Carnival Co. & plc (NYSE:CCL) Shares Purchased by River Global Investors LLP

River Global Investors LLP grew its position in Carnival Co. & plc (NYSE:CCL) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,907 shares of the company’s stock after acquiring an additional 3,471 shares during the quarter. River Global Investors LLP’s holdings in Carnival Co. & were worth $1,348,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CCL. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Carnival Co. & in the second quarter valued at about $466,838,000. Marshall Wace LLP grew its stake in Carnival Co. & by 510.5% during the 2nd quarter. Marshall Wace LLP now owns 10,331,092 shares of the company’s stock valued at $193,398,000 after acquiring an additional 8,638,865 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Carnival Co. & by 43.6% in the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company’s stock valued at $179,435,000 after acquiring an additional 2,911,100 shares during the last quarter. International Assets Investment Management LLC lifted its stake in 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 worth $556,280,000 after purchasing an additional 2,889,785 shares in the last quarter. Finally, Goldentree Asset Management LP acquired a new position in shares of Carnival Co. & during the 1st quarter worth approximately $31,917,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Tigress Financial increased their price target on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 7th. Citigroup boosted their price target on shares of Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Truist Financial lifted their target price on shares of Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, July 23rd. JPMorgan Chase & Co. increased their price target on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Finally, Barclays lifted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $23.53.

Carnival Co. & Stock Up 1.6 %

CCL traded up $0.39 on Friday, hitting $24.07. 18,979,455 shares of the company were exchanged, compared to its average volume of 25,504,870. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The company has a market cap of $27.78 billion, a price-to-earnings ratio of 21.49 and a beta of 2.66. The firm has a 50-day moving average price of $19.48 and a two-hundred day moving average price of $17.31. Carnival Co. & plc has a twelve month low of $12.23 and a twelve month high of $24.41.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.82 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s revenue was up 15.2% compared to the same quarter last year. On average, equities analysts predict that Carnival Co. & plc will post 1.33 earnings per share for the current year.

Insider Activity at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.00% of the stock is currently owned by corporate insiders.

Carnival Co. & Profile

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.