Carnival Co. & plc (NYSE:CUK) Shares Sold by Trexquant Investment LP

Trexquant Investment LP lessened its stake in shares of Carnival Co. & plc (NYSE:CUK) by 73.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 218,228 shares of the company’s stock after selling 597,533 shares during the quarter. Trexquant Investment LP owned about 0.12% of Carnival Co. & worth $4,912,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CUK. GAMMA Investing LLC raised its stake in shares of Carnival Co. & by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock worth $66,000 after buying an additional 652 shares in the last quarter. Blue Trust Inc. raised its position in Carnival Co. & by 18.7% in the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after acquiring an additional 583 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Carnival Co. & in the 4th quarter valued at about $158,000. Truist Financial Corp bought a new position in shares of Carnival Co. & during the 4th quarter valued at about $208,000. Finally, Verition Fund Management LLC acquired a new position in shares of Carnival Co. & in the 3rd quarter worth approximately $227,000. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Stock Down 4.7 %

CUK stock opened at $14.90 on Friday. The firm has a market cap of $2.80 billion, a PE ratio of 10.72 and a beta of 2.72. Carnival Co. & plc has a 12 month low of $12.50 and a 12 month high of $26.14. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm has a 50 day simple moving average of $20.91 and a 200 day simple moving average of $20.97.

Carnival Co. & (NYSE:CUK) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.11. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Equities research analysts forecast 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.