Sir Jonathon Band Sells 17,500 Shares of Carnival Co. & plc (NYSE:CUK) Stock

Carnival Co. & plc (NYSE:CUK) Director Sir Jonathon Band sold 17,500 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $1,428,937.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Carnival Co. & Stock Performance

The firm has a market capitalization of $3.74 billion, a PE ratio of 17.87 and a beta of 2.74. The stock’s 50 day moving average price is $17.01 and its two-hundred day moving average price is $15.41. 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 $10.54 and a 12-month high of $20.88.

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

Institutional Investors Weigh In On Carnival Co. &

A number of hedge funds have recently bought and sold shares of CUK. BNP Paribas Financial Markets purchased a new position in shares of Carnival Co. & during the 1st quarter valued at approximately $76,000. QRG Capital Management Inc. bought a new position in Carnival Co. & during the 1st quarter valued at $1,189,000. Acadian Asset Management LLC acquired a new position in Carnival Co. & during the 1st quarter worth $9,001,000. EntryPoint Capital LLC increased its position in shares of Carnival Co. & by 595.8% in the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock worth $30,000 after purchasing an additional 1,722 shares during the last quarter. Finally, Palliser Capital UK Ltd raised its stake in shares of Carnival Co. & by 29.4% in the 2nd quarter. Palliser Capital UK Ltd now owns 310,219 shares of the company’s stock valued at $5,342,000 after purchasing an additional 70,555 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Carnival Co. & Company Profile

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.