Mn Services Vermogensbeheer B.V. Acquires 93,261 Shares of Carnival Corporation $CCL

Mn Services Vermogensbeheer B.V. increased its holdings in shares of Carnival Corporation (NYSE:CCL) by 25.0% in the third quarter, Holdings Channel.com reports. The firm owned 465,761 shares of the company’s stock after purchasing an additional 93,261 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Carnival were worth $11,430,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CCL. Manning & Napier Advisors LLC acquired a new position in shares of Carnival in the second quarter valued at approximately $25,000. Basecamp Wealth Advisors LLC raised its holdings in shares of Carnival by 107.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company’s stock worth $27,000 after acquiring an additional 542 shares during the period. Axiom Investment Management LLC bought a new stake in Carnival in the 2nd quarter valued at $29,000. Ancora Advisors LLC bought a new stake in Carnival in the 2nd quarter valued at $29,000. Finally, Motiv8 Investments LLC acquired a new position in Carnival in the 4th quarter worth $32,000. Institutional investors own 67.19% of the company’s stock.

Analyst Ratings Changes

CCL has been the subject of a number of research reports. Citigroup increased their target price on Carnival from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. JPMorgan Chase & Co. reduced their price objective on Carnival from $43.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, September 24th. Stifel Nicolaus decreased their price objective on Carnival from $37.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft set a $32.00 target price on Carnival in a research report on Tuesday, September 22nd. Finally, Melius Research set a $36.00 price target on Carnival in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.14.

Carnival Trading Up 0.8%

Carnival stock opened at $26.35 on Friday. Carnival Corporation has a 52 week low of $21.45 and a 52 week high of $34.03. 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 stock has a market capitalization of $35.43 billion, a P/E ratio of 11.51, a PEG ratio of 1.11 and a beta of 2.38. The stock has a 50-day simple moving average of $25.06 and a 200 day simple moving average of $26.38.

Carnival (NYSE:CCL) last released its quarterly earnings data on Tuesday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. Carnival had a return on equity of 24.83% and a net margin of 11.37%. The firm had revenue of $8.44 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the prior year, the company earned $1.43 earnings per share. The business’s revenue for the quarter 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 expect that Carnival Corporation will post 2.27 earnings per share for the current year.

Carnival Profile

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.