Consolidated Portfolio Review Corp Invests $222,000 in Carnival Corporation $CCL

Consolidated Portfolio Review Corp purchased a new stake in shares of Carnival Corporation (NYSE:CCL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 7,890 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp raised its position in Carnival by 19.4% during the second quarter. Truist Financial Corp now owns 53,846 shares of the company’s stock valued at $1,514,000 after acquiring an additional 8,744 shares in the last quarter. Eagle Wealth Strategies LLC increased its stake in shares of Carnival by 1.4% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock worth $730,000 after purchasing an additional 369 shares during the last quarter. Greenleaf Trust raised its holdings in shares of Carnival by 3.1% during the 2nd quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock valued at $409,000 after purchasing an additional 443 shares in the last quarter. Poinciana Advisors Group LLC bought a new position in shares of Carnival during the 2nd quarter valued at $220,000. Finally, HB Wealth Management LLC lifted its stake in shares of Carnival by 5.6% in the 2nd quarter. HB Wealth Management LLC now owns 27,884 shares of the company’s stock valued at $784,000 after purchasing an additional 1,475 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Stock Performance

CCL opened at $28.84 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10. The stock’s 50 day moving average price is $30.44 and its two-hundred day moving average price is $25.42. The firm has a market capitalization of $33.67 billion, a P/E ratio of 15.02, a price-to-earnings-growth ratio of 0.60 and a beta of 2.68. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $32.80.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Monday, September 29th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The company had revenue of $8.15 billion during the quarter, compared to analyst estimates of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.27 earnings per share. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. On average, equities analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current year.

Insiders Place Their Bets

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares in the company, valued at $1,916,078.50. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 7.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. TD Cowen assumed coverage on shares of Carnival in a research report on Tuesday, July 22nd. They set a “buy” rating and a $36.00 target price on the stock. Citigroup upped their price target on Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday. Tigress Financial raised their price objective on Carnival from $32.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Loop Capital restated a “hold” rating and issued a $22.00 target price on shares of Carnival in a report on Monday, June 23rd. Finally, Barclays increased their price target on Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Wednesday, September 17th. Seventeen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.90.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.