American Century Companies Inc. Has $1.84 Million Holdings in Carnival Corporation $CUK

Key Points

• American Century Companies Inc. increased its stake in Carnival Corporation by 12.5%, acquiring an additional 11,691 shares to own a total of 105,129 shares worth approximately $1.84 million.
• Carnival's latest quarterly earnings report showed an earnings per share (EPS) of $0.35, exceeding the consensus estimate of $0.24, with revenues of $6.33 billion, surpassing expectations of $6.21 billion.
• Insider trading activity saw Director Sir Jonathon Band sell 12,500 shares at an average price of $29.75, marking a 16.25% decrease in his position and reflecting ongoing changes in insider ownership.

American Century Companies Inc. boosted its position in shares of Carnival Corporation (NYSE:CUK - Free Report) by 12.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 105,129 shares of the company's stock after purchasing an additional 11,691 shares during the period. American Century Companies Inc. owned about 0.06% of Carnival worth $1,843,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP bought a new position in shares of Carnival in the fourth quarter worth about $202,000. Ameriprise Financial Inc. bought a new position in shares of Carnival in the fourth quarter worth about $206,000. Squarepoint Ops LLC bought a new position in shares of Carnival in the fourth quarter worth about $217,000. Mariner LLC bought a new position in shares of Carnival in the fourth quarter worth about $241,000. Finally, Vident Advisory LLC bought a new position in shares of Carnival in the fourth quarter worth about $358,000. 23.80% of the stock is owned by institutional investors.

Carnival Price Performance

Shares of NYSE CUK traded down $0.16 during trading on Friday, reaching $28.85. The company had a trading volume of 1,034,803 shares, compared to its average volume of 1,269,361. Carnival Corporation has a 52 week low of $13.65 and a 52 week high of $29.77. The stock has a market cap of $5.44 billion, a PE ratio of 15.60 and a beta of 2.76. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.30 and a current ratio of 0.34. The business's 50 day moving average price is $27.37 and its 200-day moving average price is $22.06.

Carnival (NYSE:CUK - Get Free Report) last announced its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.11. The company had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.21 billion. Carnival had a net margin of 9.72% and a return on equity of 27.88%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. Analysts expect that Carnival Corporation will post 1.7 earnings per share for the current year.

Insider Transactions at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total transaction of $371,875.00. Following the completion of the transaction, the director owned 64,406 shares in the company, valued at approximately $1,916,078.50. The trade was a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.08% of the company's stock.

Carnival Company Profile

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.