Virtu Financial LLC Makes New Investment in Carnival Co. & plc (NYSE:CUK)

Virtu Financial LLC purchased a new position in shares of Carnival Co. & plc (NYSE:CUK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,440 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in Carnival Co. & during the fourth quarter worth about $33,000. Quadrant Capital Group LLC boosted its position in shares of Carnival Co. & by 131.3% in the fourth quarter. Quadrant Capital Group LLC now owns 3,300 shares of the company’s stock worth $56,000 after buying an additional 1,873 shares during the period. Qtron Investments LLC purchased a new stake in shares of Carnival Co. & in the fourth quarter worth about $201,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Carnival Co. & in the third quarter worth about $248,000. Finally, Crystalline Management Inc. purchased a new stake in shares of Carnival Co. & in the fourth quarter worth about $351,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

Shares of NYSE CUK opened at $14.43 on Friday. Carnival Co. & plc has a 1-year low of $9.77 and a 1-year high of $17.95. The business has a 50-day moving average of $13.81 and a 200-day moving average of $14.63. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.36 and a quick ratio of 0.32. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 55.50 and a beta of 2.62.

Carnival Co. & (NYSE:CUK) last issued its earnings results on Wednesday, March 27th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.08. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The company had revenue of $5.41 billion during the quarter.

Carnival Co. & 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.