Tower Research Capital LLC TRC Has $3.24 Million Position in Carnival Co. & plc (NYSE:CCL)

Tower Research Capital LLC TRC grew its holdings in shares of Carnival Co. & plc (NYSE:CCLFree Report) by 362.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 174,928 shares of the company’s stock after acquiring an additional 137,131 shares during the period. Tower Research Capital LLC TRC’s holdings in Carnival Co. & were worth $3,243,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in Carnival Co. & by 19.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,123,585 shares of the company’s stock worth $95,001,000 after acquiring an additional 844,014 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Carnival Co. & by 16.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,697,626 shares of the company’s stock worth $87,094,000 after purchasing an additional 652,798 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Carnival Co. & by 117.5% during the 3rd quarter. Deutsche Bank AG now owns 3,498,569 shares of the company’s stock worth $48,000,000 after purchasing an additional 1,890,081 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Carnival Co. & by 1.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,164,728 shares of the company’s stock worth $43,420,000 after purchasing an additional 44,972 shares in the last quarter. Finally, Blackstone Inc. boosted its position in shares of Carnival Co. & by 50.8% during the 3rd quarter. Blackstone Inc. now owns 3,000,000 shares of the company’s stock worth $41,160,000 after purchasing an additional 1,010,000 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Co. & Stock Up 0.5 %

Shares of NYSE:CCL opened at $16.70 on Friday. The firm has a fifty day moving average price of $15.08 and a two-hundred day moving average price of $16.04. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.36 and a quick ratio of 0.32. Carnival Co. & plc has a one year low of $10.84 and a one year high of $19.74. The company has a market cap of $18.74 billion, a price-to-earnings ratio of 64.23 and a beta of 2.57.

Carnival Co. & (NYSE:CCLGet Free Report) last posted its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.04. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.42 billion. During the same period in the previous year, the firm posted ($0.55) EPS. The firm’s revenue was up 22.0% compared to the same quarter last year. Analysts anticipate that Carnival Co. & plc will post 1.01 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Carnival Co. & in a research report on Wednesday, March 13th. They set a “buy” rating and a $20.00 price objective on the stock. William Blair reaffirmed an “outperform” rating on shares of Carnival Co. & in a research report on Monday, April 22nd. Tigress Financial raised their price target on shares of Carnival Co. & from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Argus dropped their price target on shares of Carnival Co. & from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, April 1st. Finally, Susquehanna dropped their price target on shares of Carnival Co. & from $23.00 to $22.00 and set a “positive” rating on the stock in a research report on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat, Carnival Co. & currently has a consensus rating of “Moderate Buy” and an average target price of $21.53.

Get Our Latest Analysis on Carnival Co. &

About Carnival Co. &

(Free Report)

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

Further Reading

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

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