Carnival plc (NYSE:CUK) Director Sir John Parker sold 19,965 shares of the company’s stock in a transaction that occurred on Friday, April 28th. The shares were sold at an average price of $60.98, for a total value of $1,217,465.70. Following the completion of the transaction, the director now directly owns 22,798 shares in the company, valued at $1,390,222.04. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Carnival plc (NYSE CUK) traded up 0.70% during midday trading on Friday, reaching $65.75. 313,580 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $61.30 and its 200 day moving average is $55.79. Carnival plc has a one year low of $43.45 and a one year high of $66.53. The firm has a market cap of $47.73 billion, a PE ratio of 16.20 and a beta of 0.67.
Carnival plc (NYSE:CUK) last released its quarterly earnings results on Tuesday, March 28th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.33 by $0.05. The business had revenue of $3.79 billion during the quarter. Carnival plc had a net margin of 16.96% and a return on equity of 11.35%. Analysts anticipate that Carnival plc will post $3.57 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Stockholders of record on Friday, May 26th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, May 24th. This represents a $1.60 annualized dividend and a dividend yield of 2.43%. This is a positive change from Carnival plc’s previous quarterly dividend of $0.35. Carnival plc’s dividend payout ratio is currently 37.43%.
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Several institutional investors have recently added to or reduced their stakes in the company. Karp Capital Management Corp purchased a new position in Carnival plc during the first quarter valued at approximately $58,156,000. Goldman Sachs Group Inc. increased its stake in Carnival plc by 80.4% in the first quarter. Goldman Sachs Group Inc. now owns 778,593 shares of the company’s stock valued at $45,073,000 after buying an additional 347,011 shares during the last quarter. State of Wisconsin Investment Board increased its stake in Carnival plc by 48.9% in the first quarter. State of Wisconsin Investment Board now owns 955,200 shares of the company’s stock valued at $55,297,000 after buying an additional 313,589 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new stake in Carnival plc during the first quarter valued at $5,810,000. Finally, Marshall Wace North America L.P. bought a new stake in Carnival plc during the first quarter valued at $5,810,000. Institutional investors and hedge funds own 2.50% of the company’s stock.
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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