Carnival Co. & plc (NYSE:CCL) Shares Acquired by Xponance Inc.

Xponance Inc. grew its holdings in Carnival Co. & plc (NYSE:CCL - Free Report) by 9.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 149,337 shares of the company's stock after buying an additional 12,626 shares during the period. Xponance Inc.'s holdings in Carnival Co. & were worth $3,721,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CCL. Crewe Advisors LLC increased its stake in Carnival Co. & by 275.8% in the 4th quarter. Crewe Advisors LLC now owns 1,210 shares of the company's stock valued at $30,000 after buying an additional 888 shares during the period. New Wave Wealth Advisors LLC acquired a new position in shares of Carnival Co. & during the fourth quarter worth about $34,000. Morse Asset Management Inc acquired a new position in shares of Carnival Co. & during the third quarter worth about $46,000. Crews Bank & Trust purchased a new position in Carnival Co. & during the fourth quarter worth about $50,000. Finally, Avior Wealth Management LLC boosted its holdings in Carnival Co. & by 50.7% in the 3rd quarter. Avior Wealth Management LLC now owns 2,747 shares of the company's stock valued at $51,000 after purchasing an additional 924 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.

Wall Street Analysts Forecast Growth

CCL has been the subject of a number of analyst reports. Stifel Nicolaus increased their target price on Carnival Co. & from $30.00 to $31.00 and gave the stock a "buy" rating in a research note on Monday. The Goldman Sachs Group increased their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Citigroup decreased their target price on shares of Carnival Co. & from $31.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday. William Blair reiterated an "outperform" rating on shares of Carnival Co. & in a research note on Monday, March 10th. Finally, Morgan Stanley boosted their price objective on shares of Carnival Co. & from $20.00 to $22.00 and gave the stock an "underweight" rating in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, Carnival Co. & has an average rating of "Moderate Buy" and a consensus price target of $26.72.

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Carnival Co. & Price Performance

Shares of NYSE CCL traded up $0.52 during trading on Monday, reaching $21.46. The company had a trading volume of 21,664,393 shares, compared to its average volume of 26,318,930. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a twelve month low of $13.78 and a twelve month high of $28.72. The stock has a 50-day moving average price of $24.14 and a two-hundred day moving average price of $23.07. The stock has a market capitalization of $24.98 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66.

Carnival Co. & (NYSE:CCL - Get Free Report) last announced its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $5.74 billion. During the same quarter in the previous year, the company posted ($0.14) EPS. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. As a group, sell-side analysts predict that Carnival Co. & plc will post 1.77 earnings per share for the current 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.