Carnival Corporation $CCL Shares Bought by Danske Bank A S

Key Points

• Danske Bank raised its stake in Carnival by 15.7% in Q4 to 599,610 shares (about $18.3M), and institutional investors now own roughly 67.19% of the company.
• A UK court has sanctioned Carnival’s DLC unification and redomiciliation (Panama to Bermuda), clearing a major legal step that could simplify structure, improve governance and boost investor access/valuation.
• Carnival beat quarterly estimates (EPS $0.20 vs. $0.18; revenue $6.17B vs. $6.13B), has a market cap of ~$33.0B with a P/E of 11.85, and carries a consensus “Moderate Buy” rating with an average target of $33.99.

Danske Bank A S raised its stake in Carnival Corporation (NYSE:CCL - Free Report) by 15.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 599,610 shares of the company's stock after acquiring an additional 81,400 shares during the period. Danske Bank A S owned 0.05% of Carnival worth $18,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. CVA Family Office LLC raised its holdings in shares of Carnival by 15.6% in the fourth quarter. CVA Family Office LLC now owns 2,597 shares of the company's stock valued at $79,000 after buying an additional 350 shares during the last quarter. Net Worth Advisory Group raised its holdings in shares of Carnival by 2.9% in the fourth quarter. Net Worth Advisory Group now owns 12,383 shares of the company's stock valued at $378,000 after buying an additional 354 shares during the last quarter. Triad Wealth Partners LLC raised its holdings in shares of Carnival by 2.1% in the fourth quarter. Triad Wealth Partners LLC now owns 17,464 shares of the company's stock valued at $533,000 after buying an additional 358 shares during the last quarter. Commonwealth Financial Services LLC raised its holdings in shares of Carnival by 3.6% in the third quarter. Commonwealth Financial Services LLC now owns 10,957 shares of the company's stock valued at $317,000 after buying an additional 379 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of Carnival by 1.9% in the third quarter. Brooklyn Investment Group now owns 21,363 shares of the company's stock valued at $618,000 after buying an additional 396 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.

Carnival Price Performance

Shares of NYSE:CCL opened at $26.67 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 1.82. The company has a market cap of $33.04 billion, a P/E ratio of 11.85, a PEG ratio of 1.17 and a beta of 2.33. Carnival Corporation has a 52 week low of $19.02 and a 52 week high of $34.03. The company has a 50-day moving average price of $27.02 and a 200 day moving average price of $28.33.

Carnival (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. The firm had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 earnings per share. Research analysts predict that Carnival Corporation will post 2.23 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CCL. Sanford C. Bernstein reduced their target price on shares of Carnival from $33.00 to $28.70 and set a "market perform" rating for the company in a report on Monday, March 30th. Bank of America upped their target price on shares of Carnival from $40.00 to $45.00 and gave the company a "buy" rating in a report on Monday, January 12th. William Blair reaffirmed an "outperform" rating on shares of Carnival in a report on Tuesday, March 3rd. Citigroup reduced their target price on shares of Carnival from $39.00 to $35.00 and set a "buy" rating for the company in a report on Monday, March 30th. Finally, The Goldman Sachs Group reduced their target price on shares of Carnival from $34.00 to $30.00 and set a "buy" rating for the company in a report on Wednesday, March 11th. Twenty-one analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Carnival presently has a consensus rating of "Moderate Buy" and an average target price of $33.99.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 11,988 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following the completion of the sale, the director owned 52,601 shares in the company, valued at $1,377,620.19. This trade represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.90% of the stock is currently owned by insiders.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: UK court sanctioned Carnival’s DLC Unification and redomiciliation, clearing a major legal step to combine Carnival Corporation and Carnival plc and redomicile from Panama to Bermuda — this reduces structural complexity and may improve corporate governance, investor access and valuation multiple. Court Sanction of Scheme of Arrangement
• Positive Sentiment: An analyst note set a $33.99 target for CCL, signaling upside from current levels and potentially supporting buying interest if other catalysts align. Analysts Set Carnival Corporation NYSE: CCL Target Price at $33.99
• Positive Sentiment: Holland America Line (a Carnival brand) disclosed extended 2028 Grand Voyage itineraries (long, premium cruises) — a product upgrade that supports higher‑yield inventory and brand strength over time. Holland America Line Charts Six Continents and Rare and Renowned Ports in 2028 Grand Voyages
• Neutral Sentiment: Coverage pieces note Wall Street optimism toward Carnival; these editorial/analyst summaries can move sentiment but often lack immediate operational impact. Wall Street Bulls Look Optimistic About Carnival (CCL): Should You Buy?
• Neutral Sentiment: Market writeups explaining why CCL is trading up summarize recent catalysts (court sanction, analyst notes); they reinforce momentum but don't add new fundamentals. Why Carnival (CCL) stock is trading up today
• Negative Sentiment: Analysts and comparisons to peers (e.g., Booking Holdings) highlight persistent risks for Carnival — fuel cost volatility, macro/currency exposure and discretionary‑spending sensitivity — which could pressure margins and multiples. Carnival vs. Booking: Which Travel Stock Holds the Stronger Position?
• Negative Sentiment: Recent intraday/near‑term pullbacks have occurred (reports of a recent dip), underscoring short‑term volatility and sensitivity to broader market moves. Carnival (CCL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Carnival Company 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.

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