Exchange Traded Concepts LLC Sells 220,066 Shares of Carnival Corporation $CCL

Exchange Traded Concepts LLC decreased its position in shares of Carnival Corporation (NYSE:CCL) by 96.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,194 shares of the company’s stock after selling 220,066 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Carnival were worth $281,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Carnival by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after purchasing an additional 5,435 shares during the last quarter. Great Lakes Advisors LLC purchased a new position in shares of Carnival in the first quarter worth about $228,000. Empowered Funds LLC raised its position in shares of Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after purchasing an additional 11,601 shares during the period. Woodline Partners LP raised its position in shares of Carnival by 41.9% in the first quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock valued at $1,729,000 after purchasing an additional 26,141 shares during the period. Finally, Fisher Asset Management LLC purchased a new stake in shares of Carnival during the 2nd quarter valued at approximately $342,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on CCL. William Blair reiterated an “outperform” rating on shares of Carnival in a research note on Tuesday, March 3rd. TD Cowen reaffirmed a “buy” rating on shares of Carnival in a report on Tuesday, January 13th. Susquehanna reduced their price target on Carnival from $40.00 to $30.00 and set a “positive” rating for the company in a research report on Monday, March 23rd. HSBC upgraded Carnival from a “hold” rating to a “buy” rating and decreased their price objective for the company from $33.60 to $30.10 in a research note on Monday, March 30th. Finally, Argus reissued a “buy” rating and set a $35.00 price objective on shares of Carnival in a report on Monday, December 22nd. Twenty-one equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.17.

Carnival Stock Up 0.0%

Shares of NYSE:CCL opened at $25.65 on Monday. The firm has a fifty day moving average price of $28.66 and a two-hundred day moving average price of $28.60. The company has a market cap of $31.78 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.11 and a beta of 2.48. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.30 and a quick ratio of 0.26. Carnival Corporation has a one year low of $15.07 and a one year high of $34.03.

Carnival (NYSE:CCL) last released its quarterly earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 earnings per share. Analysts anticipate that Carnival Corporation will post 1.77 EPS for the current fiscal year.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival reported a Q1 beat (non‑GAAP EPS $0.20 vs. $0.18 consensus) with revenue up ~6% and reiterated strong booking momentum — fundamentals support upside if demand and yields hold. Q1 Deep Dive
• Positive Sentiment: Management’s PROPEL plan targets >50% EPS growth by 2029, signaling potential meaningful margin/earnings upside if pricing, ancillary spend and cost initiatives execute. PROPEL Analysis
• Neutral Sentiment: Consensus remains constructive but mixed: the stock carries many buy/overweight ratings and several price targets above current levels, yet analysts’ views and targets vary — creates both upside scenarios and execution risk. MarketBeat Consensus
• Negative Sentiment: Macro/energy is the main near‑term headwind — oil rebounded above $100/bbl amid Middle East tensions, reviving concerns about Carnival’s fuel exposure and limited hedging and pressuring margins and sentiment. 24/7 Wall St. Fuel Story
• Negative Sentiment: Market commentary highlights Carnival’s light fuel hedges — analysts note the stock reacts strongly to daily oil moves, making headlines about crude a key driver independent of demand strength. QuiverQuant Oil Analysis
• Negative Sentiment: Insider selling: director Sir Jonathon Band sold ~12,000 shares (~$314k), a disclosure that can amplify negative sentiment during sector weakness. InsiderTrades Sale
• Negative Sentiment: Competitive/profitability pressure: analysis comparing Royal Caribbean and Carnival highlights Royal Caribbean’s higher margins and premium positioning — a reminder Carnival’s valuation advantage may be offset by lower long‑term returns if yield/mix don’t improve. Fool: Royal Caribbean vs Carnival
• Negative Sentiment: Some analyst notes and target trims add pressure despite buys — mixed broker moves keep near‑term sentiment fragile even after the beat. Analyst Notes

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.