GAMMA Investing LLC Makes New $33,000 Investment in Carnival Co. & plc (NYSE:CUK)

GAMMA Investing LLC purchased a new position in Carnival Co. & plc (NYSE:CUK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,947 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Carnival Co. & in the fourth quarter worth approximately $18,510,000. Seven Eight Capital LP grew its position in Carnival Co. & by 170.0% during the 3rd quarter. Seven Eight Capital LP now owns 119,975 shares of the company’s stock worth $1,470,000 after purchasing an additional 75,537 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Carnival Co. & during the 3rd quarter worth approximately $5,048,000. PEAK6 Investments LLC grew its position in Carnival Co. & by 386.7% during the 3rd quarter. PEAK6 Investments LLC now owns 28,817 shares of the company’s stock worth $353,000 after purchasing an additional 22,896 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in Carnival Co. & by 4,752.4% during the 3rd quarter. Acadian Asset Management LLC now owns 101,900 shares of the company’s stock worth $1,244,000 after purchasing an additional 99,800 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Insiders Place Their Bets

In other Carnival Co. & news, CFO David Bernstein sold 153,995 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief financial officer now owns 181,981 shares of the company’s stock, valued at approximately $2,797,047.97. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.08% of the company’s stock.

Carnival Co. & Trading Up 0.3 %

NYSE CUK opened at $13.18 on Monday. Carnival Co. & plc has a twelve month low of $8.32 and a twelve month high of $17.95. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.32 and a current ratio of 0.36. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 50.69 and a beta of 2.58. The firm’s 50 day moving average price is $14.09 and its two-hundred day moving average price is $14.12.

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

About Carnival Co. &

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.