Two Sigma Advisers LP trimmed its stake in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 43.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 437,300 shares of the company's stock after selling 336,900 shares during the quarter. Two Sigma Advisers LP owned about 0.23% of Carnival Co. & worth $9,844,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in CUK. Jump Financial LLC acquired a new stake in Carnival Co. & in the 4th quarter valued at approximately $1,701,000. BNP Paribas Financial Markets increased its position in Carnival Co. & by 3,456.4% in the 4th quarter. BNP Paribas Financial Markets now owns 33,288 shares of the company's stock valued at $749,000 after acquiring an additional 32,352 shares during the period. Charles Schwab Investment Management Inc. increased its position in Carnival Co. & by 18.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 57,019 shares of the company's stock valued at $1,283,000 after acquiring an additional 8,974 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in Carnival Co. & in the 4th quarter valued at approximately $9,435,000. Finally, Sei Investments Co. increased its position in Carnival Co. & by 183.6% in the 4th quarter. Sei Investments Co. now owns 158,191 shares of the company's stock valued at $3,561,000 after acquiring an additional 102,413 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.
Carnival Co. & Price Performance
NYSE CUK traded down $0.43 on Wednesday, reaching $20.84. 1,026,290 shares of the stock traded hands, compared to its average volume of 1,845,151. The firm's fifty day simple moving average is $17.88 and its 200 day simple moving average is $20.84. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 14.97 and a beta of 2.59. 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 data on Friday, March 21st. The company reported $0.13 earnings per share 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 return on equity of 24.13% and a net margin of 7.66%. As a group, research analysts predict that Carnival Co. & plc will post 1.7 EPS 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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