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Two Sigma Advisers LP Buys 266,200 Shares of Carnival Co. & plc (NYSE:CUK)

Carnival Co. & logo with Consumer Discretionary background

Two Sigma Advisers LP raised its position in Carnival Co. & plc (NYSE:CUK - Free Report) by 52.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 774,200 shares of the company's stock after purchasing an additional 266,200 shares during the period. Two Sigma Advisers LP owned 0.41% of Carnival Co. & worth $12,906,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in shares of Carnival Co. & by 13.5% during the 2nd quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company's stock worth $40,653,000 after acquiring an additional 281,300 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Carnival Co. & by 20.0% during the 2nd quarter. Millennium Management LLC now owns 1,061,079 shares of the company's stock worth $18,272,000 after acquiring an additional 177,207 shares during the last quarter. Landscape Capital Management L.L.C. lifted its holdings in shares of Carnival Co. & by 8.2% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 238,440 shares of the company's stock worth $3,975,000 after acquiring an additional 18,129 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in Carnival Co. & by 65.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 147,010 shares of the company's stock worth $2,532,000 after purchasing an additional 58,261 shares during the period. Finally, Hsbc Holdings PLC raised its position in Carnival Co. & by 89.7% in the 2nd quarter. Hsbc Holdings PLC now owns 134,370 shares of the company's stock worth $2,300,000 after purchasing an additional 63,534 shares during the period. 23.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the business's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by corporate insiders.

Carnival Co. & Trading Up 2.0 %

NYSE:CUK traded up $0.45 during trading hours on Tuesday, reaching $23.51. The company's stock had a trading volume of 1,358,800 shares, compared to its average volume of 1,931,262. The firm has a market capitalization of $4.41 billion, a price-to-earnings ratio of 20.59 and a beta of 2.72. The firm has a 50-day simple moving average of $20.60 and a 200-day simple moving average of $17.09. Carnival Co. & plc has a 1 year low of $12.50 and a 1 year high of $24.66. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30.

Carnival Co. & (NYSE:CUK - Get Free Report) last issued its earnings results on Monday, September 30th. The company reported $1.27 EPS for the quarter. The company had revenue of $7.90 billion for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%.

Carnival Co. & Profile

(Free Report)

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

Further Reading

Institutional Ownership by Quarter for Carnival Co. & (NYSE:CUK)

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