Vaughan Nelson Investment Management L.P. Purchases 1,204,500 Shares of Carnival Co. & plc (NYSE:CCL)

Vaughan Nelson Investment Management L.P. increased its holdings in shares of Carnival Co. & plc (NYSE:CCL - Free Report) by 72.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,870,760 shares of the company's stock after acquiring an additional 1,204,500 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.25% of Carnival Co. & worth $53,052,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CCL. Empowered Funds LLC increased its holdings in Carnival Co. & by 29.4% in the 1st quarter. Empowered Funds LLC now owns 16,467 shares of the company's stock valued at $269,000 after buying an additional 3,741 shares during the period. Robeco Institutional Asset Management B.V. bought a new position in Carnival Co. & in the 3rd quarter valued at about $1,140,000. Commonwealth Equity Services LLC increased its holdings in Carnival Co. & by 1.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company's stock valued at $75,310,000 after buying an additional 39,491 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in Carnival Co. & by 72.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 246,026 shares of the company's stock valued at $4,223,000 after buying an additional 103,501 shares during the period. Finally, Wedge Capital Management L L P NC increased its holdings in Carnival Co. & by 10.1% in the 3rd quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company's stock valued at $4,892,000 after buying an additional 24,198 shares during the period. 67.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on CCL. Barclays raised their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an "overweight" rating in a report on Tuesday, October 1st. Macquarie lifted their price target 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. lifted their price target on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an "overweight" rating in a report on Wednesday, July 24th. Stifel Nicolaus lifted their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the company a "buy" rating in a report on Friday, September 20th. Finally, Mizuho lifted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.78.

Carnival Co. & Stock Performance

Shares of NYSE CCL remained flat at $24.31 during midday trading on Friday. 18,241,910 shares of the stock were exchanged, compared to its average volume of 22,300,100. The company has a market cap of $28.06 billion, a price-to-earnings ratio of 21.71 and a beta of 2.66. Carnival Co. & plc has a 1 year low of $13.78 and a 1 year high of $24.99. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The firm has a fifty day simple moving average of $20.31 and a 200 day simple moving average of $17.65.

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

Insider Activity 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 shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.00% of the stock is owned by corporate insiders.

About Carnival Co. &

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.