264,275 Shares in Carnival Corporation $CCL Purchased by Mishpacha Holdings Corp

Mishpacha Holdings Corp bought a new stake in Carnival Corporation (NYSE:CCL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 264,275 shares of the company’s stock, valued at approximately $8,071,000. Carnival comprises approximately 6.7% of Mishpacha Holdings Corp’s investment portfolio, making the stock its 5th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Carnival by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock worth $3,913,190,000 after purchasing an additional 368,445 shares during the last quarter. State Street Corp raised its position in shares of Carnival by 1.5% in the fourth quarter. State Street Corp now owns 48,074,173 shares of the company’s stock valued at $1,468,185,000 after buying an additional 704,433 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Carnival by 0.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,109,629 shares of the company’s stock valued at $1,043,929,000 after buying an additional 291,864 shares during the period. Causeway Capital Management LLC lifted its stake in shares of Carnival by 9.6% during the third quarter. Causeway Capital Management LLC now owns 31,912,001 shares of the company’s stock valued at $922,576,000 after buying an additional 2,783,927 shares during the period. Finally, Geode Capital Management LLC boosted its position in Carnival by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock worth $896,104,000 after acquiring an additional 683,311 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Analysts remain constructive on Carnival alongside other consumer cyclical names, reinforcing the view that the cruise operator still has room to benefit from resilient leisure spending. Analysts Are Bullish on Top Consumer Cyclical Stocks: Carnival (CCL), AUTO1 Group SE (ATOGF)
• Positive Sentiment: Carnival’s Mediterranean expansion plans for Holland America and broader itinerary growth are being viewed as a sign of stronger booking opportunities and a deeper product offering. Carnival Stock Pops on Mediterranean Expansion Plans
• Positive Sentiment: Lower oil prices are helping cruise stocks, and Carnival is benefiting from easing fuel-cost pressure after geopolitical concerns around the Strait of Hormuz cooled. Carnival Stock Rises As Oil Prices Fall After MoU
• Positive Sentiment: Carnival and Starboard’s limited-edition Bulleit Bourbon launch across 14 ships adds an onboard revenue and branding initiative tied to America’s 250th anniversary. Carnival (CCL) Launches Limited Edition Bulleit Bourbon Across 14 Ships
• Neutral Sentiment: Several previews ahead of Carnival’s June 23 Q2 earnings note that expectations are centered on earnings stability and continued onboard spending strength, but investors are waiting for confirmation from results. Carnival Reports Q2 Earnings Next Week. What Investors Should Expect.
• Neutral Sentiment: Broader market commentary shows investors are favoring strong fundamentals and cyclicals, which is supportive for CCL but not specific to the company. The Unstoppable Stock Market Rally Is Defying Fed Fears

Analysts Set New Price Targets

Several analysts have commented on CCL shares. Weiss Ratings cut shares of Carnival from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. UBS Group reduced their price target on Carnival from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Wells Fargo & Company decreased their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Zacks Research raised Carnival from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Melius Research set a $36.00 target price on Carnival in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Carnival presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.94.

Insider Buying and Selling at Carnival

In related news, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the transaction, the director owned 52,601 shares in the company, valued at approximately $1,377,620.19. This trade represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bettina Alejandra Deynes sold 43,058 shares of Carnival stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the transaction, the insider owned 69,238 shares in the company, valued at $1,945,587.80. The trade was a 38.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 55,058 shares of company stock worth $1,524,195 over the last ninety days. Corporate insiders own 7.90% of the company’s stock.

Carnival Price Performance

Carnival stock opened at $30.92 on Friday. Carnival Corporation has a 1 year low of $22.58 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The firm has a 50 day moving average price of $27.28 and a 200 day moving average price of $28.30. The company has a market cap of $38.31 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 1.36 and a beta of 2.32.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. Carnival’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. Sell-side analysts predict that Carnival Corporation will post 2.22 earnings per share for the current year.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s dividend payout ratio (DPR) is 26.67%.

Carnival 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.