Arrowstreet Capital Limited Partnership grew its position in Carnival Co. & plc (NYSE:CUK - Free Report) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,061,521 shares of the company's stock after acquiring an additional 136,764 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 1.63% of Carnival Co. & worth $68,915,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. Norges Bank purchased a new stake in Carnival Co. & in the 4th quarter valued at $132,714,000. ABC Arbitrage SA purchased a new position in Carnival Co. & in the 4th quarter valued at $15,184,000. KLP Kapitalforvaltning AS acquired a new position in Carnival Co. & in the 4th quarter valued at $9,435,000. Two Sigma Advisers LP raised its position in Carnival Co. & by 52.4% during the 3rd 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. Finally, Maven Securities LTD acquired a new stake in shares of Carnival Co. & in the 3rd quarter worth $2,110,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.
Carnival Co. & Stock Performance
Shares of Carnival Co. & stock traded down $0.73 on Friday, reaching $14.90. 3,043,806 shares of the stock were exchanged, compared to its average volume of 1,817,475. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of $2.80 billion, a PE ratio of 10.72 and a beta of 2.72. Carnival Co. & plc has a 1-year low of $12.50 and a 1-year high of $26.14. The business has a fifty day moving average price of $20.91 and a two-hundred day moving average price of $20.97.
Carnival Co. & (NYSE:CUK - Get Free Report) last released its earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $6.19 billion. As a group, research analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current fiscal 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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