Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 956 Shares of Carnival Co. & plc (NYSE:CCL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Carnival Co. & plc (NYSE:CCL) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 220,869 shares of the company’s stock after buying an additional 956 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Carnival Co. & were worth $5,504,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. State Street Corp boosted its holdings in Carnival Co. & by 5.9% in the 3rd quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after buying an additional 2,301,906 shares during the period. Geode Capital Management LLC boosted its holdings in Carnival Co. & by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 24,027,160 shares of the company’s stock worth $442,515,000 after buying an additional 811,692 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Carnival Co. & by 3.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,249,810 shares of the company’s stock valued at $155,745,000 after purchasing an additional 223,195 shares during the period. Bank of New York Mellon Corp boosted its holdings in Carnival Co. & by 0.3% in the 4th quarter. Bank of New York Mellon Corp now owns 5,841,543 shares of the company’s stock valued at $145,571,000 after purchasing an additional 19,768 shares during the period. Finally, Goldentree Asset Management LP boosted its holdings in Carnival Co. & by 16.1% in the 3rd quarter. Goldentree Asset Management LP now owns 5,151,458 shares of the company’s stock valued at $95,037,000 after purchasing an additional 712,469 shares during the period. 67.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley raised their price target on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, January 8th. Barclays raised their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Mizuho raised their price target on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. William Blair reissued an “outperform” rating on shares of Carnival Co. & in a report on Monday, March 10th. Finally, Citigroup raised their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the company a “buy” rating in a report on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.89.

Carnival Co. & Price Performance

Shares of NYSE:CCL opened at $21.02 on Friday. The stock has a market cap of $24.47 billion, a PE ratio of 15.12, a PEG ratio of 0.73 and a beta of 2.66. The company’s fifty day moving average is $24.19 and its 200 day moving average is $22.99. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.72. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.74 billion. During the same quarter in the previous year, the company earned ($0.14) earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. Research analysts anticipate that Carnival Co. & plc will post 1.77 earnings per share for the current year.

Carnival Co. & 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.