Trexquant Investment LP trimmed its position in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 73.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 218,228 shares of the company's stock after selling 597,533 shares during the quarter. Trexquant Investment LP owned approximately 0.12% of Carnival Co. & worth $4,912,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in CUK. OLD Mission Capital LLC grew its position in shares of Carnival Co. & by 196.4% in the fourth quarter. OLD Mission Capital LLC now owns 51,079 shares of the company's stock valued at $1,150,000 after purchasing an additional 33,843 shares during the last quarter. Trans Canada Capital Inc. acquired a new position in shares of Carnival Co. & in the fourth quarter worth $2,105,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Carnival Co. & by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company's stock valued at $68,915,000 after acquiring an additional 136,764 shares in the last quarter. Norges Bank acquired a new stake in shares of Carnival Co. & during the fourth quarter valued at $132,714,000. Finally, JPMorgan Chase & Co. increased its position in Carnival Co. & by 12,000.0% during the 4th quarter. JPMorgan Chase & Co. now owns 15,730 shares of the company's stock worth $354,000 after purchasing an additional 15,600 shares in the last quarter. Hedge funds and other institutional investors own 23.80% of the company's stock.
Carnival Co. & Trading Down 10.9 %
NYSE:CUK traded down $1.94 on Thursday, reaching $15.76. The stock had a trading volume of 1,169,735 shares, compared to its average volume of 1,834,511. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 11.35 and a beta of 2.47. Carnival Co. & plc has a 12-month low of $12.50 and a 12-month high of $26.14. 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 firm's fifty day moving average is $20.01 and its two-hundred day moving average is $20.95.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $6.19 billion. Equities analysts expect that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.
Carnival Co. & Company Profile
(
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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