US Bancorp DE Acquires 13,816 Shares of Carnival Co. & plc (NYSE:CCL)

US Bancorp DE boosted its holdings in shares of Carnival Co. & plc (NYSE:CCLGet Rating) by 33.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,252 shares of the company’s stock after buying an additional 13,816 shares during the period. US Bancorp DE’s holdings in Carnival Co. & were worth $388,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CCL. Vanguard Group Inc. boosted its stake in Carnival Co. & by 3.6% during the first quarter. Vanguard Group Inc. now owns 90,114,182 shares of the company’s stock valued at $1,822,109,000 after buying an additional 3,122,603 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Carnival Co. & by 871.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,372,991 shares of the company’s stock valued at $11,855,000 after buying an additional 1,231,608 shares during the period. Cubist Systematic Strategies LLC boosted its stake in Carnival Co. & by 227.7% during the second quarter. Cubist Systematic Strategies LLC now owns 1,315,907 shares of the company’s stock valued at $11,383,000 after buying an additional 914,377 shares during the period. Verition Fund Management LLC boosted its stake in Carnival Co. & by 104.3% during the second quarter. Verition Fund Management LLC now owns 29,066 shares of the company’s stock valued at $251,000 after buying an additional 702,666 shares during the period. Finally, Vontobel Holding Ltd. lifted its stake in Carnival Co. & by 221.4% during the second quarter. Vontobel Holding Ltd. now owns 830,823 shares of the company’s stock worth $7,186,000 after purchasing an additional 572,345 shares during the last quarter. Institutional investors own 49.87% of the company’s stock.

Carnival Co. & Stock Up 2.4 %

Shares of NYSE:CCL opened at $10.72 on Tuesday. Carnival Co. & plc has a 1 year low of $6.11 and a 1 year high of $23.86. The company has a market cap of $11.93 billion, a PE ratio of -2.07 and a beta of 2.14. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.71 and a quick ratio of 0.67. The stock’s 50-day moving average is $9.24 and its 200 day moving average is $9.22.

Carnival Co. & (NYSE:CCLGet Rating) last announced its quarterly earnings results on Wednesday, December 21st. The company reported ($0.85) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.04. Carnival Co. & had a negative return on equity of 64.76% and a negative net margin of 50.07%. The company had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.96 billion. Sell-side analysts anticipate that Carnival Co. & plc will post -0.17 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CCL shares. Morgan Stanley lifted their price target on Carnival Co. & from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Tuesday, January 10th. UBS Group dropped their price target on Carnival Co. & from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Monday, January 9th. Susquehanna Bancshares dropped their price target on Carnival Co. & from $12.00 to $8.00 and set a “neutral” rating for the company in a research note on Monday, October 3rd. Tigress Financial reaffirmed a “buy” rating and set a $13.00 price target on shares of Carnival Co. & in a research note on Thursday, October 27th. Finally, StockNews.com upgraded Carnival Co. & to a “sell” rating in a report on Thursday, December 22nd. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.68.

Carnival Co. & Profile

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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.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CCL)

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