9,248 Shares in Carnival Co. & plc (NYSE:CUK) Acquired by Truist Financial Corp

Truist Financial Corp bought a new position 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 9,248 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CUK. GAMMA Investing LLC boosted its holdings in Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock worth $66,000 after purchasing an additional 652 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Carnival Co. & by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after acquiring an additional 583 shares during the last quarter. Aigen Investment Management LP purchased a new position in shares of Carnival Co. & during the 3rd quarter worth $190,000. Verition Fund Management LLC purchased a new position in shares of Carnival Co. & during the 3rd quarter worth $227,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Carnival Co. & by 76.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 48,045 shares of the company’s stock worth $801,000 after acquiring an additional 20,746 shares during the last quarter. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Carnival Co. & Trading Down 6.6 %

Shares of Carnival Co. & stock opened at $19.02 on Friday. The company’s fifty day simple moving average is $22.80 and its 200-day simple moving average is $20.50. The stock has a market capitalization of $3.57 billion, a PE ratio of 13.68 and a beta of 2.69. Carnival Co. & plc has a 1-year low of $12.50 and a 1-year high of $26.14. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25.

Carnival Co. & (NYSE:CUK) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. As a group, equities analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current year.

Carnival Co. & Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.