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Carnival Co. & plc (NYSE:CUK) Stake Increased by Aristeia Capital L.L.C.

Carnival Co. & logo with Consumer Discretionary background

Aristeia Capital L.L.C. lifted its position in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 13.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,130,485 shares of the company's stock after purchasing an additional 1,445,944 shares during the quarter. Carnival Co. & accounts for approximately 9.2% of Aristeia Capital L.L.C.'s portfolio, making the stock its 2nd largest holding. Aristeia Capital L.L.C. owned 6.46% of Carnival Co. & worth $273,057,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of Carnival Co. & by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock worth $66,000 after purchasing an additional 652 shares in the last quarter. Blue Trust Inc. raised its position in shares of Carnival Co. & by 18.7% in the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock valued at $83,000 after buying an additional 583 shares during the last quarter. Legal & General Group Plc raised its position in shares of Carnival Co. & by 106.2% in the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock valued at $156,000 after buying an additional 3,562 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Carnival Co. & in the fourth quarter worth about $158,000. Finally, First Trust Advisors LP acquired a new position in Carnival Co. & during the fourth quarter worth about $202,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Carnival Co. & Trading Up 1.2 %

Carnival Co. & stock traded up $0.21 during trading on Wednesday, reaching $17.96. 1,642,115 shares of the company were exchanged, compared to its average volume of 1,834,291. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The stock's 50 day simple moving average is $17.53 and its two-hundred day simple moving average is $20.83. The company has a market capitalization of $3.37 billion, a P/E ratio of 12.92 and a beta of 2.59. Carnival Co. & plc has a 52-week low of $12.65 and a 52-week high of $26.14.

Carnival Co. & (NYSE:CUK - Get Free Report) last posted its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $6.19 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. On average, equities research analysts expect that Carnival Co. & plc will post 1.7 earnings per share for the current fiscal year.

About Carnival Co. &

(Free Report)

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CUK)

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