674,527 Shares in Carnival Co. & plc (NYSE:CUK) Bought by ABC Arbitrage SA

ABC Arbitrage SA bought a new position in Carnival Co. & plc (NYSE:CUK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 674,527 shares of the company’s stock, valued at approximately $15,184,000. Carnival Co. & accounts for about 2.2% of ABC Arbitrage SA’s portfolio, making the stock its 12th biggest position. ABC Arbitrage SA owned about 0.36% of Carnival Co. & at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new stake in shares of Carnival Co. & during the 3rd quarter valued at about $7,030,000. Two Sigma Advisers LP lifted its position in shares of Carnival Co. & by 52.4% during the third quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock worth $12,906,000 after purchasing an additional 266,200 shares in the last quarter. GAMMA Investing LLC increased 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 valued at $66,000 after buying an additional 652 shares during the period. Blue Trust Inc. raised its holdings in Carnival Co. & by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after purchasing an additional 583 shares during the last quarter. Finally, Anthracite Investment Company Inc. acquired a new position in Carnival Co. & in the third quarter valued at approximately $1,872,000. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Stock Up 1.2 %

Shares of Carnival Co. & stock opened at $23.75 on Friday. The stock has a market cap of $4.46 billion, a PE ratio of 17.08 and a beta of 2.69. The business has a fifty day simple moving average of $23.33 and a 200 day simple moving average of $19.71. 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. & plc has a 12 month low of $12.50 and a 12 month high of $26.14.

Carnival Co. & (NYSE:CUK) last released its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Research analysts predict that Carnival Co. & plc will post 1.7 EPS for the current 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.