Richardson Capital Management LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CCL – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,620 shares of the company’s stock, valued at approximately $26,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC grew its stake in Carnival Co. & by 35.1% during the third quarter. FMR LLC now owns 384,505 shares of the company’s stock worth $5,275,000 after buying an additional 99,886 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Carnival Co. & by 676.7% during the third quarter. Acadian Asset Management LLC now owns 11,402 shares of the company’s stock worth $156,000 after purchasing an additional 9,934 shares during the period. LPL Financial LLC increased its position in shares of Carnival Co. & by 16.5% during the third quarter. LPL Financial LLC now owns 837,694 shares of the company’s stock worth $11,493,000 after acquiring an additional 118,408 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Carnival Co. & by 20.4% in the third quarter. Stifel Financial Corp now owns 828,846 shares of the company’s stock valued at $11,372,000 after purchasing an additional 140,258 shares in the last quarter. Finally, Natixis Advisors L.P. lifted its stake in Carnival Co. & by 35.8% during the 3rd quarter. Natixis Advisors L.P. now owns 41,260 shares of the company’s stock valued at $566,000 after acquiring an additional 10,875 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.
Carnival Co. & Price Performance
Shares of Carnival Co. & stock traded up $0.11 during trading on Friday, hitting $18.72. The stock had a trading volume of 34,276,987 shares, compared to its average volume of 33,236,444. The company has a current ratio of 0.28, a quick ratio of 0.32 and a debt-to-equity ratio of 3.99. Carnival Co. & plc has a 12 month low of $10.84 and a 12 month high of $19.74. The firm has a market cap of $21.01 billion, a price-to-earnings ratio of 28.80 and a beta of 2.57. The business’s 50-day moving average is $15.64 and its 200 day moving average is $16.13.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on CCL shares. Deutsche Bank Aktiengesellschaft upped their target price on Carnival Co. & from $18.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday. William Blair reaffirmed an “outperform” rating on shares of Carnival Co. & in a research report on Monday, April 22nd. Wells Fargo & Company boosted their price target on shares of Carnival Co. & from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Friday, May 17th. UBS Group raised their price objective on shares of Carnival Co. & from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, May 14th. Finally, Stifel Nicolaus dropped their target price on shares of Carnival Co. & from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.00.
Get Our Latest Stock Report on CCL
Carnival Co. & Company 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.
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