Charles Schwab Investment Management Inc. Boosts Stake in Carnival Co. & plc (NYSE:CUK)

Charles Schwab Investment Management Inc. boosted its stake in shares of Carnival Co. & plc (NYSE:CUK) by 76.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,045 shares of the company’s stock after purchasing an additional 20,746 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Carnival Co. & were worth $801,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of Carnival Co. & in the second quarter worth $40,000. Point72 Asset Management L.P. purchased a new stake in Carnival Co. & in the 2nd quarter worth $48,000. Signaturefd LLC raised its holdings in 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 acquiring an additional 2,053 shares during the period. Aigen Investment Management LP purchased a new position in shares of Carnival Co. & in the third quarter valued at about $190,000. Finally, International Assets Investment Management LLC bought a new position in shares of Carnival Co. & in the third quarter worth about $7,030,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Stock Down 3.8 %

Shares of CUK opened at $22.49 on Thursday. The business’s 50 day moving average is $21.59 and its 200 day moving average is $17.55. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. Carnival Co. & plc has a 12-month low of $12.50 and a 12-month high of $24.66. The company has a market capitalization of $4.22 billion, a PE ratio of 20.08 and a beta of 2.72.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The business had revenue of $7.90 billion during the quarter.

Insider Buying and Selling at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.08% of the stock is currently owned by company insiders.

About Carnival Co. &

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.