Y Intercept Hong Kong Ltd Has $8.24 Million Position in Carnival Corporation $CCL

Y Intercept Hong Kong Ltd lifted its stake in Carnival Corporation (NYSE:CCL) by 1,022.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 318,525 shares of the company’s stock after buying an additional 290,136 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Carnival were worth $8,243,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. BOCHK Asset Management Ltd bought a new stake in shares of Carnival in the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Carnival during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of Carnival during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. increased its holdings in Carnival by 381.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after buying an additional 762 shares during the period. Finally, Optima Capital LLC bought a new position in shares of Carnival during the 4th quarter worth about $32,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Price Performance

NYSE:CCL opened at $27.95 on Friday. The firm has a market cap of $38.29 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.23 and a beta of 2.32. Carnival Corporation has a 12 month low of $23.45 and a 12 month high of $34.03. The company’s 50-day moving average price is $27.41 and its two-hundred day moving average price is $28.47. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL) last released its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. On average, equities analysts anticipate that Carnival Corporation will post 2.22 EPS for the current fiscal year.

Carnival Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 18th. This represents a $0.60 annualized dividend and a yield of 2.1%. Carnival’s dividend payout ratio is 27.03%.

Insider Buying and Selling

In other Carnival news, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the sale, the insider owned 69,238 shares of the company’s stock, valued at $1,945,587.80. This represents a 38.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on CCL. Argus set a $35.00 price target on shares of Carnival in a research report on Friday, June 26th. Truist Financial lowered their price objective on Carnival from $30.00 to $29.00 and set a “hold” rating on the stock in a research note on Friday, May 22nd. Zacks Research raised Carnival from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. The Goldman Sachs Group cut their target price on Carnival from $34.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Finally, Barclays decreased their price target on Carnival from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Carnival has a consensus rating of “Moderate Buy” and a consensus target price of $35.23.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.