Millennium Management LLC Purchases 177,207 Shares of Carnival Co. & plc (NYSE:CUK)

Millennium Management LLC grew its holdings in shares of Carnival Co. & plc (NYSE:CUK) by 20.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,061,079 shares of the company’s stock after buying an additional 177,207 shares during the quarter. Millennium Management LLC owned 0.57% of Carnival Co. & worth $18,272,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. EntryPoint Capital LLC grew its position in Carnival Co. & by 595.8% in the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock valued at $30,000 after acquiring an additional 1,722 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Carnival Co. & by 56.7% during the second quarter. Signaturefd LLC now owns 5,671 shares of the company’s stock valued at $98,000 after purchasing an additional 2,053 shares during the period. Blue Trust Inc. bought a new position in shares of Carnival Co. & in the second quarter worth about $40,000. BNP Paribas Financial Markets purchased a new position in Carnival Co. & in the 1st quarter worth about $76,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in Carnival Co. & by 14.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 51,322 shares of the company’s stock valued at $884,000 after buying an additional 6,517 shares in the last quarter. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $16.35 on Friday. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28 and a quick ratio of 0.24. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 25.15 and a beta of 2.74. The firm has a 50-day moving average of $15.09 and a two-hundred day moving average of $14.80. Carnival Co. & plc has a 1 year low of $9.77 and a 1 year high of $17.95.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. The firm 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.