Universal Beteiligungs und Servicegesellschaft mbH Has $314,000 Holdings in Carnival Corporation $CUK

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH cut its Carnival stake by 95.3% in Q4, selling 208,473 shares and leaving 10,354 shares valued at about $314,000.
• Director Sir Jonathon Band sold 11,988 shares at an average $26.19 (≈$313,966), reducing his holding by 18.56%; insiders now own just 0.08% of the company.
• Carnival reported quarterly EPS of $0.20 (vs. $0.18 estimate) and holds a MarketBeat consensus rating of "Moderate Buy," while institutional ownership sits around 23.8%.

Universal Beteiligungs und Servicegesellschaft mbH cut its position in shares of Carnival Corporation (NYSE:CUK - Free Report) by 95.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,354 shares of the company's stock after selling 208,473 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Carnival were worth $314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of Carnival by 1,202.6% during the first quarter. Royal Bank of Canada now owns 79,305 shares of the company's stock valued at $1,391,000 after acquiring an additional 73,217 shares during the period. Jane Street Group LLC lifted its position in shares of Carnival by 69.2% in the 1st quarter. Jane Street Group LLC now owns 46,021 shares of the company's stock valued at $807,000 after acquiring an additional 18,826 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company's stock worth $28,000 after purchasing an additional 729 shares during the period. Jump Financial LLC purchased a new position in Carnival during the 2nd quarter worth approximately $1,762,000. Finally, Bayesian Capital Management LP purchased a new position in Carnival during the 2nd quarter worth approximately $605,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CUK shares. Weiss Ratings upgraded Carnival from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. Zacks Research upgraded Carnival to a "hold" rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Insider Transactions at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the transaction, the director owned 52,601 shares in the company, valued at $1,377,620.19. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.08% of the company's stock.

Carnival Stock Up 0.5%

Carnival stock opened at $25.77 on Wednesday. Carnival Corporation has a twelve month low of $17.54 and a twelve month high of $33.72. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The firm has a market cap of $4.86 billion, a PE ratio of 11.45 and a beta of 2.36. The firm's 50 day moving average price is $26.83 and its two-hundred day moving average price is $27.45.

Carnival (NYSE:CUK - Get Free Report) last issued its earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. Carnival had a net margin of 11.48% and a return on equity of 26.92%. The company had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion.

Carnival Profile

Carnival plc NYSE: CUK is one of the world's leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival's vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.

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