Eagle Asset Management Inc. acquired a new position in shares of Carnival Corporation (NYSE:CUK) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 4,226 shares of the company’s stock, valued at approximately $279,000.
A number of other institutional investors also recently bought and sold shares of CUK. Goldman Sachs Group Inc. lifted its position in Carnival Corporation by 80.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 778,593 shares of the company’s stock worth $45,073,000 after acquiring an additional 347,011 shares during the period. Aperio Group LLC lifted its position in Carnival Corporation by 16.3% during the 2nd quarter. Aperio Group LLC now owns 1,168,775 shares of the company’s stock worth $77,279,000 after acquiring an additional 164,173 shares during the period. MARSHALL WACE ASIA Ltd acquired a new stake in Carnival Corporation during the 1st quarter worth approximately $5,810,000. Marshall Wace North America L.P. acquired a new stake in Carnival Corporation during the 1st quarter worth approximately $5,810,000. Finally, Bank of Montreal Can acquired a new stake in Carnival Corporation during the 2nd quarter worth approximately $2,727,000. 3.45% of the stock is owned by institutional investors.
In other news, insider Alan Buckelew sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was sold at an average price of $67.52, for a total transaction of $1,012,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Olaf Thamm sold 12,768 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The stock was sold at an average price of $65.89, for a total value of $841,283.52. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,768 shares of company stock valued at $2,859,384. 0.04% of the stock is currently owned by insiders.
Shares of Carnival Corporation (NYSE:CUK) opened at 68.97 on Wednesday. The firm’s 50-day moving average price is $68.22 and its 200-day moving average price is $63.04. The firm has a market capitalization of $49.93 billion, a PE ratio of 18.24 and a beta of 0.69. Carnival Corporation has a 52-week low of $45.58 and a 52-week high of $70.56.
Carnival Corporation (NYSE:CUK) last issued its earnings results on Thursday, June 22nd. The company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.07. Carnival Corporation had a return on equity of 11.26% and a net margin of 16.48%. The company had revenue of $3.95 billion during the quarter. On average, equities analysts predict that Carnival Corporation will post $3.57 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 2.32%. Carnival Corporation’s payout ratio is currently 42.55%.
Separately, ValuEngine raised Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.
Carnival Corporation Company Profile
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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