Carnival Corporation $CCL Stock Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. increased its position in shares of Carnival Corporation (NYSE:CCL – Free Report) by 25.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 465,761 shares of the company’s stock after acquiring an additional 93,261 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Carnival were worth $11,430,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC increased its position in Carnival by 66.4% in the second quarter. Ancora Advisors LLC now owns 1,015 shares of the company’s stock worth $29,000 after purchasing an additional 405 shares during the period. Sims Investment Management LLC lifted its position in Carnival by 0.8% during the 1st quarter. Sims Investment Management LLC now owns 56,299 shares of the company’s stock valued at $1,457,000 after purchasing an additional 470 shares during the period. Basecamp Wealth Advisors LLC boosted its stake in shares of Carnival by 107.8% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock valued at $27,000 after purchasing an additional 542 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of Carnival by 22.7% in the 2nd quarter. CoreCap Advisors LLC now owns 2,932 shares of the company’s stock valued at $84,000 after purchasing an additional 543 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Carnival by 6.6% during the 1st quarter. Parallel Advisors LLC now owns 9,017 shares of the company’s stock worth $233,000 after buying an additional 555 shares during the period. Institutional investors own 67.19% of the company’s stock.

Carnival Stock Up 0.8%

Shares of NYSE:CCL opened at $26.35 on Friday. The company has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $26.38. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.23 and a current ratio of 0.27. The company has a market capitalization of $35.43 billion, a PE ratio of 11.51, a PEG ratio of 1.11 and a beta of 2.38. Carnival Corporation has a 52 week low of $21.45 and a 52 week high of $34.03.

Carnival (NYSE:CCL – Get Free Report) last announced its quarterly earnings results on Tuesday, September 29th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. Carnival had a net margin of 11.37% and a return on equity of 24.83%. The company had revenue of $8.44 billion for the quarter, compared to analysts’ expectations of $8.39 billion. During the same period last year, the firm posted $1.43 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. Analysts forecast that Carnival Corporation will post 2.27 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CCL shares. Weiss Ratings lowered shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 10th. JPMorgan Chase & Co. lowered their target price on shares of Carnival from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft set a $32.00 target price on shares of Carnival in a research report on Tuesday, September 22nd. Citigroup raised their price target on Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Finally, Wells Fargo & Company decreased their price objective on Carnival from $36.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.14.

View Our Latest Analysis on Carnival

Carnival Company Profile

(Free Report)

Carnival Corporation & plc (NYSE: CCL) is a global leisure travel company that operates cruise lines and related vacation businesses. Its brands offer ocean cruises, onboard entertainment, dining, accommodation, excursions and other travel experiences to passengers across a range of price points and destinations.

The company’s portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, P&O Cruises, P&O Cruises Australia, AIDA Cruises and Costa Cruises.

See Also

Institutional Ownership by Quarter for Carnival (NYSE:CCL)

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