Carnival Co. & (NYSE:CUK) Trading Down 2.4%

Carnival Co. & plc (NYSE:CUK)’s stock price fell 2.4% during mid-day trading on Thursday . The stock traded as low as $15.18 and last traded at $15.25. 599,138 shares were traded during trading, a decline of 71% from the average session volume of 2,079,539 shares. The stock had previously closed at $15.62.

Carnival Co. & Stock Down 5.7 %

The firm has a market cap of $2.75 billion, a price-to-earnings ratio of -130.07 and a beta of 2.59. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 4.14. The firm has a 50 day moving average price of $14.61 and a 200-day moving average price of $13.89.

Insider Transactions at Carnival Co. &

In other news, CFO David Bernstein sold 153,995 shares of Carnival Co. & stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the completion of the transaction, the chief financial officer now owns 181,981 shares of the company’s stock, valued at approximately $2,797,047.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CUK. Acadian Asset Management LLC acquired a new position in shares of Carnival Co. & during the 1st quarter valued at about $27,000. GAMMA Investing LLC acquired a new stake in Carnival Co. & during the 4th quarter worth approximately $33,000. FMR LLC increased its position in Carnival Co. & by 403.1% during the 1st quarter. FMR LLC now owns 3,939 shares of the company’s stock worth $36,000 after purchasing an additional 3,156 shares in the last quarter. Citigroup Inc. acquired a new stake in Carnival Co. & during the 2nd quarter worth approximately $45,000. Finally, Quadrant Capital Group LLC increased its position in Carnival Co. & by 131.3% during the 4th quarter. Quadrant Capital Group LLC now owns 3,300 shares of the company’s stock worth $56,000 after purchasing an additional 1,873 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

About Carnival Co. &

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 and private islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.