Carnival Co. & plc (NYSE:CCL) Stock Holdings Increased by Townsquare Capital LLC

Townsquare Capital LLC increased its stake in shares of Carnival Co. & plc (NYSE:CCL) by 114.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,534 shares of the company’s stock after purchasing an additional 15,205 shares during the quarter. Townsquare Capital LLC’s holdings in Carnival Co. & were worth $711,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Carnival Co. & by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company’s stock valued at $2,918,022,000 after purchasing an additional 4,458,329 shares during the last quarter. Geode Capital Management LLC raised its holdings in Carnival Co. & by 5.0% in the 4th quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company’s stock worth $627,053,000 after acquiring an additional 1,201,256 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Carnival Co. & by 4.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,649,543 shares of the company’s stock valued at $464,747,000 after acquiring an additional 877,694 shares during the period. Renaissance Technologies LLC grew its position in shares of Carnival Co. & by 17.7% in the fourth quarter. Renaissance Technologies LLC now owns 18,097,001 shares of the company’s stock valued at $450,977,000 after purchasing an additional 2,720,096 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Carnival Co. & by 186.6% in the fourth quarter. FMR LLC now owns 9,898,906 shares of the company’s stock worth $246,681,000 after purchasing an additional 6,444,444 shares during the period. 67.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CCL has been the topic of a number of research analyst reports. Citigroup lowered their target price on Carnival Co. & from $31.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, March 24th. StockNews.com raised shares of Carnival Co. & from a “hold” rating to a “buy” rating in a research report on Friday. Truist Financial increased their price target on shares of Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a report on Friday, January 24th. BNP Paribas assumed coverage on shares of Carnival Co. & in a report on Thursday, March 27th. They set an “outperform” rating and a $26.00 price objective on the stock. Finally, Loop Capital reduced their target price on shares of Carnival Co. & from $25.00 to $21.00 and set a “hold” rating for the company in a research note on Monday, March 24th. Five analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $26.84.

Carnival Co. & Stock Up 0.4 %

NYSE CCL opened at $17.94 on Friday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $28.72. The stock has a market capitalization of $20.93 billion, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 0.73 and a beta of 2.42. The stock has a fifty day moving average of $20.87 and a 200-day moving average of $23.08.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. The firm had revenue of $5.81 billion during the quarter, compared to analysts’ expectations of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.14) EPS. On average, equities research analysts forecast that Carnival Co. & plc will post 1.77 EPS for the current year.

Carnival Co. & Company 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.