30,967 Shares in Carnival Co. & plc (NYSE:CCL) Bought by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new stake in Carnival Co. & plc (NYSE:CCL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,967 shares of the company’s stock, valued at approximately $574,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sunbelt Securities Inc. increased its position in Carnival Co. & by 4.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 15,248 shares of the company’s stock valued at $209,000 after acquiring an additional 601 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Carnival Co. & by 10.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,341 shares of the company’s stock worth $136,000 after purchasing an additional 689 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its stake in shares of Carnival Co. & by 67.2% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock worth $34,000 after purchasing an additional 739 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Carnival Co. & by 1.5% during the fourth quarter. M&T Bank Corp now owns 55,145 shares of the company’s stock worth $1,022,000 after purchasing an additional 835 shares during the period. Finally, Signaturefd LLC grew its position in Carnival Co. & by 8.7% in the 4th quarter. Signaturefd LLC now owns 10,648 shares of the company’s stock valued at $197,000 after buying an additional 852 shares during the last quarter. 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 a number of analyst reports. Mizuho began coverage on shares of Carnival Co. & in a research report on Tuesday, March 26th. They set a “buy” rating and a $21.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Argus dropped their target price on Carnival Co. & from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, April 1st. The Goldman Sachs Group began coverage on Carnival Co. & in a report on Wednesday, March 13th. They issued a “buy” rating and a $20.00 price target for the company. Finally, Barclays upped their price objective on Carnival Co. & from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have issued a buy rating to the company. According to data from MarketBeat.com, Carnival Co. & presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.47.

Carnival Co. & Price Performance

Shares of NYSE:CCL traded up $0.16 on Monday, hitting $14.60. The company had a trading volume of 29,195,029 shares, compared to its average volume of 31,243,738. The company has a market cap of $16.39 billion, a PE ratio of 56.15 and a beta of 2.53. The business has a 50 day moving average of $15.55 and a 200 day moving average of $15.60. Carnival Co. & plc has a 52-week low of $9.68 and a 52-week high of $19.74. The company has a current ratio of 0.36, a quick ratio of 0.32 and a debt-to-equity ratio of 4.27.

Carnival Co. & (NYSE:CCL) last released its earnings results on Wednesday, March 27th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.04. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.42 billion. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%. The firm’s quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.55) EPS. As a group, equities analysts anticipate that Carnival Co. & plc will post 1.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Carnival Co. &

In other news, CFO David Bernstein sold 153,995 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the sale, the chief financial officer now owns 181,981 shares in the company, valued at $2,797,047.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.00% of the stock is currently owned by insiders.

Carnival Co. & Company Profile

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.