Carnival plc (NYSE:CUK) General Counsel Arnaldo Perez sold 7,000 shares of Carnival stock in a transaction on Monday, April 16th. The stock was sold at an average price of $64.01, for a total value of $448,070.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Arnaldo Perez also recently made the following trade(s):
- On Tuesday, February 13th, Arnaldo Perez sold 8,567 shares of Carnival stock. The stock was sold at an average price of $68.73, for a total value of $588,809.91.
NYSE CUK opened at $65.66 on Friday. Carnival plc has a 52 week low of $58.28 and a 52 week high of $72.29. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.14 and a current ratio of 0.19. The firm has a market cap of $13,774.90, a PE ratio of 16.62 and a beta of 0.83.
Carnival (NYSE:CUK) last posted its quarterly earnings results on Thursday, March 22nd. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.39 by $0.13. Carnival had a return on equity of 11.97% and a net margin of 14.73%. The business had revenue of $4.23 billion for the quarter. sell-side analysts expect that Carnival plc will post 4.3 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Stockholders of record on Friday, May 25th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Thursday, May 24th. This is a positive change from Carnival’s previous quarterly dividend of $0.45. Carnival’s payout ratio is currently 47.12%.
Separately, ValuEngine lowered Carnival from a “buy” rating to a “hold” rating in a report on Tuesday, March 20th.
Hedge funds and other institutional investors have recently bought and sold shares of the company. FNY Partners Fund LP purchased a new position in shares of Carnival during the 4th quarter worth $159,000. We Are One Seven LLC purchased a new stake in Carnival in the 4th quarter valued at about $218,000. Verition Fund Management LLC purchased a new stake in Carnival in the 4th quarter valued at about $235,000. Cutler Group LP raised its holdings in Carnival by 180.6% in the 4th quarter. Cutler Group LP now owns 7,000 shares of the company’s stock valued at $463,000 after buying an additional 4,505 shares during the period. Finally, Signaturefd LLC raised its holdings in Carnival by 12.9% in the 4th quarter. Signaturefd LLC now owns 9,281 shares of the company’s stock valued at $615,000 after buying an additional 1,063 shares during the period. Institutional investors and hedge funds own 4.44% of the company’s stock.
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Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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