O Shaughnessy Asset Management LLC Increases Stake in Carnival Co. & plc (NYSE:CCL)

O Shaughnessy Asset Management LLC increased its holdings in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 77.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,263 shares of the company's stock after purchasing an additional 28,856 shares during the period. O Shaughnessy Asset Management LLC's holdings in Carnival Co. & were worth $1,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CCL. Crewe Advisors LLC increased its holdings in Carnival Co. & by 275.8% in the fourth quarter. Crewe Advisors LLC now owns 1,210 shares of the company's stock valued at $30,000 after buying an additional 888 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new position in Carnival Co. & in the fourth quarter valued at $34,000. Millstone Evans Group LLC purchased a new position in Carnival Co. & in the fourth quarter valued at $34,000. 1620 Investment Advisors Inc. purchased a new position in Carnival Co. & in the fourth quarter valued at $42,000. Finally, Morse Asset Management Inc purchased a new position in Carnival Co. & in the third quarter valued at $46,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on CCL. StockNews.com cut shares of Carnival Co. & from a "buy" rating to a "hold" rating in a research note on Tuesday. Mizuho boosted their target price on shares of Carnival Co. & from $32.00 to $33.00 and gave the stock an "outperform" rating in a research note on Monday, March 24th. William Blair reissued an "outperform" rating on shares of Carnival Co. & in a research note on Monday, March 10th. Barclays boosted their target price on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an "overweight" rating in a research note on Monday, December 23rd. Finally, Citigroup cut their target price on shares of Carnival Co. & from $31.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Six analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, Carnival Co. & currently has a consensus rating of "Moderate Buy" and an average target price of $26.84.

Carnival Co. & Trading Down 9.3 %

Shares of Carnival Co. & stock traded down $1.82 on Thursday, reaching $17.79. The company had a trading volume of 15,326,535 shares, compared to its average volume of 26,378,306. The firm's 50 day moving average price is $22.12 and its two-hundred day moving average price is $23.14. The firm has a market cap of $20.75 billion, a PE ratio of 12.80, a PEG ratio of 0.73 and a beta of 2.42. Carnival Co. & plc has a 52-week low of $13.78 and a 52-week high of $28.72. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating 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 business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $5.74 billion. During the same period in the previous year, the firm earned ($0.14) EPS. The business's revenue was up 7.5% on a year-over-year basis. Sell-side analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current fiscal year.

Carnival Co. & Company Profile

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.