Carnival Co. & plc (NYSE:CCL) Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its stake in Carnival Co. & plc (NYSE:CCL) by 188.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,976 shares of the company’s stock after buying an additional 43,757 shares during the period. XTX Topco Ltd’s holdings in Carnival Co. & were worth $1,254,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Riverview Capital Advisers LLC grew its holdings in shares of Carnival Co. & by 1.9% during the second quarter. Riverview Capital Advisers LLC now owns 70,074 shares of the company’s stock worth $1,312,000 after purchasing an additional 1,334 shares during the last quarter. Seven Eight Capital LP acquired a new position in Carnival Co. & during the second quarter worth approximately $2,570,000. Hsbc Holdings PLC increased its position in Carnival Co. & by 17.3% during the second quarter. Hsbc Holdings PLC now owns 1,686,707 shares of the company’s stock worth $31,521,000 after buying an additional 249,058 shares during the period. Blair William & Co. IL lifted its stake in Carnival Co. & by 13.4% in the second quarter. Blair William & Co. IL now owns 20,944 shares of the company’s stock valued at $392,000 after buying an additional 2,483 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Carnival Co. & by 15.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 78,405 shares of the company’s stock valued at $1,448,000 after acquiring an additional 10,495 shares during the period. 67.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CCL has been the subject of several research reports. Hsbc Global Res upgraded shares of Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Susquehanna reiterated a “positive” rating and set a $22.00 target price on shares of Carnival Co. & in a research note on Wednesday, June 26th. Mizuho upped their price objective on Carnival Co. & from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday. Argus lifted their target price on Carnival Co. & from $20.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, June 27th. Finally, Truist Financial upped their price target on Carnival Co. & from $17.00 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, July 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Carnival Co. & currently has an average rating of “Moderate Buy” and a consensus target price of $22.63.

Carnival Co. & Stock Up 1.3 %

CCL stock opened at $19.00 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.24 and a debt-to-equity ratio of 3.99. The company’s 50-day moving average price is $16.59 and its 200 day moving average price is $16.14. Carnival Co. & plc has a 52 week low of $10.84 and a 52 week high of $19.74. The company has a market cap of $21.33 billion, a P/E ratio of 29.23 and a beta of 2.68.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings results on Tuesday, June 25th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. The business had revenue of $5.78 billion for 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 company’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.31) EPS. On average, research analysts expect that Carnival Co. & plc will post 1.19 earnings per share for the current fiscal year.

About Carnival Co. &

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.