Ensign Peak Advisors Inc Has $9.61 Million Stock Holdings in Carnival Co. & plc (NYSE:CCL)

Ensign Peak Advisors Inc boosted its holdings in Carnival Co. & plc (NYSE:CCL) by 19.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 513,192 shares of the company’s stock after acquiring an additional 81,830 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Carnival Co. & were worth $9,607,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CCL. Continuum Advisory LLC raised its holdings in shares of Carnival Co. & by 22.1% in the 2nd quarter. Continuum Advisory LLC now owns 3,480 shares of the company’s stock worth $65,000 after buying an additional 630 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Carnival Co. & by 7.5% during the first quarter. GAMMA Investing LLC now owns 10,356 shares of the company’s stock valued at $169,000 after acquiring an additional 726 shares during the period. Texas Permanent School Fund Corp boosted its stake in shares of Carnival Co. & by 0.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 206,795 shares of the company’s stock valued at $3,379,000 after purchasing an additional 729 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Carnival Co. & by 2.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 26,174 shares of the company’s stock worth $490,000 after purchasing an additional 737 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its position in shares of Carnival Co. & by 66.7% during the 4th quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock worth $37,000 after purchasing an additional 800 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Analyst Upgrades and Downgrades

CCL has been the subject of a number of research analyst reports. Citigroup lifted their target price on shares of Carnival Co. & from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday, June 26th. Argus upped their target price on shares of Carnival Co. & from $20.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. Truist Financial raised their price target on shares of Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a report on Tuesday, July 23rd. Mizuho upped their price objective on Carnival Co. & from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Finally, Stifel Nicolaus lifted their target price on Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, September 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, Carnival Co. & has an average rating of “Moderate Buy” and a consensus target price of $22.63.

Carnival Co. & Stock Performance

Shares of CCL stock opened at $18.73 on Wednesday. The stock has a market cap of $21.02 billion, a PE ratio of 28.82 and a beta of 2.68. The stock has a 50-day moving average of $16.59 and a 200-day moving average of $16.18. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28 and a quick ratio of 0.24. Carnival Co. & plc has a one year low of $10.84 and a one year high of $19.74.

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

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.