GAMMA Investing LLC Takes $33,000 Position in Carnival Co. & plc (NYSE:CUK)

GAMMA Investing LLC bought a new stake in Carnival Co. & plc (NYSE:CUK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,947 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blueshift Asset Management LLC purchased a new position in Carnival Co. & during the third quarter worth approximately $172,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Carnival Co. & during the third quarter worth approximately $248,000. PEAK6 Investments LLC lifted its position in Carnival Co. & by 386.7% during the third quarter. PEAK6 Investments LLC now owns 28,817 shares of the company’s stock worth $353,000 after buying an additional 22,896 shares in the last quarter. Aigen Investment Management LP purchased a new position in Carnival Co. & during the third quarter worth approximately $518,000. Finally, Quantbot Technologies LP purchased a new position in Carnival Co. & during the third quarter worth approximately $688,000. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, CFO David Bernstein sold 153,995 shares of Carnival Co. & stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.37, for a total value of $2,366,903.15. Following the sale, the chief financial officer now owns 181,981 shares in the company, valued at $2,797,047.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.08% of the company’s stock.

Carnival Co. & Stock Performance

Shares of Carnival Co. & stock opened at $13.18 on Monday. Carnival Co. & plc has a one year low of $8.32 and a one year high of $17.95. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 50.69 and a beta of 2.58. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.32 and a current ratio of 0.36. The business’s 50 day moving average price is $14.09 and its 200 day moving average price is $14.12.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.08. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The firm had revenue of $5.41 billion for the quarter.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.