Maven Securities LTD Has $1.72 Million Position in Carnival Corporation $CUK

Key Points

• Maven Securities LTD reduced its holdings in Carnival Corporation (NYSE:CUK) by 22.3% during the 1st quarter, now owning approximately 0.05% of the company, worth $1.72 million.
• The stock opened at $27.57 with a 12-month high of $28.29 and a low of $13.65, amidst several institutional investments that increased their positions.
• Carnival reported a $0.35 earnings per share for the latest quarter, exceeding analysts' expectations of $0.24, with revenue reaching $6.33 billion.

Maven Securities LTD reduced its holdings in Carnival Corporation (NYSE:CUK - Free Report) by 22.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,331 shares of the company's stock after selling 28,248 shares during the quarter. Maven Securities LTD owned 0.05% of Carnival worth $1,724,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in CUK. JPMorgan Chase & Co. raised its position in shares of Carnival by 12,000.0% during the 4th quarter. JPMorgan Chase & Co. now owns 15,730 shares of the company's stock worth $354,000 after buying an additional 15,600 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Carnival by 106.2% in the 4th quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after purchasing an additional 3,562 shares during the last quarter. Mariner LLC acquired a new position in shares of Carnival in the 4th quarter worth approximately $241,000. Freedom Investment Management Inc. acquired a new position in shares of Carnival in the 4th quarter worth approximately $564,000. Finally, First Trust Advisors LP acquired a new position in shares of Carnival in the 4th quarter worth approximately $202,000. Institutional investors and hedge funds own 23.80% of the company's stock.

Carnival Price Performance

Shares of CUK traded up $0.0150 during mid-day trading on Thursday, hitting $26.9650. The company's stock had a trading volume of 811,231 shares, compared to its average volume of 1,656,166. The firm has a 50-day moving average price of $25.88 and a 200 day moving average price of $21.69. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 14.58 and a beta of 2.79. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.30. Carnival Corporation has a fifty-two week low of $13.65 and a fifty-two week high of $28.29.

Carnival (NYSE:CUK - Get Free Report) last announced its quarterly earnings data 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. Carnival had a net margin of 9.72% and a return on equity of 27.88%. The company had revenue of $6.33 billion for the quarter, compared to analysts' expectations of $6.21 billion. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. On average, research analysts predict that Carnival Corporation will post 1.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total value of $371,875.00. Following the completion of the transaction, the director owned 64,406 shares in the company, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.08% of the stock is currently owned by company insiders.

Carnival 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.