Semanteon Capital Management LP Buys Shares of 65,834 Carnival Co. & plc (NYSE:CCL)

Semanteon Capital Management LP bought a new position in Carnival Co. & plc (NYSE:CCL - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 65,834 shares of the company's stock, valued at approximately $1,217,000. Carnival Co. & accounts for 0.8% of Semanteon Capital Management LP's holdings, making the stock its 10th biggest holding.

Several other large investors have also modified their holdings of the business. Family Firm Inc. purchased a new stake in Carnival Co. & during the second quarter worth $26,000. Hantz Financial Services Inc. acquired a new position in shares of Carnival Co. & in the second quarter worth $30,000. CVA Family Office LLC raised its holdings in Carnival Co. & by 163.9% in the third quarter. CVA Family Office LLC now owns 1,940 shares of the company's stock valued at $36,000 after acquiring an additional 1,205 shares in the last quarter. BNP Paribas purchased a new position in shares of Carnival Co. & in the 1st quarter valued at about $32,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in Carnival Co. & during the 2nd quarter worth $37,000. Institutional investors own 67.19% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Hsbc Global Res raised Carnival Co. & to a "moderate sell" rating in a report on Tuesday, September 3rd. Morgan Stanley increased their target price on Carnival Co. & from $15.00 to $16.50 and gave the company an "underweight" rating in a report on Tuesday, October 1st. Stifel Nicolaus lifted their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the stock a "buy" rating in a report on Friday, September 20th. Mizuho lifted their price target on Carnival Co. & from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. upped their price objective on Carnival Co. & from $23.00 to $25.00 and gave the stock an "overweight" rating in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $23.53.

Carnival Co. & Stock Up 4.8 %

Shares of CCL traded up $1.01 during trading on Monday, reaching $21.92. The company's stock had a trading volume of 31,280,380 shares, compared to its average volume of 29,976,520. The company has a market cap of $24.60 billion, a price-to-earnings ratio of 33.72 and a beta of 2.69. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a fifty day moving average of $18.31 and a two-hundred day moving average of $16.81. Carnival Co. & plc has a twelve month low of $11.10 and a twelve month high of $22.39.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $7.90 billion for the quarter, compared to analysts' expectations of $7.82 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm's quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.86 earnings per share. On average, sell-side analysts predict that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.

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.