Universal Beteiligungs und Servicegesellschaft mbH Has $314,000 Position in Carnival Corporation $CUK

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Carnival Corporation (NYSE:CUK) by 95.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 10,354 shares of the company’s stock after selling 208,473 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Carnival were worth $314,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position in Carnival by 3.5% in the third quarter. Bank of Montreal Can now owns 1,667,608 shares of the company’s stock worth $44,092,000 after acquiring an additional 56,328 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Carnival by 11.7% during the 2nd quarter. Bank of America Corp DE now owns 1,080,975 shares of the company’s stock valued at $27,576,000 after purchasing an additional 113,134 shares in the last quarter. ABC Arbitrage SA lifted its stake in shares of Carnival by 11.5% in the 3rd quarter. ABC Arbitrage SA now owns 996,575 shares of the company’s stock valued at $26,349,000 after purchasing an additional 103,075 shares during the last quarter. Optiver Holding B.V. lifted its stake in shares of Carnival by 124.4% in the 3rd quarter. Optiver Holding B.V. now owns 728,577 shares of the company’s stock valued at $19,264,000 after purchasing an additional 403,937 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd bought a new stake in Carnival in the third quarter worth $17,600,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Carnival

In related news, Director Sir Jonathon Band sold 11,988 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the completion of the sale, the director owned 52,601 shares in the company, valued at $1,377,620.19. This represents a 18.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on CUK. Zacks Research raised shares of Carnival to a “hold” rating in a research report on Thursday, January 22nd. Weiss Ratings upgraded Carnival from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Carnival Stock Performance

Shares of CUK opened at $25.77 on Wednesday. The company has a market capitalization of $4.86 billion, a PE ratio of 11.45 and a beta of 2.36. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.30 and a quick ratio of 0.26. Carnival Corporation has a one year low of $17.54 and a one year high of $33.72. The company’s fifty day moving average price is $26.83 and its 200 day moving average price is $27.45.

Carnival (NYSE:CUK) last released its quarterly earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%.

Carnival Company Profile

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.