Carnival Co. & plc (NYSE:CCL) Holdings Raised by Toronto Dominion Bank

Toronto Dominion Bank boosted its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 3.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 557,811 shares of the company's stock after purchasing an additional 20,773 shares during the quarter. Toronto Dominion Bank's holdings in Carnival Co. & were worth $10,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Carnival Co. & in the 2nd quarter valued at about $466,838,000. Marshall Wace LLP increased its stake in Carnival Co. & by 510.5% in the 2nd quarter. Marshall Wace LLP now owns 10,331,092 shares of the company's stock valued at $193,398,000 after buying an additional 8,638,865 shares during the period. Mizuho Securities USA LLC raised its position in Carnival Co. & by 8,431.1% during the 3rd quarter. Mizuho Securities USA LLC now owns 6,644,000 shares of the company's stock worth $122,781,000 after buying an additional 6,566,120 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Carnival Co. & by 43.6% in the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company's stock worth $179,435,000 after acquiring an additional 2,911,100 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in shares of Carnival Co. & by 2,400.1% in the third quarter. International Assets Investment Management LLC now owns 3,010,189 shares of the company's stock valued at $556,280,000 after acquiring an additional 2,889,785 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CCL shares. Truist Financial boosted their target price on Carnival Co. & from $20.00 to $29.00 and gave the stock a "hold" rating in a research report on Monday, December 2nd. The Goldman Sachs Group increased their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a research report on Tuesday. Hsbc Global Res upgraded shares of Carnival Co. & to a "moderate sell" rating in a research report on Tuesday, September 3rd. Bank of America upped their price target on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Finally, Sanford C. Bernstein started coverage on shares of Carnival Co. & in a research note on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat, Carnival Co. & presently has an average rating of "Moderate Buy" and a consensus price target of $26.21.

Carnival Co. & Price Performance

Carnival Co. & stock traded down $0.28 during trading hours on Friday, hitting $25.90. 13,799,141 shares of the company traded hands, compared to its average volume of 28,745,363. Carnival Co. & plc has a 1-year low of $13.78 and a 1-year high of $27.17. The firm has a market cap of $29.89 billion, a P/E ratio of 23.13 and a beta of 2.67. The firm's 50-day simple moving average is $23.42 and its two-hundred day simple moving average is $19.14. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.10. The business had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.82 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The business's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the business earned $0.86 earnings per share. As a group, analysts forecast that Carnival Co. & plc will post 1.33 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Sir Jonathon Band sold 17,500 shares of the firm's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares of the company's stock, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 11.00% of the stock is currently owned by company insiders.

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.