Carnival Co. & plc (NYSE:CCL) Shares Purchased by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System raised its holdings in shares of Carnival Co. & plc (NYSE:CCLFree Report) by 0.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 992,916 shares of the company’s stock after acquiring an additional 1,490 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Carnival Co. & were worth $13,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Carnival Co. & by 19.5% during the 3rd quarter. Vanguard Group Inc. now owns 109,251,208 shares of the company’s stock worth $768,036,000 after purchasing an additional 17,815,226 shares during the last quarter. Bessemer Group Inc. lifted its position in Carnival Co. & by 226,253.4% during the second quarter. Bessemer Group Inc. now owns 35,748,000 shares of the company’s stock valued at $673,135,000 after buying an additional 35,732,207 shares in the last quarter. Geode Capital Management LLC lifted its position in Carnival Co. & by 2.8% during the second quarter. Geode Capital Management LLC now owns 21,069,510 shares of the company’s stock valued at $395,684,000 after buying an additional 565,439 shares in the last quarter. Two Sigma Advisers LP lifted its position in Carnival Co. & by 27.6% during the first quarter. Two Sigma Advisers LP now owns 11,197,800 shares of the company’s stock valued at $113,658,000 after buying an additional 2,423,700 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Carnival Co. & by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,279,978 shares of the company’s stock valued at $74,797,000 after purchasing an additional 736,456 shares during the period. 55.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Carnival Co. &

In related news, CFO David Bernstein sold 34,020 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $17.05, for a total value of $580,041.00. Following the completion of the transaction, the chief financial officer now directly owns 335,976 shares in the company, valued at approximately $5,728,390.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 11.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on CCL shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Carnival Co. & from $14.00 to $18.00 and gave the company a “hold” rating in a research note on Friday, December 22nd. Macquarie boosted their target price on shares of Carnival Co. & from $16.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, December 29th. Wells Fargo & Company upgraded shares of Carnival Co. & from an “equal weight” rating to an “overweight” rating and set a $22.00 target price for the company in a research note on Friday, January 5th. Truist Financial boosted their price target on shares of Carnival Co. & from $15.00 to $18.00 and gave the company a “hold” rating in a report on Thursday, January 18th. Finally, Citigroup boosted their price target on shares of Carnival Co. & from $19.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.56.

Get Our Latest Stock Analysis on Carnival Co. &

Carnival Co. & Stock Performance

Carnival Co. & stock opened at $15.31 on Monday. The company has a debt-to-equity ratio of 4.14, a current ratio of 0.46 and a quick ratio of 0.41. The stock has a fifty day moving average price of $17.31 and a two-hundred day moving average price of $15.49. Carnival Co. & plc has a 52-week low of $8.37 and a 52-week high of $19.74. The firm has a market capitalization of $17.14 billion, a P/E ratio of -127.57 and a beta of 2.57.

Carnival Co. & (NYSE:CCLGet Free Report) last announced its quarterly earnings data on Thursday, December 21st. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.06. The firm had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.29 billion. Carnival Co. & had a positive return on equity of 0.02% and a negative net margin of 0.34%. The company’s revenue was up 40.6% on a year-over-year basis. During the same period last year, the company earned ($0.85) earnings per share. As a group, analysts anticipate that Carnival Co. & plc will post 1 EPS for the current fiscal year.

About Carnival Co. &

(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 and private islands, 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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