American Century Companies Inc. Buys 11,691 Shares of Carnival Corporation $CUK

American Century Companies Inc. boosted its stake in shares of Carnival Corporation (NYSE:CUKFree 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.

Carnival (NYSE:CUKGet Free Report) last issued its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.24 by $0.11. The company had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.21 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. On average, equities analysts expect that Carnival Corporation will post 1.7 EPS for the current year.

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

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Carnival (NYSE:CUK)

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