Y Intercept Hong Kong Ltd Cuts Stock Holdings in Carnival Co. & plc (NYSE:CUK)

Y Intercept Hong Kong Ltd trimmed its position in shares of Carnival Co. & plc (NYSE:CUK) by 22.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,767 shares of the company’s stock after selling 7,614 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Carnival Co. & were worth $580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Truist Financial Corp purchased a new position in Carnival Co. & during the 4th quarter worth $208,000. ABC Arbitrage SA purchased a new position in shares of Carnival Co. & in the 4th quarter worth about $15,184,000. Blue Trust Inc. boosted its holdings in shares of Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after buying an additional 583 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Carnival Co. & by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock worth $66,000 after buying an additional 652 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its holdings in shares of Carnival Co. & by 52.4% in the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock worth $12,906,000 after buying an additional 266,200 shares during the last quarter. 23.80% of the stock is owned by hedge funds and other institutional investors.

Carnival Co. & Price Performance

Shares of NYSE:CUK opened at $21.66 on Friday. The company’s 50-day moving average is $23.05 and its 200 day moving average is $20.32. 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 company has a market capitalization of $4.06 billion, a P/E ratio of 15.58 and a beta of 2.69. Carnival Co. & plc has a fifty-two week low of $12.50 and a fifty-two week high of $26.14.

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