Renaissance Technologies LLC raised its holdings in shares of Carnival Co. & plc (NYSE:CUK - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,673,700 shares of the company's stock after buying an additional 58,600 shares during the quarter. Renaissance Technologies LLC owned about 1.42% of Carnival Co. & worth $60,185,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in Carnival Co. & during the 4th quarter valued at $132,714,000. ABC Arbitrage SA acquired a new stake in Carnival Co. & during the fourth quarter worth about $15,184,000. KLP Kapitalforvaltning AS bought a new position in Carnival Co. & during the fourth quarter valued at about $9,435,000. Arrowstreet Capital Limited Partnership raised its holdings 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 acquiring an additional 136,764 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Carnival Co. & in the 4th quarter worth approximately $2,836,000. 23.80% of the stock is owned by institutional investors.
Carnival Co. & Stock Performance
Carnival Co. & stock traded up $0.13 on Tuesday, hitting $16.21. The company's stock had a trading volume of 1,061,120 shares, compared to its average volume of 1,831,197. The firm has a market cap of $3.04 billion, a P/E ratio of 11.66 and a beta of 2.47. The company has a fifty day moving average price of $19.49 and a 200-day moving average price of $20.90. Carnival Co. & plc has a one year low of $12.50 and a one year high of $26.14. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.
Carnival Co. & (NYSE:CUK - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. The firm had revenue of $5.81 billion during 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 analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current year.
Carnival Co. & Profile
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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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