Landscape Capital Management L.L.C. Raises Stock Position in Carnival Co. & plc (NYSE:CUK)

Landscape Capital Management L.L.C. grew its position in shares of Carnival Co. & plc (NYSE:CUK) by 8.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,440 shares of the company’s stock after purchasing an additional 18,129 shares during the period. Landscape Capital Management L.L.C.’s holdings in Carnival Co. & were worth $3,975,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in shares of Carnival Co. & during the 1st quarter valued at about $76,000. EntryPoint Capital LLC boosted its holdings in Carnival Co. & by 595.8% during the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock valued at $30,000 after acquiring an additional 1,722 shares during the period. QRG Capital Management Inc. increased its stake in Carnival Co. & by 18.6% in the 2nd quarter. QRG Capital Management Inc. now owns 95,730 shares of the company’s stock worth $1,648,000 after purchasing an additional 14,987 shares during the period. Palliser Capital UK Ltd lifted its position in Carnival Co. & by 29.4% in the second 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 during the last quarter. Finally, Blue Trust Inc. purchased a new stake in shares of Carnival Co. & during the second quarter valued at approximately $40,000. Institutional investors own 23.80% of the company’s stock.

Insider Activity

In related news, 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 transaction, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.08% of the company’s stock.

Carnival Co. & Price Performance

CUK stock opened at $22.66 on Thursday. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 20.23 and a beta of 2.71. The firm’s 50-day moving average price is $18.66 and its two-hundred day moving average price is $16.13. 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 $12.49 and a 12-month high of $23.01.

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

Carnival Co. & 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.