Norinchukin Bank The Has $972,000 Holdings in Carnival Co. & plc (NYSE:CCL)

Norinchukin Bank The raised its position in Carnival Co. & plc (NYSE:CCL) by 3.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 38,985 shares of the company’s stock after purchasing an additional 1,232 shares during the period. Norinchukin Bank The’s holdings in Carnival Co. & were worth $972,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CCL. Morse Asset Management Inc bought a new stake in Carnival Co. & during the third quarter valued at $46,000. World Investment Advisors LLC acquired a new stake in Carnival Co. & during the third quarter worth approximately $252,000. Wilmington Savings Fund Society FSB bought a new stake in Carnival Co. & in the third quarter worth approximately $87,000. Tidal Investments LLC lifted its stake in Carnival Co. & by 2.9% in the third quarter. Tidal Investments LLC now owns 73,147 shares of the company’s stock valued at $1,352,000 after buying an additional 2,033 shares during the period. Finally, Synovus Financial Corp grew its position in shares of Carnival Co. & by 5.5% during the 3rd quarter. Synovus Financial Corp now owns 13,456 shares of the company’s stock worth $249,000 after buying an additional 700 shares during the period. 67.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CCL has been the topic of a number of research reports. Loop Capital dropped their target price on shares of Carnival Co. & from $25.00 to $21.00 and set a “hold” rating on the stock in a research report on Monday, March 24th. Mizuho upped their price objective on shares of Carnival Co. & from $32.00 to $33.00 and gave the company an “outperform” rating in a report on Monday, March 24th. Citigroup reduced their target price on Carnival Co. & from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Monday, March 24th. BNP Paribas initiated coverage on Carnival Co. & in a research note on Thursday, March 27th. They set an “outperform” rating and a $26.00 price target on the stock. Finally, StockNews.com raised Carnival Co. & from a “hold” rating to a “buy” rating in a research note on Friday. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.84.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $17.24 on Tuesday. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The stock has a market cap of $20.11 billion, a P/E ratio of 12.40, a P/E/G ratio of 0.73 and a beta of 2.42. The company’s 50 day moving average price is $20.70 and its two-hundred day moving average price is $23.15. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.72.

Carnival Co. & (NYSE:CCL) last released its earnings results 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 firm had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $5.74 billion. During the same period in the prior year, the firm earned ($0.14) EPS. The company’s revenue was up 7.5% compared to the same quarter last year. On average, equities analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current year.

About Carnival Co. &

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.