Wilmington Savings Fund Society FSB Acquires 588 Shares of Carnival Co. & plc (NYSE:CCL)

Wilmington Savings Fund Society FSB grew its holdings in Carnival Co. & plc (NYSE:CCL) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,306 shares of the company’s stock after purchasing an additional 588 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Carnival Co. & were worth $132,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CCL. Mizuho Securities USA LLC boosted its stake in shares of Carnival Co. & by 8,431.1% in the 3rd quarter. Mizuho Securities USA LLC now owns 6,644,000 shares of the company’s stock valued at $122,781,000 after purchasing an additional 6,566,120 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Carnival Co. & by 2,400.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,010,189 shares of the company’s stock valued at $556,280,000 after purchasing an additional 2,889,785 shares during the last quarter. State Street Corp boosted its stake in shares of Carnival Co. & by 5.9% in the 3rd quarter. State Street Corp now owns 41,426,562 shares of the company’s stock valued at $765,563,000 after purchasing an additional 2,301,906 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of Carnival Co. & by 718.2% in the 4th quarter. Wedge Capital Management L L P NC now owns 2,165,952 shares of the company’s stock valued at $53,976,000 after purchasing an additional 1,901,224 shares during the last quarter. Finally, Holocene Advisors LP bought a new position in Carnival Co. & during the 3rd quarter worth approximately $26,806,000. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Stock Up 1.1 %

Shares of NYSE CCL opened at $25.88 on Thursday. The firm has a market capitalization of $30.13 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 0.82 and a beta of 2.64. The business has a 50-day moving average of $25.76 and a 200-day moving average of $21.68. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a 12 month low of $13.78 and a 12 month high of $28.72.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.06. The business had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Carnival Co. &’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. Sell-side analysts expect that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on CCL shares. Stifel Nicolaus lifted their price objective on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Loop Capital started coverage on shares of Carnival Co. & in a report on Tuesday, February 4th. They set a “hold” rating and a $25.00 target price on the stock. Mizuho raised their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Morgan Stanley raised their target price on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. Finally, Sanford C. Bernstein started coverage on shares of Carnival Co. & in a report on Tuesday, November 26th. They set a “market perform” rating and a $26.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, Carnival Co. & currently has a consensus rating of “Moderate Buy” and an average price target of $27.11.

Carnival Co. & Company 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.