Carnival Co. & plc (NYSE:CCL) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lifted its holdings in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 18.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 271,586 shares of the company's stock after purchasing an additional 42,631 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Carnival Co. & were worth $5,001,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Carnival Co. & in the second quarter worth $466,838,000. Marshall Wace LLP boosted its holdings in Carnival Co. & by 510.5% in the second quarter. Marshall Wace LLP now owns 10,331,092 shares of the company's stock valued at $193,398,000 after purchasing an additional 8,638,865 shares during the period. Renaissance Technologies LLC grew its stake in Carnival Co. & by 43.6% during the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company's stock worth $179,435,000 after purchasing an additional 2,911,100 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Carnival Co. & by 2,400.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,010,189 shares of the company's stock worth $556,280,000 after purchasing an additional 2,889,785 shares during the period. Finally, Goldentree Asset Management LP acquired a new stake in Carnival Co. & in the 1st quarter valued at about $31,917,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the business's stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the sale, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.00% of the stock is currently owned by corporate insiders.

Carnival Co. & Stock Performance

CCL traded down $0.10 on Friday, hitting $21.90. 19,773,855 shares of the company traded hands, compared to its average volume of 29,918,879. The company has a 50 day moving average of $18.71 and a 200-day moving average of $16.94. Carnival Co. & plc has a 12-month low of $11.61 and a 12-month high of $23.05. The stock has a market capitalization of $25.28 billion, a PE ratio of 19.64 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.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.10. The firm 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%. Carnival Co. &'s quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the firm posted $0.86 EPS. Sell-side analysts anticipate that Carnival Co. & plc will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CCL shares. Tigress Financial upped their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, October 7th. Macquarie raised their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. boosted their target price on shares of Carnival Co. & from $23.00 to $25.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 24th. Stifel Nicolaus raised their price target on Carnival Co. & from $25.00 to $27.00 and gave the company a "buy" rating in a research note on Friday, September 20th. Finally, Citigroup upped their price objective on Carnival Co. & from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $23.53.

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.