Vanguard Personalized Indexing Management LLC Has $1.45 Million Stake in Carnival Co. & plc (NYSE:CCL)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Carnival Co. & plc (NYSE:CCL) by 15.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,405 shares of the company’s stock after buying an additional 10,495 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Carnival Co. & were worth $1,448,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Richardson Capital Management LLC bought a new stake in Carnival Co. & in the first quarter worth approximately $26,000. Family Firm Inc. bought a new stake in shares of Carnival Co. & in the 2nd quarter valued at $26,000. Hantz Financial Services Inc. acquired a new position in shares of Carnival Co. & during the 2nd quarter valued at $30,000. ICA Group Wealth Management LLC bought a new position in Carnival Co. & during the fourth quarter worth $31,000. Finally, BNP Paribas acquired a new stake in Carnival Co. & in the first quarter worth $32,000. Institutional investors own 67.19% of the company’s stock.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $19.00 on Monday. Carnival Co. & plc has a 52 week low of $10.84 and a 52 week high of $19.74. The company’s 50 day moving average price is $16.59 and its two-hundred day moving average price is $16.14. The stock has a market cap of $21.33 billion, a P/E ratio of 29.23 and a beta of 2.68. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 3.99.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Tuesday, June 25th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. The business had revenue of $5.78 billion for the quarter, compared to analyst estimates of $5.68 billion. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. Carnival Co. &’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same period last year, the company posted ($0.31) earnings per share. On average, equities analysts predict that Carnival Co. & plc will post 1.19 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CCL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Carnival Co. & from $18.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, June 26th. Argus increased their price target on Carnival Co. & from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, June 27th. Bank of America boosted their price objective on Carnival Co. & from $23.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, June 27th. Stifel Nicolaus increased their target price on Carnival Co. & from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Carnival Co. & from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, Carnival Co. & presently has an average rating of “Moderate Buy” and a consensus price target of $22.63.

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.