ABC Arbitrage SA bought a new stake in shares of Carnival Co. & plc (NYSE:CUK - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 674,527 shares of the company's stock, valued at approximately $15,184,000. Carnival Co. & comprises approximately 2.2% of ABC Arbitrage SA's investment portfolio, making the stock its 12th biggest holding. ABC Arbitrage SA owned 0.36% of Carnival Co. & at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of Carnival Co. & in the 3rd quarter valued at $7,030,000. Two Sigma Advisers LP grew its stake in Carnival Co. & by 52.4% during the third quarter. Two Sigma Advisers LP now owns 774,200 shares of the company's stock worth $12,906,000 after buying an additional 266,200 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock valued at $66,000 after acquiring an additional 652 shares during the last quarter. Blue Trust Inc. boosted 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 acquiring an additional 583 shares in the last quarter. Finally, Anthracite Investment Company Inc. acquired a new position in Carnival Co. & in the third quarter worth $1,872,000. Institutional investors own 23.80% of the company's stock.
Carnival Co. & Price Performance
Shares of NYSE:CUK traded up $0.30 during midday trading on Wednesday, reaching $23.55. The company's stock had a trading volume of 1,132,529 shares, compared to its average volume of 1,644,210. Carnival Co. & plc has a fifty-two week low of $12.50 and a fifty-two week high of $26.14. The company has a market capitalization of $4.42 billion, a P/E ratio of 16.94 and a beta of 2.69. 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's fifty day simple moving average is $23.32 and its 200-day simple moving average is $19.93.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. As a group, equities research analysts expect that Carnival Co. & plc will post 1.7 EPS for the current fiscal 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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