93,500 Shares in Carnival Co. & plc (NYSE:CUK) Acquired by Trans Canada Capital Inc.

Trans Canada Capital Inc. acquired a new stake in Carnival Co. & plc (NYSE:CUK) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 93,500 shares of the company’s stock, valued at approximately $2,105,000. Carnival Co. & makes up about 0.2% of Trans Canada Capital Inc.’s portfolio, making the stock its 12th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CUK. KLP Kapitalforvaltning AS bought a new stake in shares of Carnival Co. & during the 4th quarter worth approximately $9,435,000. Two Sigma Advisers LP lifted its stake in 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 during the last quarter. GAMMA Investing LLC lifted its stake in Carnival Co. & by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock worth $66,000 after purchasing an additional 652 shares during the last quarter. Callan Family Office LLC acquired a new stake in shares of Carnival Co. & in the 4th quarter valued at $593,000. Finally, Blue Trust Inc. increased its stake in shares of Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock valued at $83,000 after purchasing an additional 583 shares during the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

Shares of CUK stock opened at $17.57 on Tuesday. The business has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $20.93. The company has a market cap of $3.30 billion, a P/E ratio of 12.64 and a beta of 2.72. 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 twelve month low of $12.50 and a twelve month high of $26.14.

Carnival Co. & (NYSE:CUK) last posted its earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. The firm had revenue of $5.81 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. On average, sell-side analysts forecast that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.

Carnival Co. & Profile

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.