The most recent 13F filing that Aigen Investment Management LP submitted to the Securities and Exchange Commission revealed that the company increased the amount of Carnival Company & plc (NYSE: CCL) stock owned by 4.7% during the third quarter (SEC).
The institutional investor purchased 231,584 shares of the company’s stock throughout the relevant period, adding an additional 10,466 shares.
Aigen Investment Management LP had an investment worth $1,628,000 in Carnival Company and its subsidiaries as of the most recent reporting period.
This figure represents the value of the investment.
Several other hedge funds have also made adjustments to the percentage of the company’s stock that each hedge fund currently owns.
During the first three months of this year, American Century Companies INC increased its stake in Carnival Corporation by 13.3 percent.
American Century Companies INC now has a total of 33,016 shares worth a combined total of $667,000.
This was accomplished by purchasing an additional 3,869 shares during the period in question.
The value of the Commonwealth of Pennsylvania Public School Employees Retirement System’s holdings in Carnival Company rose by 7.2% over the first three months of the year. Currently, the Commonwealth of Pennsylvania Public School Empls Retrmt SYS possesses 108,222 shares of the company, which have a value of $2,188,000.
The company purchased an additional 7,248 shares during the quarter in question.
During the first three months of the year, Yousif Capital Management LLC added 3.4% more of its capital to its holdings in Carnival Company. Yousif Capital Management LLC now has a total of 137,825 shares of the company’s stock, with a current value of $2,787,000 after purchasing 4,536 additional shares during the period in question.
During the first three months of 2018, Dimensional Fund Advisors LP increased its shares in Carnival Company and its stake in the company by 2.0%.
After making additional purchases of 93,169 shares throughout the period, Dimensional Fund Advisors LP now has 4,734,230 shares of the company’s stock in its possession.
The total worth of the company’s stock holdings is calculated to be $95,697,000.
And finally, during the first three months of this year, Aviva PLC increased its holdings in Carnival Company & plc by 25.5% by purchasing additional shares.
Aviva PLC now owns 152,741 shares of the company’s stock, which are currently valued at $3,088,000.
This is because the company acquired 31,037 additional shares during the period. Currently, institutions hold over 49.87% of the total shares of stock that are currently outstanding.
You can find here the most recent commentary on the CCL stock that several experts in the field of equity research have provided. JPMorgan Chase & Co reaffirmed a “neutral” rating on shares of Carnival Company in a research note published on Tuesday, December 6.
The firm also established a price objective of $13.00 on the company’s stock.
Barclays upgraded Carnival Corp. from “underweight” to “overweight” and raised their price objective on the stock from $10.00 to $12.00 in a research note published on December 15. Stifel Nicolaus gave the stock a “buy” rating and increased their price objective for Carnival Corporation from $17.00 to $18.00 in a research report published on Wednesday, December 14.
A “buy” recommendation was also included in the report for the company.
Morgan Stanley raised their target price on Carnival Corporation shares from $6.00 to $7.00 and upgraded the company’s rating from “underweight” to “equal weight” in a research note published on Tuesday, January 10. Wells Fargo & Company rated the company’s stock as “underweight” in a research report published on Thursday, December 22.
The firm lowered its price target for Carnival Co and its shares from $10.00 to $9.00.
Both of these moves were made in conjunction with the report’s publication.
Both of these decisions were made directly from the company’s anticipated profit levels for the following calendar year.
There are currently five research analysts who advocate selling the stock, seven research analysts who advocate holding onto the stock, and six market experts who advocate purchasing the stock.
According to data from Bloomberg.com, the company is currently assigned a rating of “Hold” across the board, and analysts have projected that its share price will reach an average of $11.71 shortly.
NYSE: CCL began trading for $11.87 on Tuesday when the market opened.
During the preceding twelve months, the share price of Carnival Company & plc fluctuated between $6.11 and $23.86 at various points.
At the moment, the share price of the company is trading at $9.48, which is higher than its 200-day moving average price of $9.33.
The debt-to-equity ratio comes in at 4.52 to 1, the quick ratio comes in at 0.67 to 1, and the current ratio comes in at 0.71 to 1.
The most recent quarterly earnings report for Carnival Corporation, which is traded on the New York Stock Exchange under the ticker symbol CCL, was made public on December 21.
The company’s earnings per share for the period came in at $0.85, which was $0.04 more than the consensus estimate of $0.89 among industry professionals.
The analysts’ range of estimates for the company’s quarterly sales was from $3.96 billion to $3.84 billion, with the average estimate falling in the middle.
A negative value of 50.07 percent was assigned to Carnival Company’s net margin, and a negative value of 64.76 percent was assigned to the company’s return on equity.
The majority opinion of specialists in the relevant field is that Carnival Company & plc will post a loss of $0.18 in earnings per share for the current financial year.
One of the companies that are in the business of operating cruise ships is Carnival Corporation.
It provides services in several different business categories, some of which include North America and Australia (NAA) cruises, Europe and Asia (EA) cruise operations, cruise support, and tours. Several cruise lines have operations in both North America and Australia.
These lines include Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.
Another cruise line is known as NCL.
Have you considered looking into the other hedge funds that hold positions in CCL to see what you can find out about them? By going to HoldingsChannel.com, you can investigate the most recent 13F filings and insider trades for Carnival Company and plc (NYSE: CCL).
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