Trans Canada Capital Inc. bought a new position in shares of Carnival Co. & plc (NYSE:CUK - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 93,500 shares of the company's stock, valued at approximately $2,105,000. Carnival Co. & accounts for about 0.2% of Trans Canada Capital Inc.'s investment portfolio, making the stock its 12th largest holding.
Several other hedge funds have also modified their holdings of CUK. GAMMA Investing LLC raised its position in Carnival Co. & by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock valued at $66,000 after buying an additional 652 shares during the period. 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 valued at $83,000 after purchasing an additional 583 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Carnival Co. & in the 4th quarter valued at about $158,000. Truist Financial Corp acquired a new stake in shares of Carnival Co. & during the fourth quarter worth approximately $208,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Carnival Co. & during the third quarter worth approximately $227,000. 23.80% of the stock is owned by hedge funds and other institutional investors.
Carnival Co. & Stock Down 4.7 %
Carnival Co. & stock traded down $0.73 during trading hours on Friday, hitting $14.90. The company had a trading volume of 3,043,806 shares, compared to its average volume of 1,817,475. 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 debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm has a market capitalization of $2.80 billion, a P/E ratio of 10.72 and a beta of 2.72. The firm's fifty day moving average is $20.91 and its 200-day moving average is $20.97.
Carnival Co. & (NYSE:CUK - Get Free Report) last issued its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping 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%. On average, research analysts forecast that Carnival Co. & plc will post 1.7 earnings per share for the current year.
Carnival Co. & Profile
(
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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