XTX Topco Ltd Purchases New Position in Carnival Co. & plc (NYSE:CCL)

XTX Topco Ltd acquired a new stake in shares of Carnival Co. & plc (NYSE:CCL) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 56,899 shares of the company’s stock, valued at approximately $578,000.

Several other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in shares of Carnival Co. & by 14.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 55,546 shares of the company’s stock valued at $564,000 after buying an additional 6,870 shares in the last quarter. Capital Square LLC bought a new stake in shares of Carnival Co. & in the fourth quarter worth about $625,000. Moors & Cabot Inc. raised its position in shares of Carnival Co. & by 40.9% during the first quarter. Moors & Cabot Inc. now owns 15,160 shares of the company’s stock worth $154,000 after purchasing an additional 4,400 shares during the period. Aviva PLC lifted its holdings in shares of Carnival Co. & by 158.6% during the 1st quarter. Aviva PLC now owns 2,228,871 shares of the company’s stock valued at $22,623,000 after purchasing an additional 1,366,867 shares in the last quarter. Finally, Guggenheim Capital LLC grew its position in shares of Carnival Co. & by 19.1% in the 1st quarter. Guggenheim Capital LLC now owns 109,614 shares of the company’s stock valued at $1,113,000 after purchasing an additional 17,557 shares during the period. Institutional investors own 55.54% of the company’s stock.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $15.30 on Monday. The company has a market capitalization of $17.12 billion, a price-to-earnings ratio of -5.48 and a beta of 2.40. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 5.44. Carnival Co. & plc has a 12 month low of $6.11 and a 12 month high of $19.55. The stock’s 50 day moving average is $17.18 and its 200-day moving average is $13.29.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings data on Monday, June 26th. The company reported ($0.31) EPS for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.03. The firm had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.79 billion. Carnival Co. & had a negative return on equity of 41.35% and a negative net margin of 19.83%. The company’s revenue for the quarter was up 104.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.64) EPS. Equities research analysts expect that Carnival Co. & plc will post -0.13 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Argus upgraded shares of Carnival Co. & from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Tuesday, July 18th. Tigress Financial increased their target price on Carnival Co. & from $13.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, June 29th. JPMorgan Chase & Co. boosted their price target on Carnival Co. & from $16.00 to $18.00 in a report on Monday, July 3rd. Bank of America upgraded Carnival Co. & from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $11.00 to $20.00 in a report on Monday, June 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Carnival Co. & from $10.00 to $15.00 in a research report on Friday, June 23rd. Three analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $16.97.

Carnival Co. & 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.