Mufg Securities Americas Inc. Has $654,000 Stock Position in Carnival Corporation $CCL

Mufg Securities Americas Inc. increased its stake in Carnival Corporation (NYSE:CCL) by 25.5% in the second quarter, Holdings Channel.com reports. The firm owned 23,270 shares of the company’s stock after purchasing an additional 4,723 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Carnival were worth $654,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. REAP Financial Group LLC grew its stake in shares of Carnival by 10.5% during the 2nd quarter. REAP Financial Group LLC now owns 3,678 shares of the company’s stock worth $103,000 after acquiring an additional 349 shares in the last quarter. Eagle Wealth Strategies LLC increased its position in Carnival by 1.4% during the second quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock worth $730,000 after buying an additional 369 shares during the last quarter. 1834 Investment Advisors Co. raised its stake in Carnival by 1.6% in the second quarter. 1834 Investment Advisors Co. now owns 23,964 shares of the company’s stock valued at $674,000 after buying an additional 372 shares during the period. Greenleaf Trust raised its stake in Carnival by 3.1% in the second quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock valued at $409,000 after buying an additional 443 shares during the period. Finally, Encompass Wealth Advisors LLC boosted its stake in shares of Carnival by 2.9% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company’s stock worth $465,000 after acquiring an additional 466 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CCL has been the topic of a number of recent analyst reports. Zacks Research raised Carnival from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. UBS Group set a $35.00 price objective on shares of Carnival and gave the company a “buy” rating in a report on Wednesday, October 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Carnival in a research note on Wednesday, October 8th. Citigroup upped their price target on shares of Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Finally, Barclays increased their price target on shares of Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $33.33.

Carnival Price Performance

NYSE:CCL opened at $26.55 on Monday. Carnival Corporation has a 52 week low of $15.07 and a 52 week high of $32.80. The firm has a market cap of $31.00 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of 0.57 and a beta of 2.67. The firm’s 50-day simple moving average is $28.49 and its 200 day simple moving average is $27.81. 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 data on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The firm had revenue of $8.15 billion during the quarter, compared to the consensus estimate of $8.09 billion. During the same quarter in the previous year, the firm posted $1.27 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts predict that Carnival Corporation will post 1.77 earnings per share for the current year.

About Carnival

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.