GAMMA Investing LLC lifted its holdings in Carnival Corporation (NYSE:CUK - Free Report) by 1,569.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,856 shares of the company's stock after purchasing an additional 45,930 shares during the period. GAMMA Investing LLC's holdings in Carnival were worth $856,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in the business. Truist Financial Corp acquired a new stake in Carnival during the fourth quarter worth about $208,000. QRG Capital Management Inc. grew its position in Carnival by 21.1% during the fourth quarter. QRG Capital Management Inc. now owns 112,894 shares of the company's stock worth $2,541,000 after buying an additional 19,679 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Carnival during the fourth quarter worth about $158,000. Charles Schwab Investment Management Inc. grew its position in Carnival by 18.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 57,019 shares of the company's stock worth $1,283,000 after buying an additional 8,974 shares in the last quarter. Finally, Callan Family Office LLC acquired a new stake in Carnival during the fourth quarter worth about $593,000. 23.80% of the stock is currently owned by institutional investors.
Carnival Stock Performance
CUK stock traded up $0.11 during trading on Friday, reaching $21.42. 1,717,411 shares of the stock were exchanged, compared to its average volume of 1,873,991. Carnival Corporation has a twelve month low of $12.65 and a twelve month high of $26.14. The company has a market capitalization of $4.03 billion, a P/E ratio of 14.28 and a beta of 2.67. The stock has a 50 day simple moving average of $19.40 and a 200-day simple moving average of $20.69. The company has a current ratio of 0.26, a quick ratio of 0.21 and a debt-to-equity ratio of 2.78.
Carnival (NYSE:CUK - Get Free Report) last released its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. Carnival had a return on equity of 26.53% and a net margin of 8.07%. The business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $6.19 billion. As a group, sell-side analysts anticipate that Carnival Corporation will post 1.7 earnings per share for the current year.
About Carnival
(
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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