Carnival Co. & plc (NYSE:CUK) Shares Purchased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC lifted its holdings in shares of Carnival Co. & plc (NYSE:CUK) by 65.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 147,010 shares of the company’s stock after acquiring an additional 58,261 shares during the period. Cubist Systematic Strategies LLC’s holdings in Carnival Co. & were worth $2,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Acadian Asset Management LLC purchased a new stake in Carnival Co. & during the first quarter valued at about $9,001,000. Renaissance Technologies LLC boosted its holdings in Carnival Co. & by 13.5% in the second quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company’s stock worth $40,653,000 after purchasing an additional 281,300 shares in the last quarter. QRG Capital Management Inc. acquired a new position in shares of Carnival Co. & during the 1st quarter valued at about $1,189,000. Bank of Montreal Can acquired a new position in Carnival Co. & during the second quarter valued at approximately $1,305,000. Finally, Palliser Capital UK Ltd raised its holdings in Carnival Co. & by 29.4% in the 2nd quarter. Palliser Capital UK Ltd now owns 310,219 shares of the company’s stock worth $5,342,000 after acquiring an additional 70,555 shares during the period. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Price Performance

NYSE CUK opened at $16.86 on Monday. Carnival Co. & plc has a twelve month low of $9.77 and a twelve month high of $17.95. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.24 and a current ratio of 0.28. The stock has a market capitalization of $3.16 billion, a PE ratio of 25.94 and a beta of 2.74. The stock has a 50-day simple moving average of $15.12 and a 200 day simple moving average of $14.75.

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.