Hotchkis & Wiley Capital Management LLC Buys 12,330 Shares of Carnival Co. & plc (NYSE:CCL)

Hotchkis & Wiley Capital Management LLC grew its position in shares of Carnival Co. & plc (NYSE:CCL) by 29.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,700 shares of the company’s stock after buying an additional 12,330 shares during the quarter. Hotchkis & Wiley Capital Management LLC’s holdings in Carnival Co. & were worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of CCL. Cetera Advisors LLC grew its stake in shares of Carnival Co. & by 38.3% during the 1st quarter. Cetera Advisors LLC now owns 40,708 shares of the company’s stock valued at $665,000 after purchasing an additional 11,276 shares during the period. Park Avenue Securities LLC grew its position in Carnival Co. & by 20.0% during the second quarter. Park Avenue Securities LLC now owns 33,645 shares of the company’s stock valued at $630,000 after buying an additional 5,603 shares during the period. Czech National Bank grew its position in Carnival Co. & by 8.5% during the second quarter. Czech National Bank now owns 192,481 shares of the company’s stock valued at $3,603,000 after buying an additional 15,158 shares during the period. Artemis Investment Management LLP bought a new position in Carnival Co. & in the second quarter worth approximately $9,242,000. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Carnival Co. & by 2.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 26,174 shares of the company’s stock worth $490,000 after acquiring an additional 737 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Stock Up 0.6 %

CCL opened at $26.60 on Friday. The company has a market capitalization of $30.70 billion, a PE ratio of 23.75 and a beta of 2.67. The firm has a 50-day simple moving average of $22.45 and a two-hundred day simple moving average of $18.69. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $27.17.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The company had revenue of $7.90 billion during the quarter, compared to analyst estimates of $7.82 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The firm’s revenue was up 15.2% on a year-over-year basis. Analysts forecast that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Bank of America upped their price objective on Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Morgan Stanley raised their price objective on Carnival Co. & from $15.00 to $16.50 and gave the stock an “underweight” rating in a research note on Tuesday, October 1st. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research note on Tuesday, September 3rd. Mizuho raised their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Stifel Nicolaus lifted their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a report on Friday, September 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.79.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Profile

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.