Legal & General Group Plc Buys 3,562 Shares of Carnival Co. & plc (NYSE:CUK)

Legal & General Group Plc increased its stake in shares of Carnival Co. & plc (NYSE:CUK) by 106.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,917 shares of the company’s stock after buying an additional 3,562 shares during the period. Legal & General Group Plc’s holdings in Carnival Co. & were worth $156,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of 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 buying an additional 652 shares in the last quarter. Blue Trust Inc. grew its position in shares of Carnival Co. & by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after purchasing an additional 583 shares in the last quarter. ABC Arbitrage SA bought a new position in shares of Carnival Co. & during the fourth quarter worth approximately $15,184,000. Truist Financial Corp bought a new position in shares of Carnival Co. & during the fourth quarter worth approximately $208,000. Finally, QRG Capital Management Inc. raised its position in shares of Carnival Co. & by 21.1% in the fourth quarter. QRG Capital Management Inc. now owns 112,894 shares of the company’s stock valued at $2,541,000 after buying an additional 19,679 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $17.01 on Friday. The firm has a market cap of $3.19 billion, a PE ratio of 12.24 and a beta of 2.47. 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 stock’s fifty day moving average price is $17.75 and its two-hundred day moving average price is $20.86. Carnival Co. & plc has a one year low of $12.65 and a one year high of $26.14.

Carnival Co. & (NYSE:CUK) last released its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $6.19 billion. As a group, research analysts expect that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.

About Carnival Co. &

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.