worth $5,406,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its holdings in Carnival Co. & by 4.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 15,248 shares of the company's stock worth $209,000 after purchasing an additional 601 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Carnival Co. & by 10.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,341 shares of the company's stock worth $136,000 after acquiring an additional 689 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in shares of Carnival Co. & by 67.2% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company's stock valued at $34,000 after purchasing an additional 739 shares during the last quarter. Signaturefd LLC grew its holdings in Carnival Co. & by 8.7% in the 4th quarter. Signaturefd LLC now owns 10,648 shares of the company's stock valued at $197,000 after buying an additional 852 shares during the last quarter. Finally, Great Valley Advisor Group Inc. increased its position in Carnival Co. & by 5.7% in the 4th quarter. Great Valley Advisor Group Inc. now owns 18,066 shares of the company's stock worth $335,000 after buying an additional 981 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

Shares of Carnival Co. & stock traded down $0.13 during midday trading on Friday, reaching $14.43. The company had a trading volume of 16,374,035 shares, compared to its average volume of 25,706,494. The stock has a fifty day simple moving average of $15.43 and a 200 day simple moving average of $15.63. Carnival Co. & plc has a 1-year low of $9.68 and a 1-year high of $19.74. The company has a current ratio of 0.36, a quick ratio of 0.32 and a debt-to-equity ratio of 4.27. The company has a market capitalization of $16.20 billion, a price-to-earnings ratio of 55.50 and a beta of 2.53.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings results on Wednesday, March 27th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.04. The business had revenue of $5.41 billion for the quarter, compared to analysts' expectations of $5.42 billion. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The firm's quarterly revenue was up 22.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.55) earnings per share. As a group, equities research analysts forecast that Carnival Co. & plc will post 1.02 earnings per share for the current year.

Analyst Ratings Changes

CCL has been the subject of several research analyst reports. William Blair reiterated an "outperform" rating on shares of Carnival Co. & in a research note on Monday, April 22nd. Argus reduced their price objective on Carnival Co. & from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Monday, April 1st. Susquehanna cut their target price on Carnival Co. & from $23.00 to $22.00 and set a "positive" rating for the company in a research note on Monday, March 25th. Stifel Nicolaus decreased their price target on shares of Carnival Co. & from $26.00 to $25.00 and set a "buy" rating on the stock in a research note on Thursday, March 28th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an "overweight" rating in a research report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat.com, Carnival Co. & presently has an average rating of "Moderate Buy" and a consensus price target of $21.47.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 153,995 shares of Carnival Co. & stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the completion of the sale, the chief financial officer now owns 181,981 shares of the company's stock, valued at approximately $2,797,047.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 11.00% of the stock is currently owned by company insiders.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.