Graham Capital Management L.P. decreased its stake in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 70.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,070 shares of the company's stock after selling 105,793 shares during the quarter. Graham Capital Management L.P.'s holdings in Carnival Co. & were worth $1,015,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in shares of Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock worth $83,000 after purchasing an additional 583 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Carnival Co. & by 106.2% during the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock valued at $156,000 after buying an additional 3,562 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in Carnival Co. & in the 4th quarter worth about $158,000. First Trust Advisors LP purchased a new position in Carnival Co. & in the 4th quarter worth about $202,000. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Carnival Co. & during the 4th quarter valued at about $206,000. 23.80% of the stock is owned by institutional investors.
Carnival Co. & Stock Performance
Shares of CUK traded down $0.21 during mid-day trading on Monday, hitting $20.91. 369,861 shares of the company traded hands, compared to its average volume of 1,843,410. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 15.05 and a beta of 2.59. The stock has a 50-day moving average price of $17.57 and a two-hundred day moving average price of $20.85. Carnival Co. & plc has a 1 year low of $12.65 and a 1 year high of $26.14. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $6.19 billion. Equities analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current year.
About Carnival Co. &
(
Free Report)
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.
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