Charles Schwab Investment Management Inc. Has $1.28 Million Stake in Carnival Co. & plc (NYSE:CUK)

Charles Schwab Investment Management Inc. grew its position in Carnival Co. & plc (NYSE:CUK) by 18.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,019 shares of the company’s stock after purchasing an additional 8,974 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Carnival Co. & were worth $1,283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Verition Fund Management LLC acquired a new stake in Carnival Co. & in the 3rd quarter valued at approximately $227,000. Maven Securities LTD acquired a new stake in shares of Carnival Co. & in the third quarter valued at approximately $2,110,000. Two Sigma Advisers LP raised its holdings in shares of Carnival Co. & by 52.4% in the third quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock valued at $12,906,000 after purchasing an additional 266,200 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of 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 in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Carnival Co. & by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after purchasing an additional 583 shares during the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Carnival Co. & Stock Down 4.1 %

Carnival Co. & stock opened at $17.92 on Friday. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a 1-year low of $12.50 and a 1-year high of $26.14. The company has a fifty day simple moving average of $21.56 and a 200 day simple moving average of $20.91. The company has a market cap of $3.36 billion, a P/E ratio of 12.89 and a beta of 2.72.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Research analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current fiscal 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.