BlackRock Amends Carnival Corp. Stake, Maintains Significant Holding
Ticker: CCL · Form: SC 13G/A · Filed: 2024-02-02T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, cruise-industry
Related Tickers: CCL
TL;DR
**BlackRock still owns a big chunk of Carnival, signaling institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on February 2, 2024, disclosing its ownership of Carnival Corporation's Common Stock as of December 31, 2023. This filing, Amendment No. 2, indicates BlackRock continues to be a significant institutional holder in Carnival, a major cruise line operator. This matters to investors because large institutional ownership by firms like BlackRock can signal confidence in the company's long-term prospects and can influence stock stability due to their typically long-term investment horizons.
Why It Matters
This filing confirms BlackRock's continued substantial investment in Carnival, which can be seen as a vote of confidence from a major institutional investor. For shareholders, this indicates a stable institutional presence in the stock.
Risk Assessment
Risk Level: low — This filing is routine and indicates stable institutional ownership, posing minimal immediate risk to investors.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder, which suggests a degree of institutional confidence in Carnival. While this filing doesn't reveal changes in ownership percentage, it confirms ongoing institutional interest.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- CARNIVAL CORP (company) — the issuer of the Common Stock
- December 31, 2023 (date) — the date of the event requiring the filing
- February 2, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 2, as stated in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY' section of the document.
What company's securities are the subject of this filing?
The subject company for this filing is CARNIVAL CORPORATION, as stated under 'Name of Issuer' in the Schedule 13G.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the Schedule 13G.
What is the SEDOL Number for the class of securities mentioned?
The SEDOL Number for the Common Stock of Carnival Corporation is 2523044, as listed in the Schedule 13G.
From the Filing
EDGAR Filing Documents for 0001086364-24-006210 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-006210 Filing Date 2024-02-02 Accepted 2024-02-02 14:18:06 Documents 1 Document Format Files Seq Description Document Type Size 1 pa1436583006_020224.txt SC 13G/A 12002 Complete submission text file 0001086364-24-006210.txt 13922 Mailing Address 3655 N W 87TH AVE PO BOX 1347 MIAMI FL 33178 Business Address 3655 N W 87TH AVE PO BOX 1347 MIAMI FL 33178-2428 3055992600 CARNIVAL CORP (Subject) CIK : 0000815097 (see all company filings) EIN. : 591562976 | State of Incorp.: DE | Fiscal Year End: 1130 Type: SC 13G/A | Act: 34 | File No.: 005-39580 | Film No.: 24590242 SIC : 4400 Water Transportation (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)