Carnival Co. & plc (NYSE:CCL) Holdings Raised by Signaturefd LLC

Signaturefd LLC grew its stake in shares of Carnival Co. & plc (NYSE:CCL) by 6.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,477 shares of the company’s stock after purchasing an additional 785 shares during the period. Signaturefd LLC’s holdings in Carnival Co. & were worth $249,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of Carnival Co. & by 29.4% during the first quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock valued at $269,000 after purchasing an additional 3,741 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Carnival Co. & by 1.0% during 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 during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Carnival Co. & by 72.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 246,026 shares of the company’s stock worth $4,223,000 after acquiring an additional 103,501 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake 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 acquiring an additional 24,198 shares in the last quarter. Finally, Cetera Advisors LLC lifted its stake in Carnival Co. & by 38.3% in the 1st quarter. Cetera Advisors LLC now owns 40,708 shares of the company’s stock worth $665,000 after acquiring an additional 11,276 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CCL shares. Mizuho increased their price objective on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. increased their price objective on Carnival Co. & from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th. Citigroup increased their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Macquarie raised their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, Tigress Financial raised their price target on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $23.53.

Carnival Co. & Stock Performance

Shares of NYSE CCL opened at $20.91 on Friday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The firm has a market cap of $23.47 billion, a price-to-earnings ratio of 32.17 and a beta of 2.69. The business’s 50-day simple moving average is $18.19 and its 200-day simple moving average is $16.74. Carnival Co. & plc has a 52 week low of $10.95 and a 52 week high of $21.80.

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

About Carnival Co. &

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.