Dynamic Technology Lab Private Ltd Invests $2.03 Million in Carnival Co. & plc (NYSE:CUK)

Dynamic Technology Lab Private Ltd acquired a new stake in Carnival Co. & plc (NYSE:CUK) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 90,320 shares of the company’s stock, valued at approximately $2,033,000.

A number of other large investors have also bought and sold shares of CUK. GAMMA Investing LLC lifted its stake in Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock valued at $66,000 after buying an additional 652 shares in the last quarter. Blue Trust Inc. lifted its position in 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 acquiring an additional 583 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Carnival Co. & in the 4th quarter worth $158,000. Truist Financial Corp bought a new position in Carnival Co. & during the 4th quarter worth about $208,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Carnival Co. & in the 3rd quarter valued at about $227,000. 23.80% of the stock is owned by institutional investors.

Carnival Co. & Stock Performance

Shares of Carnival Co. & stock opened at $14.90 on Friday. 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 market cap of $2.80 billion, a price-to-earnings ratio of 10.72 and a beta of 2.72. The stock’s 50-day moving average is $20.91 and its 200-day moving average is $20.97. Carnival Co. & plc has a one year low of $12.50 and a one year high of $26.14.

Carnival Co. & (NYSE:CUK) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $6.19 billion. Equities analysts predict that Carnival Co. & plc will post 1.7 earnings per share 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.