Assenagon Asset Management S.A. Sells 1,428,694 Shares of Carnival Corporation $CCL

Assenagon Asset Management S.A. lessened its holdings in shares of Carnival Corporation (NYSE:CCL) by 41.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,994,393 shares of the company’s stock after selling 1,428,694 shares during the period. Assenagon Asset Management S.A.’s holdings in Carnival were worth $60,909,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CCL. Vanguard Group Inc. boosted its position in shares of Carnival by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 127,764,837 shares of the company’s stock worth $3,693,681,000 after purchasing an additional 1,101,344 shares during the last quarter. State Street Corp increased its holdings in Carnival by 4.1% in the third quarter. State Street Corp now owns 47,369,740 shares of the company’s stock valued at $1,369,459,000 after purchasing an additional 1,845,850 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Carnival by 0.8% in 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 boosted its holdings in Carnival by 9.6% during the third quarter. Causeway Capital Management LLC now owns 31,912,001 shares of the company’s stock worth $922,576,000 after buying an additional 2,783,927 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Carnival by 50.7% during the third quarter. Dimensional Fund Advisors LP now owns 14,510,016 shares of the company’s stock worth $419,573,000 after buying an additional 4,883,024 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Market risk sentiment improved after signs of de‑escalation in the Middle East and a drop in crude prices, which reduces near‑term fuel cost worries for fuel‑sensitive cruise operators — a key reason the stock has rallied recently. Read More.
• Positive Sentiment: Near‑term momentum ahead of Carnival’s Q1 report: analysts and commentators note strong bookings and pricing trends even as fuel and regional mix remain questions — this has supported buying into the name ahead of the print. Read More.
• Neutral Sentiment: Brand and itinerary updates (Princess South America season; Cunard fashion partnership) help marketing and long‑term demand positioning but are unlikely to move near‑term earnings materially. Read More. · Read More.
• Neutral Sentiment: Carnival is moving to simplify its dual‑listed capital structure by voluntarily delisting certain debt listings — a corporate governance/capital‑markets cleanup that may reduce complexity for fixed‑income investors but has limited immediate EPS impact. Read More.
• Negative Sentiment: Several analysts trimmed price targets recently (Truist, Barclays, Susquehanna among others), reflecting lingering margin risk from fuel and cost pressures — analyst downgrades or lower targets can cap upside ahead of clearer guidance. Read More.
• Negative Sentiment: Disclosure of insider sales and large, mixed hedge‑fund rebalancing highlighted by data services can spook investors; notable insider sales were flagged in recent reporting. Such flows can add volatility into the earnings window. Read More.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CCL shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research report on Friday, December 26th. UBS Group boosted their price objective on shares of Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, January 12th. Stifel Nicolaus cut their target price on shares of Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. William Blair reissued an “outperform” rating on shares of Carnival in a research report on Tuesday, March 3rd. Finally, Argus reissued a “buy” rating and issued a $35.00 price target on shares of Carnival in a report on Monday, December 22nd. Twenty equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Carnival Trading Down 0.0%

NYSE:CCL opened at $25.45 on Wednesday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28. The business’s 50-day simple moving average is $29.22 and its 200-day simple moving average is $28.95. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The stock has a market capitalization of $31.53 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 0.98 and a beta of 2.42.

About Carnival

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.