Graham Capital Management L.P. Has $1.36 Million Holdings in Carnival Corporation $CUK

Key Points

• Graham Capital Management L.P. increased its holdings in Carnival Corporation by 72.1%, owning a total of 77,588 shares worth approximately $1.36 million as of the end of the most recent quarter.
• Despite positive earnings, Carnival's stock has experienced a decline of 2.4%, trading at $28.38 with a market capitalization of $5.35 billion.
• Insider transactions show that Director Sir Jonathon Band sold 12,500 shares, reducing his ownership by 16.25% to approximately $1.92 million post-sale.

Graham Capital Management L.P. boosted its stake in shares of Carnival Corporation (NYSE:CUK - Free Report) by 72.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,588 shares of the company's stock after purchasing an additional 32,518 shares during the quarter. Graham Capital Management L.P.'s holdings in Carnival were worth $1,360,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets increased 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 valued at $749,000 after buying an additional 32,352 shares during the period. Mackenzie Financial Corp increased its holdings in Carnival by 160.3% in the 1st quarter. Mackenzie Financial Corp now owns 266,885 shares of the company's stock valued at $4,678,000 after buying an additional 164,359 shares during the period. Alberta Investment Management Corp bought a new stake in Carnival in the 1st quarter valued at $3,459,000. Ameriprise Financial Inc. bought a new stake in Carnival in the 4th quarter valued at $206,000. Finally, First Trust Advisors LP bought a new stake in Carnival in the 4th quarter valued at $202,000. Institutional investors own 23.80% of the company's stock.

Carnival Trading Down 2.4%

Shares of Carnival stock opened at $28.38 on Wednesday. The firm has a market capitalization of $5.35 billion, a PE ratio of 15.34 and a beta of 2.76. 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 company's fifty day moving average price is $27.08 and its two-hundred day moving average price is $21.95. Carnival Corporation has a 52-week low of $13.65 and a 52-week high of $29.77.

Carnival (NYSE:CUK - Get Free Report) last announced its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates 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. On average, analysts expect that Carnival Corporation will post 1.7 EPS for the current year.

Insider Transactions at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of the company's stock in a transaction dated 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 owned 64,406 shares of the company's stock, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.08% of the stock is owned by company insiders.

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.

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