Jane Street Group LLC trimmed its holdings in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 34.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,195 shares of the company's stock after selling 14,232 shares during the quarter. Jane Street Group LLC's holdings in Carnival Co. & were worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its stake in shares of Carnival Co. & by 60.0% in the fourth quarter. Optiver Holding B.V. now owns 160,279 shares of the company's stock worth $3,608,000 after buying an additional 60,123 shares during the last quarter. Credit Industriel ET Commercial purchased a new stake in shares of Carnival Co. & in the fourth quarter worth about $10,243,000. State of Tennessee Department of Treasury boosted its stake in shares of Carnival Co. & by 48.9% in the fourth quarter. State of Tennessee Department of Treasury now owns 140,449 shares of the company's stock worth $3,162,000 after buying an additional 46,103 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of Carnival Co. & in the fourth quarter worth about $202,000. Finally, Freedom Investment Management Inc. acquired a new position in Carnival Co. & in the 4th quarter worth about $564,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.
Carnival Co. & Price Performance
CUK stock traded up $0.01 during mid-day trading on Friday, reaching $20.91. 1,593,813 shares of the company's stock were exchanged, compared to its average volume of 1,854,388. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 15.04 and a beta of 2.59. The stock's 50 day moving average is $17.99 and its 200 day moving average is $20.80. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. 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 earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $6.19 billion. On average, research analysts expect that Carnival Co. & plc will post 1.7 EPS for the current 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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