419,162 Shares in Carnival Co. & plc (NYSE:CUK) Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS bought a new position in Carnival Co. & plc (NYSE:CUK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 419,162 shares of the company’s stock, valued at approximately $9,435,000. KLP Kapitalforvaltning AS owned about 0.22% of Carnival Co. & at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Two Sigma Advisers LP increased its holdings in Carnival Co. & by 52.4% in 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 in the last quarter. ABC Arbitrage SA bought a new stake in Carnival Co. & during the 4th quarter worth approximately $15,184,000. Cibc World Markets Corp raised its position in shares of Carnival Co. & by 19.6% during the 4th quarter. Cibc World Markets Corp now owns 163,913 shares of the company’s stock valued at $4,085,000 after purchasing an additional 26,839 shares during the period. Sei Investments Co. raised its holdings in Carnival Co. & by 183.6% during the fourth quarter. Sei Investments Co. now owns 158,191 shares of the company’s stock valued at $3,561,000 after acquiring an additional 102,413 shares during the period. Finally, Maven Securities LTD purchased a new position in Carnival Co. & in the 3rd quarter worth approximately $2,110,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Carnival Co. & Price Performance

Shares of NYSE:CUK opened at $19.23 on Tuesday. The firm has a fifty day moving average price of $21.89 and a 200 day moving average price of $20.80. Carnival Co. & plc has a fifty-two week low of $12.50 and a fifty-two week high of $26.14. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 13.83 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.

Carnival Co. & (NYSE:CUK) last posted 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 firm had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $6.19 billion. As a group, sell-side analysts expect that Carnival Co. & plc will post 1.7 earnings per share for the current fiscal year.

About Carnival Co. &

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.