MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $2.66 Million Stock Position in Carnival Co. & plc (NYSE:CCL)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,732 shares of the company’s stock after purchasing an additional 5,277 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Carnival Co. & were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of CCL. Vanguard Group Inc. raised its stake in shares of Carnival Co. & by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company’s stock valued at $2,918,022,000 after acquiring an additional 4,458,329 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Carnival Co. & by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company’s stock worth $627,053,000 after buying an additional 1,201,256 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Carnival Co. & by 4.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,649,543 shares of the company’s stock worth $464,747,000 after buying an additional 877,694 shares during the period. Renaissance Technologies LLC raised its holdings in Carnival Co. & by 17.7% in the 4th quarter. Renaissance Technologies LLC now owns 18,097,001 shares of the company’s stock worth $450,977,000 after acquiring an additional 2,720,096 shares during the period. Finally, Northern Trust Corp lifted its position in Carnival Co. & by 14.8% during the 4th quarter. Northern Trust Corp now owns 10,638,692 shares of the company’s stock worth $265,116,000 after acquiring an additional 1,374,714 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Co. & Price Performance

Shares of Carnival Co. & stock opened at $22.89 on Wednesday. The company has a fifty day moving average of $19.60 and a 200-day moving average of $23.05. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The stock has a market capitalization of $26.70 billion, a price-to-earnings ratio of 16.47, a price-to-earnings-growth ratio of 0.73 and a beta of 2.50.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analysts’ expectations of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.14) earnings per share. Equities research analysts expect that Carnival Co. & plc will post 1.77 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CCL. Hsbc Global Res raised shares of Carnival Co. & from a “moderate sell” rating to a “hold” rating in a research report on Friday, May 16th. Stifel Nicolaus lifted their price objective on Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Monday, March 24th. StockNews.com upgraded Carnival Co. & from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. HSBC upgraded shares of Carnival Co. & from a “reduce” rating to a “hold” rating and set a $24.00 price target on the stock in a research note on Friday, May 16th. Finally, William Blair restated an “outperform” rating on shares of Carnival Co. & in a research note on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.53.

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.