American Century Companies Inc. boosted its stake in shares of Carnival Corporation (NYSE:CUK – Free Report) by 12.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,129 shares of the company’s stock after purchasing an additional 11,691 shares during the quarter. American Century Companies Inc. owned about 0.06% of Carnival worth $1,843,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in CUK. Mariner LLC bought a new stake in Carnival during the fourth quarter worth approximately $241,000. First Trust Advisors LP bought a new position in Carnival in the 4th quarter worth approximately $202,000. Mercer Global Advisors Inc. ADV increased its position in Carnival by 12.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 58,330 shares of the company’s stock worth $1,313,000 after buying an additional 6,441 shares during the period. Ameriprise Financial Inc. bought a new position in Carnival in the 4th quarter worth approximately $206,000. Finally, BNP Paribas Financial Markets increased its position in Carnival by 3,456.4% in the 4th quarter. BNP Paribas Financial Markets now owns 33,288 shares of the company’s stock worth $749,000 after buying an additional 32,352 shares during the period. Institutional investors own 23.80% of the company’s stock.
Carnival Stock Performance
Shares of NYSE CUK opened at $29.05 on Tuesday. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. The business’s 50 day moving average is $26.98 and its two-hundred day moving average is $21.90. The company has a market cap of $5.48 billion, a P/E ratio of 15.70 and a beta of 2.76. Carnival Corporation has a 12 month low of $13.65 and a 12 month high of $29.77.
Insider Buying and Selling
In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of Carnival stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the transaction, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. The trade was a 16.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.08% of the stock is currently owned by corporate insiders.
Carnival 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.
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