Atria Investments LLC cut its stake in Carnival plc (NYSE:CUK) by 2.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,781 shares of the company’s stock after selling 216 shares during the period. Atria Investments LLC’s holdings in Carnival plc were worth $450,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elkfork Partners LLC bought a new stake in shares of Carnival plc during the fourth quarter worth approximately $183,000. Marshall Wace LLP raised its stake in shares of Carnival plc by 87.4% in the fourth quarter. Marshall Wace LLP now owns 174,040 shares of the company’s stock worth $8,909,000 after buying an additional 81,178 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in shares of Carnival plc during the fourth quarter worth approximately $1,342,000. FNY Partners Fund LP bought a new stake in shares of Carnival plc during the fourth quarter worth approximately $527,000. Finally, Wetherby Asset Management Inc. raised its stake in shares of Carnival plc by 16.6% in the fourth quarter. Wetherby Asset Management Inc. now owns 6,606 shares of the company’s stock worth $339,000 after buying an additional 940 shares in the last quarter. 2.50% of the stock is owned by institutional investors and hedge funds.
Shares of Carnival plc (NYSE:CUK) traded down 1.93% during mid-day trading on Wednesday, hitting $59.94. 622,862 shares of the stock were exchanged. Carnival plc has a 52-week low of $43.45 and a 52-week high of $63.21. The stock has a 50-day moving average price of $59.63 and a 200 day moving average price of $54.72. The firm has a market cap of $43.52 billion, a price-to-earnings ratio of 14.77 and a beta of 0.67.
Carnival plc (NYSE:CUK) last issued its quarterly earnings data on Tuesday, March 28th. The company reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.05. Carnival plc had a return on equity of 11.35% and a net margin of 16.96%. The company had revenue of $3.79 billion during the quarter. On average, equities research analysts expect that Carnival plc will post $3.57 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Friday, May 26th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, May 24th. This represents a $1.60 dividend on an annualized basis and a yield of 2.67%. This is a boost from Carnival plc’s previous quarterly dividend of $0.35. Carnival plc’s payout ratio is currently 37.43%.
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In other Carnival plc news, Director Sir John Parker sold 19,965 shares of the business’s stock in a transaction that occurred on Friday, April 28th. The stock was sold at an average price of $60.98, for a total value of $1,217,465.70. Following the completion of the sale, the director now owns 22,798 shares in the company, valued at $1,390,222.04. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Richard Glasier sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, April 13th. The shares were sold at an average price of $58.29, for a total value of $349,740.00. Following the completion of the sale, the director now owns 26,684 shares of the company’s stock, valued at approximately $1,555,410.36. The disclosure for this sale can be found here. 0.01% of the stock is currently owned by insiders.
Carnival plc 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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