KLP Kapitalforvaltning AS purchased a new stake in Carnival Co. & plc (NYSE:CUK - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 419,162 shares of the company's stock, valued at approximately $9,435,000. KLP Kapitalforvaltning AS owned approximately 0.22% of Carnival Co. & at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of Carnival Co. & by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock valued at $66,000 after buying an additional 652 shares in the last quarter. Blue Trust Inc. boosted its stake in Carnival Co. & by 18.7% in the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock valued at $83,000 after acquiring an additional 583 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Carnival Co. & in the fourth quarter valued at $158,000. Truist Financial Corp purchased a new position in shares of Carnival Co. & during the fourth quarter worth about $208,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Carnival Co. & during the third quarter worth about $227,000. 23.80% of the stock is owned by hedge funds and other institutional investors.
Carnival Co. & Stock Performance
Shares of NYSE CUK traded down $0.76 during trading hours on Friday, reaching $17.92. The stock had a trading volume of 953,406 shares, compared to its average volume of 1,827,591. The firm has a 50-day moving average of $21.56 and a 200-day moving average of $20.91. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 12.89 and a beta of 2.72. 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 $12.50 and a fifty-two week high of $26.14.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted 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 business had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Equities research analysts predict 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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