Short Interest in Carnival Co. & plc (NYSE:CUK) Increases By 19.7%

Carnival Co. & plc (NYSE:CUK - Get Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 5,160,000 shares, a growth of 19.7% from the February 13th total of 4,310,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the short-interest ratio is currently 3.0 days. Currently, 3.6% of the company's stock are short sold.

Carnival Co. & Stock Down 1.6 %

NYSE CUK traded down $0.31 during trading on Friday, reaching $18.74. 3,056,333 shares of the company's stock were exchanged, compared to its average volume of 1,875,253. The stock has a market cap of $3.52 billion, a P/E ratio of 13.48 and a beta of 2.72. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The company has a 50 day moving average price of $21.94 and a two-hundred day moving average price of $20.77. Carnival Co. & has a 1 year low of $12.50 and a 1 year high of $26.14.

Carnival Co. & (NYSE:CUK - Get Free Report) last posted its earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion for the quarter, compared to analysts' expectations of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. On average, equities research analysts anticipate that Carnival Co. & will post 1.7 EPS for the current fiscal year.

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Institutional Investors Weigh In On Carnival Co. &

Several institutional investors have recently modified their holdings of the company. Aristeia Capital L.L.C. boosted its stake in shares of Carnival Co. & by 13.5% during the 4th quarter. Aristeia Capital L.L.C. now owns 12,130,485 shares of the company's stock worth $273,057,000 after acquiring an additional 1,445,944 shares in the last quarter. Norges Bank purchased a new stake in Carnival Co. & in the 4th quarter valued at approximately $132,714,000. Arrowstreet Capital Limited Partnership lifted its stake in Carnival Co. & by 4.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company's stock valued at $68,915,000 after buying an additional 136,764 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Carnival Co. & by 2.2% in the 4th quarter. Renaissance Technologies LLC now owns 2,673,700 shares of the company's stock valued at $60,185,000 after buying an additional 58,600 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in Carnival Co. & by 52.4% in the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company's stock valued at $12,906,000 after buying an additional 266,200 shares in the last quarter. Hedge funds and other institutional investors own 23.80% of the company's stock.

Carnival Co. & Company Profile

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.