Voloridge Investment Management LLC bought a new stake in shares of Carnival Co. & plc (NYSE:CUK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 727,661 shares of the company's stock, valued at approximately $16,380,000. Voloridge Investment Management LLC owned about 0.39% of Carnival Co. & at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Vident Advisory LLC bought a new stake in Carnival Co. & during the fourth quarter valued at $358,000. Squarepoint Ops LLC bought a new stake in Carnival Co. & during the fourth quarter valued at $217,000. Point72 Asset Management L.P. bought a new stake in Carnival Co. & during the fourth quarter valued at $1,351,000. Lazard Asset Management LLC increased its stake in Carnival Co. & by 18.7% during the fourth quarter. Lazard Asset Management LLC now owns 275,777 shares of the company's stock valued at $6,207,000 after purchasing an additional 43,369 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new stake in Carnival Co. & during the fourth quarter valued at $2,036,000. Institutional investors own 23.80% of the company's stock.
Carnival Co. & Stock Performance
Shares of Carnival Co. & stock traded down $0.43 during trading on Wednesday, hitting $20.84. 1,180,853 shares of the stock were exchanged, compared to its average volume of 1,845,460. The stock's fifty day moving average is $17.88 and its 200 day moving average is $20.84. The stock has a market cap of $3.92 billion, a PE ratio of 15.00 and a beta of 2.59. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & plc has a 12 month low of $12.65 and a 12 month high of $26.14.
Carnival Co. & (NYSE:CUK - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. The business had revenue of $5.81 billion during 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%. As a group, sell-side analysts anticipate that Carnival Co. & plc will post 1.7 EPS for the current year.
Carnival Co. & 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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