New York State Teachers Retirement System increased its stake in Carnival Co. & plc (NYSE:CCL - Free Report) by 3.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 919,854 shares of the company's stock after purchasing an additional 31,925 shares during the period. New York State Teachers Retirement System owned 0.08% of Carnival Co. & worth $16,999,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of the stock. Family Firm Inc. purchased a new stake in shares of Carnival Co. & during the second quarter valued at $26,000. Hantz Financial Services Inc. acquired a new position in shares of Carnival Co. & in the second quarter valued at about $30,000. BNP Paribas purchased a new position in shares of Carnival Co. & in the first quarter worth about $32,000. CVA Family Office LLC lifted its holdings in shares of Carnival Co. & by 163.9% during the third quarter. CVA Family Office LLC now owns 1,940 shares of the company's stock worth $36,000 after purchasing an additional 1,205 shares during the period. Finally, ORG Partners LLC purchased a new stake in Carnival Co. & in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 67.19% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have commented on CCL. Truist Financial lifted their price objective on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a "hold" rating in a research note on Tuesday, July 23rd. Morgan Stanley upped their price target on shares of Carnival Co. & from $15.00 to $16.50 and gave the company an "underweight" rating in a report on Tuesday, October 1st. Mizuho increased their price target on Carnival Co. & from $25.00 to $26.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 1st. Tigress Financial upped their target price on Carnival Co. & from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, October 7th. Finally, Macquarie raised their target price on Carnival Co. & from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Thursday, October 3rd. One 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $23.53.
View Our Latest Analysis on Carnival Co. &
Carnival Co. & Price Performance
NYSE:CCL traded down $0.10 during trading hours on Friday, hitting $21.90. 23,498,958 shares of the stock were exchanged, compared to its average volume of 29,918,879. The company has a market cap of $25.28 billion, a P/E ratio of 19.55 and a beta of 2.66. The firm's fifty day moving average price is $18.82 and its 200 day moving average price is $17.01. Carnival Co. & plc has a 52-week low of $11.61 and a 52-week high of $23.05. The company has a current ratio of 0.30, a quick ratio of 0.26 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 the consensus estimate of $1.17 by $0.10. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The firm had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.82 billion. During the same period in the prior year, the company earned $0.86 EPS. The firm's revenue was up 15.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Carnival Co. & plc will post 1.33 EPS for the current fiscal year.
Insider Transactions at Carnival Co. &
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 stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the transaction, the director now owns 65,789 shares of the company's stock, valued at approximately $1,428,937.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.00% of the company's stock.
Carnival Co. & Company Profile
(
Free Report)
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.
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