Fiduciary Family Office LLC Cuts Stock Holdings in Carnival Corporation $CCL

Fiduciary Family Office LLC reduced its stake in shares of Carnival Corporation (NYSE:CCL) by 65.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,123 shares of the company’s stock after selling 20,972 shares during the quarter. Fiduciary Family Office LLC’s holdings in Carnival were worth $340,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. BOCHK Asset Management Ltd bought a new stake in shares of Carnival in the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in Carnival during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in Carnival in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. increased its stake in Carnival by 381.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock worth $29,000 after purchasing an additional 762 shares during the period. Finally, Optima Capital LLC bought a new stake in Carnival in the fourth quarter valued at approximately $32,000. 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 the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total transaction of $313,965.72. Following the sale, the director owned 52,601 shares in the company, valued at approximately $1,377,620.19. The trade was a 18.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $28.10, for a total transaction of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares in the company, valued at $1,945,587.80. This represents a 38.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 55,058 shares of company stock worth $1,524,195. 7.90% of the stock is owned by insiders.

Carnival Price Performance

CCL stock opened at $27.62 on Wednesday. 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 1 year low of $22.11 and a 1 year high of $34.03. The firm has a 50-day moving average of $26.41 and a 200 day moving average of $28.04. The company has a market cap of $34.22 billion, a P/E ratio of 12.28, a PEG ratio of 1.22 and a beta of 2.32.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The business had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. During the same period in the previous year, the firm posted $0.13 EPS. The business’s revenue was up 6.1% on a year-over-year basis. On average, sell-side analysts forecast that Carnival Corporation will post 2.21 EPS for the current year.

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. Carnival’s payout ratio is currently 26.67%.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival completed the first LNG bunker fueling operation in Latin America and the Western Caribbean, a milestone that supports cleaner-fuel infrastructure and the company’s long-term operating strategy. Carnival Corporation Brings Cruise Industry’s First LNG Bunkering to Latin America & Western Caribbean
• Positive Sentiment: Princess Cruises, a Carnival brand, announced its largest-ever Europe season for 2028 with 291 departures across 150 itineraries, suggesting strong future demand and broader itinerary offerings. Princess Cruises Announces Largest- Ever Europe Season for 2028

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Stifel Nicolaus dropped their price objective on Carnival from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Zacks Research upgraded shares of Carnival from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Mizuho increased their price target on shares of Carnival from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. William Blair reissued an “outperform” rating on shares of Carnival in a report on Tuesday, March 3rd. Finally, Barclays decreased their target price on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a report on Tuesday, March 24th. Twenty analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and an average price target of $34.80.

Carnival Profile

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.