Invesco Ltd. acquired a new position in Carnival Corporation (NYSE:CUK - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,148 shares of the company's stock, valued at approximately $283,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in Carnival by 3,456.4% in the 4th quarter. BNP Paribas Financial Markets now owns 33,288 shares of the company's stock worth $749,000 after buying an additional 32,352 shares during the period. Mackenzie Financial Corp boosted its holdings in Carnival by 160.3% in the 1st quarter. Mackenzie Financial Corp now owns 266,885 shares of the company's stock worth $4,678,000 after buying an additional 164,359 shares during the period. Alberta Investment Management Corp bought a new position in Carnival in the 1st quarter worth approximately $3,459,000. Charles Schwab Investment Management Inc. boosted its holdings in Carnival by 33.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 76,317 shares of the company's stock worth $1,338,000 after buying an additional 19,298 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in Carnival in the 4th quarter worth approximately $206,000. 23.80% of the stock is owned by institutional investors.
Insider Transactions at Carnival
In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares in the company, valued at $1,916,078.50. This represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is owned by corporate insiders.
Carnival Stock Performance
NYSE CUK opened at $28.85 on Monday. Carnival Corporation has a 1 year low of $13.65 and a 1 year high of $29.77. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.30. The stock has a market capitalization of $5.44 billion, a PE ratio of 15.60 and a beta of 2.76. The company's 50 day simple moving average is $27.37 and its two-hundred day simple moving average is $22.06.
Carnival (NYSE:CUK - Get Free Report) last posted its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.11. Carnival had a net margin of 9.72% and a return on equity of 27.88%. The business had revenue of $6.33 billion for the quarter, compared to analysts' expectations of $6.21 billion. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. Analysts predict that Carnival Corporation will post 1.7 earnings per share for the current fiscal year.
Carnival Company Profile
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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.
Further Reading
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