Guggenheim Capital LLC Has $1.11 Million Holdings in Carnival Co. & plc (NYSE:CCL)

Guggenheim Capital LLC boosted its stake in shares of Carnival Co. & plc (NYSE:CCL) by 19.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,614 shares of the company’s stock after buying an additional 17,557 shares during the period. Guggenheim Capital LLC’s holdings in Carnival Co. & were worth $1,113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CCL. American Century Companies Inc. raised its holdings in Carnival Co. & by 13.3% during the 1st quarter. American Century Companies Inc. now owns 33,016 shares of the company’s stock worth $667,000 after buying an additional 3,869 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Carnival Co. & by 7.2% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 108,222 shares of the company’s stock valued at $2,188,000 after purchasing an additional 7,248 shares during the period. Yousif Capital Management LLC increased its holdings in shares of Carnival Co. & by 3.4% in the 1st quarter. Yousif Capital Management LLC now owns 137,825 shares of the company’s stock valued at $2,787,000 after purchasing an additional 4,536 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Carnival Co. & by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,734,230 shares of the company’s stock valued at $95,697,000 after purchasing an additional 93,169 shares during the period. Finally, Aviva PLC increased its holdings in shares of Carnival Co. & by 25.5% in the 1st quarter. Aviva PLC now owns 152,741 shares of the company’s stock valued at $3,088,000 after purchasing an additional 31,037 shares during the period. Institutional investors and hedge funds own 55.54% of the company’s stock.

Carnival Co. & Stock Down 0.6 %

CCL opened at $15.73 on Friday. Carnival Co. & plc has a 1-year low of $6.11 and a 1-year high of $19.55. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 5.44. The stock has a market capitalization of $17.61 billion, a price-to-earnings ratio of -5.64 and a beta of 2.39. The business has a 50 day moving average of $17.31 and a 200-day moving average of $13.13.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Monday, June 26th. The company reported ($0.31) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.03. The company had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.79 billion. Carnival Co. & had a negative return on equity of 41.35% and a negative net margin of 19.83%. Carnival Co. &’s revenue for the quarter was up 104.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($1.64) earnings per share. As a group, sell-side analysts anticipate that Carnival Co. & plc will post -0.14 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group upgraded Carnival Co. & from a “hold” rating to a “buy” rating and upped their target price for the company from $9.00 to $25.00 in a report on Friday, June 30th. Morgan Stanley upped their target price on Carnival Co. & from $7.00 to $11.50 in a report on Tuesday, June 27th. Stifel Nicolaus upped their target price on Carnival Co. & from $20.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday. Tigress Financial upped their target price on Carnival Co. & from $13.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, June 29th. Finally, StockNews.com assumed coverage on Carnival Co. & in a report on Thursday, August 17th. They issued a “sell” rating on the stock. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, Carnival Co. & has an average rating of “Moderate Buy” and a consensus target price of $16.97.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services. The company operates a fleet of more than 90 ships visit approximately 700 ports under AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises (Australia), P&O Cruises (UK), and Seabourn brand names.