Vinva Investment Management Ltd Purchases 265,842 Shares of Carnival Corporation $CCL

Vinva Investment Management Ltd increased its position in Carnival Corporation (NYSE:CCL) by 41.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 906,903 shares of the company’s stock after purchasing an additional 265,842 shares during the period. Carnival makes up 0.7% of Vinva Investment Management Ltd’s holdings, making the stock its 26th biggest holding. Vinva Investment Management Ltd’s holdings in Carnival were worth $25,010,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CCL. N.E.W. Advisory Services LLC bought a new stake in Carnival in the 1st quarter worth $25,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Carnival during the second quarter worth about $28,000. Banque Transatlantique SA bought a new stake in shares of Carnival in the first quarter worth about $33,000. Zions Bancorporation National Association UT purchased a new position in Carnival during the 1st quarter valued at about $35,000. Finally, Wealthquest Corp bought a new position in Carnival during the 1st quarter valued at approximately $36,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CCL shares. Argus cut their price objective on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, September 30th. UBS Group reaffirmed a “buy” rating on shares of Carnival in a research note on Tuesday. Susquehanna upped their price objective on shares of Carnival from $30.00 to $35.00 and gave the stock a “positive” rating in a report on Tuesday, September 30th. Tigress Financial lifted their target price on shares of Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, Zacks Research upgraded Carnival from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.70.

Carnival Price Performance

Shares of NYSE CCL opened at $25.48 on Thursday. The company has a 50 day simple moving average of $28.14 and a two-hundred day simple moving average of $27.86. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $32.80. The company has a market capitalization of $29.75 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.57 and a beta of 2.67. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.34.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.11. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The company had revenue of $8.15 billion for the quarter, compared to the consensus estimate of $8.09 billion. During the same quarter in the prior year, the business posted $1.27 EPS. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Analysts expect that Carnival Corporation will post 1.77 EPS for the current fiscal year.

Carnival Company Profile

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.