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

International Assets Investment Management LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CUK) in the fourth quarter, Holdings Channel reports. The fund purchased 109,792 shares of the company’s stock, valued at approximately $18,510,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mackenzie Financial Corp purchased a new position in shares of Carnival Co. & during the third quarter worth $1,195,000. Segantii Capital Management Ltd purchased a new position in shares of Carnival Co. & during the 3rd quarter valued at about $1,924,000. CQS US LLC lifted its holdings in shares of Carnival Co. & by 142.4% in the 3rd quarter. CQS US LLC now owns 2,791,663 shares of the company’s stock valued at $34,212,000 after buying an additional 1,640,179 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Carnival Co. & in the third quarter worth about $688,000. Finally, Landscape Capital Management L.L.C. grew its holdings in Carnival Co. & by 2.9% during the third quarter. Landscape Capital Management L.L.C. now owns 352,057 shares of the company’s stock worth $4,313,000 after acquiring an additional 10,030 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Carnival Co. &

In other news, CFO David Bernstein sold 153,995 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the sale, the chief financial officer now directly owns 181,981 shares of the company’s stock, valued at approximately $2,797,047.97. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by corporate insiders.

Carnival Co. & Stock Up 0.3 %

Shares of CUK stock opened at $13.18 on Friday. Carnival Co. & plc has a twelve month low of $8.32 and a twelve month high of $17.95. The stock has a market cap of $2.46 billion, a P/E ratio of 50.69 and a beta of 2.58. The stock has a 50 day moving average of $14.09 and a 200 day moving average of $14.09. The company has a current ratio of 0.36, a quick ratio of 0.32 and a debt-to-equity ratio of 4.27.

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

Carnival Co. & Profile

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.