Landscape Capital Management L.L.C. Increases Stock Holdings in Carnival Corporation $CUK

Key Points

• Landscape Capital Management L.L.C. has increased its holdings in Carnival Corporation by 12.3%, acquiring an additional 29,013 shares to reach a total of 264,307 shares valued at approximately $4.63 million.
• Institutional investors now own 23.80% of Carnival's stock, with Legal & General Group Plc increasing its holdings by 106.2% during the fourth quarter.
• Carnival's stock price recently rose 1.3%, with the company reporting $0.35 EPS for the latest quarter, exceeding analysts' expectations of $0.24 EPS.

Landscape Capital Management L.L.C. grew its stake in shares of Carnival Corporation (NYSE:CUK - Free Report) by 12.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,307 shares of the company's stock after buying an additional 29,013 shares during the period. Landscape Capital Management L.L.C. owned 0.14% of Carnival worth $4,633,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CUK. JPMorgan Chase & Co. increased its position in shares of Carnival by 12,000.0% in the fourth quarter. JPMorgan Chase & Co. now owns 15,730 shares of the company's stock worth $354,000 after purchasing an additional 15,600 shares during the last quarter. Legal & General Group Plc boosted its stake in Carnival by 106.2% in the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after buying an additional 3,562 shares in the last quarter. Mariner LLC purchased a new stake in Carnival in the fourth quarter worth approximately $241,000. First Trust Advisors LP purchased a new stake in Carnival in the fourth quarter worth approximately $202,000. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Carnival by 12.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 58,330 shares of the company's stock worth $1,313,000 after buying an additional 6,441 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total transaction of $371,875.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.08% of the company's stock.

Carnival Price Performance

CUK traded down $0.52 during midday trading on Monday, hitting $29.05. The stock had a trading volume of 1,296,566 shares, compared to its average volume of 1,406,112. The company has a market cap of $5.48 billion, a P/E ratio of 15.70 and a beta of 2.76. The business has a fifty day moving average of $26.83 and a 200 day moving average of $21.87. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.30 and a current ratio of 0.34. Carnival Corporation has a 1 year low of $13.65 and a 1 year high of $29.77.

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

About Carnival

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.