Carnival Co. & plc (NYSE:CCL) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd grew its holdings in Carnival Co. & plc (NYSE:CCL) by 188.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,976 shares of the company’s stock after purchasing an additional 43,757 shares during the quarter. XTX Topco Ltd’s holdings in Carnival Co. & were worth $1,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CCL. Norges Bank acquired a new position in Carnival Co. & during the fourth quarter worth $40,236,000. PNC Financial Services Group Inc. grew its holdings in shares of Carnival Co. & by 7.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 176,147 shares of the company’s stock valued at $3,266,000 after purchasing an additional 12,017 shares during the period. US Bancorp DE increased its position in Carnival Co. & by 8.0% during the fourth quarter. US Bancorp DE now owns 37,750 shares of the company’s stock worth $700,000 after purchasing an additional 2,804 shares during the last quarter. FineMark National Bank & Trust purchased a new position in Carnival Co. & during the fourth quarter worth about $243,000. Finally, TCW Group Inc. acquired a new position in Carnival Co. & in the 4th quarter valued at about $280,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CCL has been the subject of a number of recent analyst reports. Argus raised their price target on shares of Carnival Co. & from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, June 27th. Truist Financial upped their price target on Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Tuesday, July 23rd. Hsbc Global Res raised Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Mizuho upped their target price on shares of Carnival Co. & from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Susquehanna reaffirmed a “positive” rating and set a $22.00 target price on shares of Carnival Co. & in a research note on Wednesday, June 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.63.

Carnival Co. & Stock Performance

Shares of Carnival Co. & stock opened at $19.00 on Friday. The business has a 50-day simple moving average of $16.59 and a 200-day simple moving average of $16.14. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.24 and a current ratio of 0.28. Carnival Co. & plc has a one year low of $10.84 and a one year high of $19.74. The company has a market cap of $21.33 billion, a PE ratio of 29.23 and a beta of 2.68.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings results on Tuesday, June 25th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.12. The company had revenue of $5.78 billion during the quarter, compared to analysts’ expectations of $5.68 billion. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%. The firm’s revenue was up 17.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.31) EPS. On average, equities research analysts forecast that Carnival Co. & plc will post 1.19 EPS for the current fiscal year.

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.