Posted by admin on Jun 26th, 2022

Shares of Carnival Co. & plc (NYSE:CUK – Get Rating) traded up 9.1% during trading on Friday . The company traded as high as $9.58 and last traded at $9.56. 47,600 shares traded hands during trading, a decline of 98% from the average session volume of 2,814,312 shares. The stock had previously closed at $8.76.

Separately, UBS Group boosted their price objective on shares of Carnival Co. & from GBX 1,422 ($17.42) to GBX 1,537 ($18.83) in a report on Monday, April 4th.

The company has a market cap of $1.83 billion, a PE ratio of -1.19 and a beta of 2.05. The company has a quick ratio of 0.70, a current ratio of 0.74 and a debt-to-equity ratio of 2.90. The firm’s fifty day simple moving average is $12.97 and its 200-day simple moving average is $16.56.

In other Carnival Co. & news, Director Randall J. Weisenburger purchased 100,000 shares of Carnival Co. & stock in a transaction on Wednesday, May 25th. The shares were bought at an average price of $11.76 per share, with a total value of $1,176,000.00. Following the completion of the acquisition, the director now directly owns 870,950 shares of the company’s stock, valued at $10,242,372. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Sir John Parker sold 7,048 shares of the company’s stock in a transaction that occurred on Thursday, April 14th. The shares were sold at an average price of $17.81, for a total transaction of $125,524.88. Following the transaction, the director now directly owns 62,668 shares in the company, valued at approximately $1,116,117.08. The disclosure for this sale can be found here. 0.12% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in CUK. Lindbrook Capital LLC lifted its stake in shares of Carnival Co. & by 43.3% during the fourth quarter. Lindbrook Capital LLC now owns 2,790 shares of the company’s stock valued at $52,000 after buying an additional 843 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Carnival Co. & by 22.0% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,939 shares of the company’s stock worth $73,000 after purchasing an additional 710 shares during the last quarter. Palliser Capital UK Ltd increased its position in Carnival Co. & by 65.1% during the first quarter. Palliser Capital UK Ltd now owns 103,170 shares of the company’s stock worth $80,000 after purchasing an additional 40,688 shares during the last quarter. Twin Tree Management LP increased its position in Carnival Co. & by 191.4% during the first quarter. Twin Tree Management LP now owns 6,571 shares of the company’s stock worth $120,000 after purchasing an additional 13,758 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in Carnival Co. & by 239.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 8,174 shares of the company’s stock worth $151,000 after purchasing an additional 5,766 shares during the last quarter. 16.88% of the stock is currently owned by institutional investors and hedge funds.

Carnival Co. & Company Profile (NYSE:CUK)

Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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