CX Institutional Has $478,000 Holdings in Carnival Co. & plc (NYSE:CCL)

CX Institutional raised its holdings in Carnival Co. & plc (NYSE:CCL) by 45.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,184 shares of the company’s stock after purchasing an additional 5,955 shares during the quarter. CX Institutional’s holdings in Carnival Co. & were worth $478,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. grew its holdings in Carnival Co. & by 72.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock worth $53,052,000 after acquiring an additional 1,204,500 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of Carnival Co. & during the third quarter valued at approximately $1,140,000. Commonwealth Equity Services LLC increased its holdings in shares of Carnival Co. & by 1.0% in the third quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock valued at $75,310,000 after purchasing an additional 39,491 shares in the last quarter. Wedge Capital Management L L P NC raised its position in Carnival Co. & by 10.1% in the 3rd quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after purchasing an additional 24,198 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Carnival Co. & by 181.7% in the 3rd quarter. Cerity Partners LLC now owns 123,815 shares of the company’s stock valued at $2,288,000 after buying an additional 79,857 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CCL shares. Sanford C. Bernstein started coverage on Carnival Co. & in a research note on Tuesday, November 26th. They set a “market perform” rating and a $26.00 price target on the stock. Citigroup lifted their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Macquarie raised their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. The Goldman Sachs Group lifted their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, Tigress Financial raised their target price on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $27.24.

Insider Activity at Carnival Co. &

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

Carnival Co. & Trading Down 0.7 %

NYSE CCL opened at $25.43 on Friday. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $27.17. 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 stock’s 50 day moving average price is $25.33 and its two-hundred day moving average price is $20.89. The stock has a market capitalization of $29.35 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 0.80 and a beta of 2.64.

Carnival Co. & (NYSE:CCL) last announced its earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.08 by $0.06. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The business had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. As a group, analysts anticipate that Carnival Co. & plc will post 1.74 earnings per share for the current fiscal year.

Carnival Co. & Profile

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.