Two Sigma Investments LP Trims Holdings in Carnival Co. & plc (NYSE:CUK)

Two Sigma Investments LP decreased its holdings in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 71.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 245,826 shares of the company's stock after selling 617,406 shares during the period. Two Sigma Investments LP owned 0.13% of Carnival Co. & worth $5,534,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jump Financial LLC bought a new stake in shares of Carnival Co. & in the 4th quarter worth about $1,701,000. BNP Paribas Financial Markets lifted its position in Carnival Co. & by 3,456.4% during the fourth quarter. BNP Paribas Financial Markets now owns 33,288 shares of the company's stock valued at $749,000 after acquiring an additional 32,352 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Carnival Co. & by 18.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 57,019 shares of the company's stock valued at $1,283,000 after acquiring an additional 8,974 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Carnival Co. & during the 4th quarter valued at approximately $9,435,000. Finally, Sei Investments Co. increased its stake in Carnival Co. & by 183.6% during the 4th quarter. Sei Investments Co. now owns 158,191 shares of the company's stock valued at $3,561,000 after purchasing an additional 102,413 shares in the last quarter. Institutional investors own 23.80% of the company's stock.

Carnival Co. & Stock Performance

Shares of NYSE:CUK traded up $0.01 during midday trading on Friday, reaching $20.91. The company's stock had a trading volume of 1,593,813 shares, compared to its average volume of 1,854,388. The firm has a market capitalization of $3.94 billion, a PE ratio of 15.04 and a beta of 2.59. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The stock has a fifty day moving average of $17.99 and a 200 day moving average of $20.81. Carnival Co. & plc has a twelve month low of $12.65 and a twelve month high of $26.14.

Carnival Co. & (NYSE:CUK - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.11. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $6.19 billion. On average, equities analysts expect that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.

Carnival Co. & 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.