Boothbay Fund Management LLC Has $11.82 Million Stock Holdings in Carnival Co. & plc (NYSE:CCL)

Boothbay Fund Management LLC grew its position in Carnival Co. & plc (NYSE:CCL - Free Report) by 84.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 474,232 shares of the company's stock after purchasing an additional 216,900 shares during the quarter. Boothbay Fund Management LLC's holdings in Carnival Co. & were worth $11,818,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Coldstream Capital Management Inc. lifted its position in Carnival Co. & by 5.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 22,775 shares of the company's stock worth $568,000 after acquiring an additional 1,244 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of Carnival Co. & by 2,259.4% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 839,014 shares of the company's stock worth $20,908,000 after purchasing an additional 803,453 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its holdings in Carnival Co. & by 465.2% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 970,500 shares of the company's stock valued at $24,185,000 after buying an additional 798,800 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Carnival Co. & by 4.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,476,588 shares of the company's stock worth $36,798,000 after buying an additional 60,833 shares during the period. Finally, Pinebridge Investments L.P. lifted its holdings in shares of Carnival Co. & by 143.8% during the fourth quarter. Pinebridge Investments L.P. now owns 594,894 shares of the company's stock worth $14,825,000 after buying an additional 350,921 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

Shares of NYSE CCL traded down $0.15 during mid-day trading on Tuesday, hitting $18.71. 30,350,419 shares of the stock were exchanged, compared to its average volume of 26,197,429. The company has a market cap of $21.83 billion, a P/E ratio of 13.46, a PEG ratio of 0.73 and a beta of 2.42. 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 twelve month low of $13.78 and a twelve month high of $28.72. The stock's fifty day simple moving average is $19.95 and its two-hundred day simple moving average is $23.11.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. The firm had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.14) EPS. As a group, analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CCL shares. Stifel Nicolaus boosted their target price on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a research report on Monday, March 24th. Mizuho upped their price objective on shares of Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Truist Financial lifted their target price on Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Northcoast Research assumed coverage on Carnival Co. & in a report on Friday. They issued a "neutral" rating for the company. Finally, StockNews.com lowered Carnival Co. & from a "buy" rating to a "hold" rating in a report on Saturday. Seven research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, Carnival Co. & currently has a consensus 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.