QRG Capital Management Inc. Acquires 19,679 Shares of Carnival Co. & plc (NYSE:CUK)

QRG Capital Management Inc. grew its holdings in Carnival Co. & plc (NYSE:CUK) by 21.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 112,894 shares of the company’s stock after acquiring an additional 19,679 shares during the period. QRG Capital Management Inc.’s holdings in Carnival Co. & were worth $2,541,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Aigen Investment Management LP purchased a new position in Carnival Co. & in the 3rd quarter worth approximately $190,000. Anthracite Investment Company Inc. bought a new stake in shares of Carnival Co. & during the third quarter valued at approximately $1,872,000. Landscape Capital Management L.L.C. lifted its holdings in shares of Carnival Co. & by 8.2% in the third quarter. Landscape Capital Management L.L.C. now owns 238,440 shares of the company’s stock worth $3,975,000 after buying an additional 18,129 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Carnival Co. & by 76.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 48,045 shares of the company’s stock worth $801,000 after buying an additional 20,746 shares in the last quarter. Finally, Verition Fund Management LLC bought a new position in shares of Carnival Co. & during the third quarter worth $227,000. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Stock Performance

Shares of NYSE CUK opened at $21.66 on Friday. The company has a market cap of $4.06 billion, a P/E ratio of 15.58 and a beta of 2.69. Carnival Co. & plc has a 52-week low of $12.50 and a 52-week high of $26.14. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The firm’s fifty day moving average is $23.05 and its two-hundred day moving average is $20.32.

Carnival Co. & (NYSE:CUK) last issued its earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. As a group, analysts anticipate that Carnival Co. & plc will post 1.7 EPS 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.