Lazard Asset Management LLC raised its stake in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 18.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 275,777 shares of the company's stock after purchasing an additional 43,369 shares during the quarter. Lazard Asset Management LLC owned 0.15% of Carnival Co. & worth $6,207,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Aristeia Capital L.L.C. boosted its stake in Carnival Co. & by 13.5% during the fourth quarter. Aristeia Capital L.L.C. now owns 12,130,485 shares of the company's stock worth $273,057,000 after buying an additional 1,445,944 shares in the last quarter. Norges Bank bought a new position in shares of Carnival Co. & during the 4th quarter worth about $132,714,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Carnival Co. & by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company's stock valued at $68,915,000 after acquiring an additional 136,764 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Carnival Co. & by 2.2% during the 4th quarter. Renaissance Technologies LLC now owns 2,673,700 shares of the company's stock valued at $60,185,000 after acquiring an additional 58,600 shares in the last quarter. Finally, ABC Arbitrage SA bought a new stake in Carnival Co. & in the fourth quarter valued at about $15,184,000. Institutional investors own 23.80% of the company's stock.
Carnival Co. & Price Performance
NYSE:CUK traded down $0.36 during mid-day trading on Wednesday, hitting $20.31. The company's stock had a trading volume of 420,022 shares, compared to its average volume of 1,836,459. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 14.59 and a beta of 2.59. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a fifty-two week low of $12.65 and a fifty-two week high of $26.14. The stock has a fifty day moving average of $17.70 and a 200-day moving average of $20.86.
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 for the quarter, beating the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. As a group, equities analysts forecast that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.
Carnival Co. & Profile
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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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