Carnival Co. & plc (NYSE:CCL) Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Carnival Co. & plc (NYSE:CCL) by 1.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 104,648 shares of the company’s stock after acquiring an additional 1,186 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Carnival Co. & were worth $1,934,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CCL. Empowered Funds LLC lifted its position in shares of Carnival Co. & by 29.4% in the first quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock valued at $269,000 after acquiring an additional 3,741 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Carnival Co. & by 72.6% in the first 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 last quarter. Wedge Capital Management L L P NC lifted its stake in shares of Carnival Co. & by 10.1% in the third quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after buying an additional 24,198 shares in the last quarter. Cetera Advisors LLC grew its stake in Carnival Co. & by 38.3% during the 1st quarter. Cetera Advisors LLC now owns 40,708 shares of the company’s stock valued at $665,000 after acquiring an additional 11,276 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Carnival Co. & by 114.8% in the 1st quarter. Janus Henderson Group PLC now owns 179,295 shares of the company’s stock valued at $2,929,000 after acquiring an additional 95,828 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Co. & Stock Down 0.1 %

Shares of NYSE:CCL opened at $21.29 on Tuesday. The firm’s 50-day moving average is $17.72 and its two-hundred day moving average is $16.60. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.30 and a quick ratio of 0.26. Carnival Co. & plc has a 1 year low of $10.84 and a 1 year high of $21.80. The firm has a market capitalization of $23.90 billion, a PE ratio of 32.75 and a beta of 2.69.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Monday, September 30th. The company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The company had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.82 billion. During the same quarter last year, the company posted $0.86 EPS. The firm’s revenue was up 15.2% compared to the same quarter last year. Analysts predict that Carnival Co. & plc will post 1.33 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CCL shares. Morgan Stanley upped their price target on Carnival Co. & from $15.00 to $16.50 and gave the company an “underweight” rating in a research report on Tuesday, October 1st. Tigress Financial upped their target price on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 7th. Barclays boosted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Mizuho raised their price objective on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 1st. Finally, Macquarie boosted their target price 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. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $23.53.

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.