BNP Paribas Invests $32,000 in Carnival Co. & plc (NYSE:CCL)

BNP Paribas bought a new stake in Carnival Co. & plc (NYSE:CCLFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,965 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its stake in shares of Carnival Co. & by 4.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 15,248 shares of the company’s stock worth $209,000 after acquiring an additional 601 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Carnival Co. & by 10.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,341 shares of the company’s stock valued at $136,000 after purchasing an additional 689 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Carnival Co. & by 7.5% in the first quarter. GAMMA Investing LLC now owns 10,356 shares of the company’s stock valued at $169,000 after purchasing an additional 726 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its position in shares of Carnival Co. & by 67.2% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock valued at $34,000 after purchasing an additional 739 shares during the period. Finally, 1832 Asset Management L.P. lifted its stake in shares of Carnival Co. & by 66.7% during the 4th quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock worth $37,000 after buying an additional 800 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CCL has been the topic of several research analyst reports. Stifel Nicolaus lowered their price target on shares of Carnival Co. & from $26.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft lifted their price target on Carnival Co. & from $18.00 to $19.00 and gave the stock a “hold” rating in a report on Wednesday, June 26th. The Goldman Sachs Group started coverage on shares of Carnival Co. & in a research note on Wednesday, March 13th. They issued a “buy” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Carnival Co. & from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Finally, William Blair restated an “outperform” rating on shares of Carnival Co. & in a research report on Monday, April 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $21.83.

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Carnival Co. & Stock Up 2.1 %

Shares of NYSE:CCL opened at $17.57 on Tuesday. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.24 and a current ratio of 0.28. Carnival Co. & plc has a 52-week low of $10.84 and a 52-week high of $19.74. The company has a market capitalization of $19.72 billion, a PE ratio of 27.03 and a beta of 2.68. The company has a fifty day moving average of $15.95 and a 200-day moving average of $16.07.

Carnival Co. & (NYSE:CCLGet Free Report) last issued its earnings results on Tuesday, June 25th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. The business had revenue of $5.78 billion during the quarter, compared to analysts’ expectations of $5.68 billion. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.31) EPS. On average, equities analysts predict that Carnival Co. & plc will post 1.19 EPS for the current fiscal year.

Carnival Co. & Profile

(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.

See Also

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

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