Exchange Traded Concepts LLC Has $281,000 Holdings in Carnival Corporation $CCL

Key Points

• Exchange Traded Concepts LLC slashed its Carnival stake by 96.0% in Q4, selling 220,066 shares and leaving it with 9,194 shares valued at about $281,000.
• Carnival beat Q1 estimates (non‑GAAP EPS $0.20 vs $0.18; revenue $6.17B, +6.1% YoY) and management’s PROPEL plan targets >50% EPS growth by 2029, indicating potential upside if demand, pricing and cost initiatives hold.
• Near‑term headwinds include rising oil prices and light fuel hedges that could pressure margins, alongside insider selling and mixed analyst views despite a consensus "Moderate Buy" and an average target of $34.17.

Exchange Traded Concepts LLC decreased its holdings in Carnival Corporation (NYSE:CCL - Free Report) by 96.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor 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.

Other large investors have also added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Carnival in the third quarter valued at approximately $1,291,000. National Pension Service grew its holdings in Carnival by 10.8% during the third quarter. National Pension Service now owns 2,795,560 shares of the company's stock worth $80,820,000 after buying an additional 272,452 shares in the last quarter. Mane Global Capital Management LP bought a new stake in Carnival during the second quarter worth $55,952,000. Russell Investments Group Ltd. raised its position in Carnival by 5.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,774,765 shares of the company's stock valued at $51,867,000 after buying an additional 93,565 shares during the last quarter. Finally, Generali Asset Management SPA SGR purchased a new stake in Carnival in the 3rd quarter valued at $1,422,000. Institutional investors own 67.19% of the company's stock.

Carnival Trading Up 0.0%

NYSE CCL opened at $25.65 on Monday. The business's fifty day moving average is $28.66 and its 200-day moving average is $28.60. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.30 and a quick ratio of 0.26. The stock has a market capitalization of $31.78 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.11 and a beta of 2.48. Carnival Corporation has a one year low of $15.07 and a one year high of $34.03.

Carnival (NYSE:CCL - Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.13 earnings per share. Equities research analysts predict that Carnival Corporation will post 1.77 EPS for the current 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

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 11,988 shares of the firm's stock in a transaction that occurred 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 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CCL has been the topic of a number of analyst reports. Wall Street Zen downgraded shares of Carnival from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Susquehanna dropped their price target on shares of Carnival from $40.00 to $30.00 and set a "positive" rating on the stock in a research report on Monday, March 23rd. William Blair restated an "outperform" rating on shares of Carnival in a report on Tuesday, March 3rd. UBS Group upped their price objective on shares of Carnival from $37.00 to $38.00 and gave the stock a "buy" rating in a research report on Monday, January 12th. Finally, Wolfe Research reiterated an "outperform" rating on shares of Carnival in a research note on Friday, December 19th. Twenty-one research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $34.17.

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.

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