Quantbot Technologies LP Buys Shares of 107,130 Carnival Corporation $CUK

Key Points

• Quantbot Technologies LP has acquired a total of 107,130 shares of Carnival Corporation (NYSE: CUK), representing an investment of approximately $1,878,000 and accounting for 0.06% of the company's shares.
• Other hedge funds, including Legal & General Group Plc and Ameriprise Financial Inc., have also increased their stakes in Carnival during the previous quarter, reflecting growing institutional interest in the company.
• Carnival Corporation reported $0.35 earnings per share for the last quarter, outperforming analysts' expectations of $0.24, with total revenues reaching $6.33 billion.

Quantbot Technologies LP acquired a new stake in Carnival Corporation (NYSE:CUK - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 107,130 shares of the company's stock, valued at approximately $1,878,000. Quantbot Technologies LP owned 0.06% of Carnival at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets lifted its holdings in Carnival by 3,456.4% in the fourth 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 lifted its holdings in Carnival by 160.3% in the first 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 acquired a new position in Carnival in the first quarter valued at approximately $3,459,000. Ameriprise Financial Inc. acquired a new position in Carnival in the fourth quarter valued at approximately $206,000. Finally, Optiver Holding B.V. lifted its holdings in Carnival by 60.0% in the fourth quarter. Optiver Holding B.V. now owns 160,279 shares of the company's stock valued at $3,608,000 after buying an additional 60,123 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the company's stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.08% of the company's stock.

Carnival Trading Up 6.3%

NYSE CUK traded up $1.7050 during trading hours on Friday, hitting $28.6850. The company's stock had a trading volume of 1,933,640 shares, compared to its average volume of 1,659,178. The stock has a fifty day moving average of $26.05 and a 200 day moving average of $21.67. Carnival Corporation has a twelve month low of $13.65 and a twelve month high of $28.75. The firm has a market capitalization of $5.41 billion, a P/E ratio of 15.51 and a beta of 2.79. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58.

Carnival (NYSE:CUK - Get Free Report) last announced its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating 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 business had revenue of $6.33 billion for the quarter, compared to analyst estimates 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. Equities research analysts forecast that Carnival Corporation will post 1.7 earnings per share for the current fiscal year.

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.