Callan Family Office LLC Invests $593,000 in Carnival Co. & plc (NYSE:CUK)

Callan Family Office LLC bought a new stake in shares of Carnival Co. & plc (NYSE:CUK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,338 shares of the company’s stock, valued at approximately $593,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CUK. Aigen Investment Management LP purchased a new position in shares of Carnival Co. & during the 3rd quarter worth $190,000. Anthracite Investment Company Inc. purchased a new stake in shares of Carnival Co. & in the 3rd quarter worth $1,872,000. Landscape Capital Management L.L.C. raised its holdings in Carnival Co. & by 8.2% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 238,440 shares of the company’s stock worth $3,975,000 after purchasing an additional 18,129 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Carnival Co. & by 76.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 48,045 shares of the company’s stock valued at $801,000 after purchasing an additional 20,746 shares in the last quarter. Finally, Verition Fund Management LLC bought a new stake in Carnival Co. & during the third quarter valued at about $227,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Carnival Co. & Stock Performance

Shares of CUK opened at $18.93 on Monday. The business has a 50-day simple moving average of $22.72 and a two-hundred day simple moving average of $20.53. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. Carnival Co. & plc has a 52 week low of $12.50 and a 52 week high of $26.14. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of 13.62 and a beta of 2.72.

Carnival Co. & (NYSE:CUK) last released its earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. On average, analysts expect that Carnival Co. & plc will post 1.7 EPS for the current year.

Carnival Co. & Company 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.