Carnival Co. & plc (NYSE:CCL) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC increased its position in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 139.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 207,679 shares of the company's stock after purchasing an additional 121,045 shares during the quarter. MML Investors Services LLC's holdings in Carnival Co. & were worth $5,175,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in CCL. MetLife Investment Management LLC boosted its holdings in shares of Carnival Co. & by 4.7% during the 4th quarter. MetLife Investment Management LLC now owns 274,712 shares of the company's stock worth $6,846,000 after purchasing an additional 12,252 shares during the last quarter. Ossiam purchased a new stake in Carnival Co. & in the 4th quarter valued at $46,000. Norinchukin Bank The increased its stake in shares of Carnival Co. & by 3.3% in the 4th quarter. Norinchukin Bank The now owns 38,985 shares of the company's stock worth $972,000 after acquiring an additional 1,232 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Carnival Co. & by 31.6% during the 4th quarter. First Trust Advisors LP now owns 1,220,083 shares of the company's stock valued at $30,404,000 after acquiring an additional 293,132 shares during the last quarter. Finally, Forum Financial Management LP grew its holdings in shares of Carnival Co. & by 12.7% in the fourth quarter. Forum Financial Management LP now owns 22,611 shares of the company's stock valued at $563,000 after purchasing an additional 2,551 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CCL has been the topic of several recent analyst reports. BNP Paribas assumed coverage on shares of Carnival Co. & in a report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 target price on the stock. Barclays lowered their price objective on Carnival Co. & from $32.00 to $26.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Loop Capital reduced their target price on Carnival Co. & from $25.00 to $21.00 and set a "hold" rating on the stock in a research report on Monday, March 24th. Truist Financial increased their price target on Carnival Co. & from $29.00 to $30.00 and gave the stock a "hold" rating in a report on Friday, January 24th. Finally, Mizuho boosted their price objective on shares of Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a report on Monday, March 24th. Seven analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, Carnival Co. & presently has an average rating of "Moderate Buy" and a consensus price target of $26.53.

Carnival Co. & Stock Down 0.8 %

Carnival Co. & stock traded down $0.15 during trading on Tuesday, reaching $18.71. The stock had a trading volume of 30,350,419 shares, compared to its average volume of 26,171,253. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The business has a 50 day moving average price of $19.95 and a 200 day moving average price of $23.11. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The stock has a market cap of $21.83 billion, a PE ratio of 13.46, a P/E/G ratio of 0.73 and a beta of 2.42.

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

About Carnival Co. &

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.