Cibc World Markets Corp Purchases 26,839 Shares of Carnival Co. & plc (NYSE:CUK)

Cibc World Markets Corp lifted its position in Carnival Co. & plc (NYSE:CUK) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,913 shares of the company’s stock after acquiring an additional 26,839 shares during the quarter. Cibc World Markets Corp owned 0.09% of Carnival Co. & worth $4,085,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of 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 acquiring an additional 652 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Carnival Co. & by 18.7% in the fourth 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. bought a new stake in shares of Carnival Co. & in the fourth quarter valued at about $158,000. Truist Financial Corp bought a new stake in shares of Carnival Co. & in the fourth quarter valued at about $208,000. Finally, Verition Fund Management LLC bought a new stake in shares of Carnival Co. & in the third quarter valued at about $227,000. 23.80% of the stock is currently owned by institutional investors.

Carnival Co. & Stock Performance

Shares of Carnival Co. & stock opened at $18.99 on Thursday. The company has a market capitalization of $3.56 billion, a PE ratio of 13.66 and a beta of 2.72. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The company has a 50-day simple moving average of $22.06 and a two-hundred day simple moving average of $20.72. Carnival Co. & plc has a one year low of $12.50 and a one year high of $26.14.

Carnival Co. & (NYSE:CUK) last announced its earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. Research analysts expect 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.