QRG Capital Management Inc. Sells 53,373 Shares of Carnival Corporation $CUK

QRG Capital Management Inc. lowered its position in Carnival Corporation (NYSE:CUK) by 44.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,654 shares of the company’s stock after selling 53,373 shares during the quarter. QRG Capital Management Inc.’s holdings in Carnival were worth $1,736,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CUK. SG Americas Securities LLC increased its position in shares of Carnival by 515.2% during the third quarter. SG Americas Securities LLC now owns 25,765 shares of the company’s stock valued at $681,000 after purchasing an additional 21,577 shares during the period. GAMMA Investing LLC boosted its stake in Carnival by 38.2% during the third quarter. GAMMA Investing LLC now owns 5,339 shares of the company’s stock worth $141,000 after buying an additional 1,477 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Carnival by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,717 shares of the company’s stock valued at $44,000 after buying an additional 459 shares during the period. Headlands Technologies LLC acquired a new position in shares of Carnival in the 2nd quarter valued at $297,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Carnival by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company’s stock valued at $43,000 after buying an additional 688 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Carnival Trading Down 1.8%

Shares of Carnival stock opened at $28.73 on Tuesday. Carnival Corporation has a 12-month low of $13.65 and a 12-month high of $32.65. The company has a 50-day simple moving average of $27.09 and a 200 day simple moving average of $27.06. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $5.42 billion, a P/E ratio of 14.37 and a beta of 2.54.

Carnival (NYSE:CUK) last announced its earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. The business had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.37 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.Carnival has set its FY 2026 guidance at 2.480-2.480 EPS and its Q1 2026 guidance at 0.170-0.17 EPS. Research analysts expect that Carnival Corporation will post 1.7 earnings per share for the current fiscal year.

Carnival Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 13th.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Carnival Company Profile

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.