Carnival Co. & plc (NYSE:CUK) Shares Sold by Palliser Capital UK Ltd

Palliser Capital UK Ltd lessened its position in Carnival Co. & plc (NYSE:CUKFree Report) by 49.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 239,664 shares of the company’s stock after selling 230,924 shares during the period. Carnival Co. & comprises 6.2% of Palliser Capital UK Ltd’s portfolio, making the stock its 5th largest holding. Palliser Capital UK Ltd owned approximately 0.13% of Carnival Co. & worth $4,041,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CUK. HighTower Advisors LLC lifted its stake in shares of Carnival Co. & by 26.2% during the first quarter. HighTower Advisors LLC now owns 54,854 shares of the company’s stock valued at $999,000 after buying an additional 11,391 shares during the period. Ergoteles LLC lifted its stake in shares of Carnival Co. & by 14.3% during the first quarter. Ergoteles LLC now owns 96,135 shares of the company’s stock valued at $1,756,000 after buying an additional 12,026 shares during the period. Cibc World Markets Corp lifted its stake in shares of Carnival Co. & by 71.5% during the first quarter. Cibc World Markets Corp now owns 49,181 shares of the company’s stock valued at $994,000 after buying an additional 20,506 shares during the period. Renaissance Technologies LLC raised its stake in Carnival Co. & by 112.2% during the first quarter. Renaissance Technologies LLC now owns 556,800 shares of the company’s stock worth $10,173,000 after purchasing an additional 294,400 shares during the period. Finally, Engineers Gate Manager LP raised its stake in Carnival Co. & by 162.9% during the first quarter. Engineers Gate Manager LP now owns 56,443 shares of the company’s stock worth $1,031,000 after purchasing an additional 34,973 shares during the period. Hedge funds and other institutional investors own 16.81% of the company’s stock.

Insiders Place Their Bets

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

Carnival Co. & Trading Down 0.1 %

NYSE:CUK traded down $0.01 during trading hours on Friday, reaching $14.69. 1,620,749 shares of the company were exchanged, compared to its average volume of 1,998,714. The company has a debt-to-equity ratio of 4.14, a current ratio of 0.46 and a quick ratio of 0.41. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of -122.42 and a beta of 2.59. Carnival Co. & plc has a 52-week low of $7.72 and a 52-week high of $17.95. The stock has a 50 day simple moving average of $14.67 and a 200 day simple moving average of $13.83.

Carnival Co. & (NYSE:CUKGet Free Report) last posted its quarterly earnings results on Thursday, December 21st. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.06. The company had revenue of $5.40 billion for the quarter. Carnival Co. & had a negative net margin of 0.34% and a positive return on equity of 0.02%. During the same period in the prior year, the business earned ($0.85) EPS. As a group, analysts predict that Carnival Co. & plc will post 0.93 EPS for the current year.

About Carnival Co. &

(Free Report)

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 and private islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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Institutional Ownership by Quarter for Carnival Co. & (NYSE:CUK)

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