Schonfeld Strategic Advisors LLC acquired a new stake in shares of Carnival Co. & plc (NYSE:CCL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,428 shares of the company's stock, valued at approximately $733,000.
A number of other large investors have also bought and sold shares of CCL. Nisa Investment Advisors LLC increased its holdings in Carnival Co. & by 1.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company's stock worth $4,384,000 after acquiring an additional 1,678 shares during the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of Carnival Co. & by 153.4% in the fourth quarter. Illinois Municipal Retirement Fund now owns 336,502 shares of the company's stock worth $8,386,000 after purchasing an additional 203,710 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Carnival Co. & by 26.6% in the fourth quarter. Private Advisor Group LLC now owns 86,837 shares of the company's stock valued at $2,164,000 after purchasing an additional 18,269 shares during the period. Convergence Investment Partners LLC lifted its stake in shares of Carnival Co. & by 54.4% during the 4th quarter. Convergence Investment Partners LLC now owns 40,202 shares of the company's stock valued at $1,002,000 after buying an additional 14,165 shares in the last quarter. Finally, Norges Bank purchased a new position in Carnival Co. & in the 4th quarter valued at approximately $59,486,000. 67.19% of the stock is owned by hedge funds and other institutional investors.
Carnival Co. & Trading Down 0.3 %
NYSE CCL opened at $20.18 on Friday. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The stock's fifty day moving average price is $19.20 and its 200-day moving average price is $22.97. The stock has a market cap of $23.54 billion, a P/E ratio of 14.52, a P/E/G ratio of 0.73 and a beta of 2.50.
Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.74 billion. During the same period last year, the business earned ($0.14) EPS. Carnival Co. &'s revenue was up 7.5% compared to the same quarter last year. As a group, equities analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently commented on CCL. Tigress Financial reaffirmed a "buy" rating on shares of Carnival Co. & in a report on Wednesday, March 26th. Mizuho upped their price target on Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Loop Capital reduced their price objective on shares of Carnival Co. & from $25.00 to $21.00 and set a "hold" rating for the company in a research note on Monday, March 24th. Morgan Stanley upgraded shares of Carnival Co. & from an "underweight" rating to an "equal weight" rating and lowered their target price for the stock from $25.00 to $21.00 in a research note on Thursday, April 10th. Finally, William Blair reaffirmed an "outperform" rating on shares of Carnival Co. & in a report on Monday, March 10th. Seven research 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 has a consensus rating of "Moderate Buy" and a consensus price target of $26.53.
View Our Latest Stock Report on CCL
Carnival Co. & Company Profile
(
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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