133,715 Shares in Carnival Co. & plc (NYSE:CCL) Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CCL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 133,715 shares of the company’s stock, valued at approximately $3,332,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nisa Investment Advisors LLC raised its stake in Carnival Co. & by 1.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 175,943 shares of the company’s stock valued at $4,384,000 after acquiring an additional 1,678 shares during the period. Illinois Municipal Retirement Fund increased its holdings in shares of Carnival Co. & by 153.4% in the fourth quarter. Illinois Municipal Retirement Fund now owns 336,502 shares of the company’s stock valued at $8,386,000 after purchasing an additional 203,710 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Carnival Co. & by 26.6% in the fourth quarter. Private Advisor Group LLC now owns 86,837 shares of the company’s stock valued at $2,164,000 after purchasing an additional 18,269 shares during the period. Convergence Investment Partners LLC lifted its stake in shares of Carnival Co. & by 54.4% during the 4th quarter. Convergence Investment Partners LLC now owns 40,202 shares of the company’s stock worth $1,002,000 after buying an additional 14,165 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Carnival Co. & during the 4th quarter worth about $59,486,000. Institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on CCL shares. Citigroup lowered their price target on shares of 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 Carnival Co. & from a “hold” rating to a “buy” rating in a report on Wednesday. Truist Financial upped their price objective on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a report on Friday, January 24th. William Blair reissued an “outperform” rating on shares of Carnival Co. & in a report on Monday, March 10th. Finally, Macquarie decreased their price target on shares of Carnival Co. & from $31.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, May 9th. Six analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $26.83.

Carnival Co. & Trading Up 1.1%

Shares of CCL opened at $22.98 on Thursday. 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 firm has a market cap of $26.81 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 0.73 and a beta of 2.50. The business’s fifty day moving average is $19.29 and its 200-day moving average is $23.01.

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