Carnival Co. & plc (NYSE:CCL) Shares Acquired by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp raised its stake in shares of Carnival Co. & plc (NYSE:CCLFree Report) by 4.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 465,576 shares of the company’s stock after acquiring an additional 17,770 shares during the period. CHURCHILL MANAGEMENT Corp’s holdings in Carnival Co. & were worth $7,608,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Sunbelt Securities Inc. grew its holdings in shares of Carnival Co. & by 4.1% in the third quarter. Sunbelt Securities Inc. now owns 15,248 shares of the company’s stock valued at $209,000 after purchasing an additional 601 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Carnival Co. & by 10.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,341 shares of the company’s stock valued at $136,000 after purchasing an additional 689 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Carnival Co. & by 7.5% in the first quarter. GAMMA Investing LLC now owns 10,356 shares of the company’s stock valued at $169,000 after purchasing an additional 726 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its holdings 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 in the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Carnival Co. & by 66.7% in the fourth quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock valued at $37,000 after purchasing an additional 800 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CCL. Truist Financial lowered their price target on shares of Carnival Co. & from $18.00 to $17.00 and set a “hold” rating for the company in a report on Wednesday, May 29th. Stifel Nicolaus lowered their price target on shares of Carnival Co. & from $26.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, March 28th. Wells Fargo & Company boosted their price target on shares of Carnival Co. & from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Friday, May 17th. UBS Group boosted their price objective on shares of Carnival Co. & from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, May 14th. Finally, The Goldman Sachs Group initiated coverage on shares of Carnival Co. & in a research report on Wednesday, March 13th. They set a “buy” rating and a $20.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.61.

Check Out Our Latest Report on CCL

Carnival Co. & Price Performance

Shares of NYSE:CCL traded up $0.01 on Friday, reaching $16.07. 25,164,163 shares of the company were exchanged, compared to its average volume of 25,825,524. The company has a current ratio of 0.36, a quick ratio of 0.32 and a debt-to-equity ratio of 4.27. Carnival Co. & plc has a 1-year low of $10.84 and a 1-year high of $19.74. The firm has a market cap of $18.04 billion, a price-to-earnings ratio of 61.81 and a beta of 2.57. The company has a 50-day moving average of $15.25 and a 200-day moving average of $16.12.

Carnival Co. & (NYSE:CCLGet Free Report) last issued its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.04. The firm had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.42 billion. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%. The firm’s revenue was up 22.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.55) EPS. Equities analysts forecast that Carnival Co. & plc will post 1.01 earnings per share for the current fiscal year.

Carnival Co. & Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CCL)

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