Carnival Co. & plc (NYSE:CUK) Short Interest Update

Carnival Co. & plc (NYSE:CUK) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 3,250,000 shares, a decline of 15.4% from the October 15th total of 3,840,000 shares. Based on an average trading volume of 1,860,000 shares, the short-interest ratio is currently 1.7 days. Approximately 2.2% of the shares of the stock are short sold.

Insider Activity at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now directly owns 65,789 shares in the company, valued at $1,428,937.08. The trade was a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Carnival Co. &

A number of hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its holdings in shares of Carnival Co. & by 13.5% in the 2nd quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company’s stock worth $40,653,000 after acquiring an additional 281,300 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Carnival Co. & by 20.0% in the 2nd quarter. Millennium Management LLC now owns 1,061,079 shares of the company’s stock worth $18,272,000 after acquiring an additional 177,207 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in shares of Carnival Co. & by 52.4% in the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock worth $12,906,000 after acquiring an additional 266,200 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Carnival Co. & in the 1st quarter worth approximately $9,001,000. Finally, Palliser Capital UK Ltd lifted its holdings in shares of Carnival Co. & by 29.4% in the 2nd quarter. Palliser Capital UK Ltd now owns 310,219 shares of the company’s stock worth $5,342,000 after acquiring an additional 70,555 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

Carnival Co. & Price Performance

Carnival Co. & stock traded up $0.15 during mid-day trading on Monday, hitting $22.26. 1,492,142 shares of the company traded hands, compared to its average volume of 1,977,301. Carnival Co. & has a one year low of $12.49 and a one year high of $22.57. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 19.73 and a beta of 2.71. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The stock has a fifty day moving average price of $18.33 and a 200-day moving average price of $16.01.

Carnival Co. & (NYSE:CUK) last announced its earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The business had revenue of $7.90 billion during the quarter.

Carnival Co. & Company Profile

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.