International Assets Investment Management LLC Purchases New Shares in Carnival Co. & plc (NYSE:CUK)

International Assets Investment Management LLC acquired a new position in Carnival Co. & plc (NYSE:CUK) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 109,792 shares of the company’s stock, valued at approximately $18,510,000. International Assets Investment Management LLC owned approximately 0.06% of Carnival Co. & at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. CQS US LLC lifted its position in Carnival Co. & by 142.4% during the 3rd quarter. CQS US LLC now owns 2,791,663 shares of the company’s stock valued at $34,212,000 after acquiring an additional 1,640,179 shares during the period. Qube Research & Technologies Ltd purchased a new stake in shares of Carnival Co. & in the 3rd quarter worth approximately $5,048,000. Landscape Capital Management L.L.C. increased its position in Carnival Co. & by 2.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 352,057 shares of the company’s stock valued at $4,313,000 after buying an additional 10,030 shares in the last quarter. Segantii Capital Management Ltd purchased a new position in Carnival Co. & during the third quarter valued at $1,924,000. Finally, Mirabella Financial Services LLP purchased a new position in Carnival Co. & during the third quarter valued at $1,482,000. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Insider Activity

In related news, CFO David Bernstein sold 153,995 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.37, for a total value of $2,366,903.15. Following the completion of the transaction, the chief financial officer now directly owns 181,981 shares in the company, valued at approximately $2,797,047.97. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Carnival Co. & Trading Up 0.3 %

NYSE CUK opened at $13.18 on Friday. Carnival Co. & plc has a 12 month low of $8.32 and a 12 month high of $17.95. The company has a current ratio of 0.36, a quick ratio of 0.32 and a debt-to-equity ratio of 4.27. The stock’s fifty day moving average price is $14.09 and its 200-day moving average price is $14.09. The stock has a market cap of $2.46 billion, a P/E ratio of 50.69 and a beta of 2.58.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.08. The company had revenue of $5.41 billion for the quarter. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%.

About Carnival Co. &

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.