Dynamic Technology Lab Private Ltd Purchases Shares of 90,320 Carnival Co. & plc (NYSE:CUK)

Dynamic Technology Lab Private Ltd purchased a new position in shares of Carnival Co. & plc (NYSE:CUK) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 90,320 shares of the company’s stock, valued at approximately $2,033,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CUK. OLD Mission Capital LLC increased its holdings in Carnival Co. & by 196.4% during the fourth quarter. OLD Mission Capital LLC now owns 51,079 shares of the company’s stock worth $1,150,000 after buying an additional 33,843 shares during the last quarter. Trans Canada Capital Inc. acquired a new position in shares of Carnival Co. & during the 4th quarter worth about $2,105,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Carnival Co. & by 4.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company’s stock valued at $68,915,000 after purchasing an additional 136,764 shares during the period. Norges Bank bought a new stake in shares of Carnival Co. & in the 4th quarter valued at about $132,714,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Carnival Co. & by 12,000.0% in the fourth quarter. JPMorgan Chase & Co. now owns 15,730 shares of the company’s stock valued at $354,000 after buying an additional 15,600 shares during the last quarter. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Price Performance

NYSE:CUK opened at $14.90 on Friday. Carnival Co. & plc has a one year low of $12.50 and a one year high of $26.14. The company has a market cap of $2.80 billion, a P/E ratio of 10.72 and a beta of 2.72. The firm’s fifty day moving average price is $20.91 and its two-hundred day moving average price is $20.97. 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. & (NYSE:CUK) last issued its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Equities analysts expect that Carnival Co. & plc will post 1.7 earnings per share for the current 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.