Carnival Co. & plc (NYSE:CUK) Shares Acquired by State of Tennessee Department of Treasury

State of Tennessee Department of Treasury boosted its stake in Carnival Co. & plc (NYSE:CUK - Free Report) by 48.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 140,449 shares of the company's stock after purchasing an additional 46,103 shares during the period. State of Tennessee Department of Treasury owned approximately 0.07% of Carnival Co. & worth $3,162,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CUK. GAMMA Investing LLC raised its holdings in Carnival Co. & by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock worth $66,000 after purchasing an additional 652 shares during the period. Blue Trust Inc. raised its stake in Carnival Co. & by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock valued at $83,000 after purchasing an additional 583 shares in the last quarter. ABC Arbitrage SA purchased a new stake in shares of Carnival Co. & during the 4th quarter valued at about $15,184,000. Truist Financial Corp purchased a new position in shares of Carnival Co. & in the 4th quarter worth approximately $208,000. Finally, QRG Capital Management Inc. boosted its stake in Carnival Co. & by 21.1% during the fourth quarter. QRG Capital Management Inc. now owns 112,894 shares of the company's stock worth $2,541,000 after buying an additional 19,679 shares during the period. Institutional investors own 23.80% of the company's stock.

Carnival Co. & Trading Up 5.0 %

Shares of NYSE:CUK traded up $0.86 during trading hours on Friday, hitting $17.88. 744,281 shares of the company's stock traded hands, compared to its average volume of 1,837,452. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The business has a fifty day moving average price of $17.75 and a 200-day moving average price of $20.86. Carnival Co. & plc has a 1 year low of $12.65 and a 1 year high of $26.14. The firm has a market capitalization of $3.35 billion, a P/E ratio of 12.86 and a beta of 2.47.

Carnival Co. & (NYSE:CUK - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping the consensus estimate 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 expect that Carnival Co. & plc will post 1.7 earnings per share for the current year.

About Carnival Co. &

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.