Mariner LLC Invests $241,000 in Carnival Co. & plc (NYSE:CUK)

Mariner LLC bought a new stake in Carnival Co. & plc (NYSE:CUK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,699 shares of the company’s stock, valued at approximately $241,000.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Carnival Co. & by 28.7% during the 4th 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. raised its position in Carnival Co. & by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock valued at $83,000 after purchasing an additional 583 shares in the last quarter. Legal & General Group Plc lifted its stake in Carnival Co. & by 106.2% during the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company’s stock worth $156,000 after purchasing an additional 3,562 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Carnival Co. & in the 4th quarter worth about $158,000. Finally, Truist Financial Corp bought a new position in shares of Carnival Co. & during the 4th quarter valued at about $208,000. 23.80% of the stock is currently owned by institutional investors.

Carnival Co. & Stock Performance

NYSE:CUK opened at $17.78 on Wednesday. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 12.79 and a beta of 2.59. The business has a 50 day moving average of $17.53 and a 200 day moving average of $20.83. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. Carnival Co. & plc has a 1-year low of $12.65 and a 1-year high of $26.14.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data 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 net margin of 7.66% and a return on equity of 24.13%. The firm had revenue of $5.81 billion during the quarter, compared to analyst estimates of $6.19 billion. On average, sell-side analysts predict that Carnival Co. & plc will post 1.7 earnings per share for the current fiscal year.

Carnival Co. & Company 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.