MARSHALL WACE ASIA Ltd purchased a new position in Carnival Corporation (NYSE:CUK) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 100,169 shares of the company’s stock, valued at approximately $5,810,000.
Other institutional investors have also bought and sold shares of the company. Financial Counselors Inc. raised its position in Carnival Corporation by 0.5% in the first quarter. Financial Counselors Inc. now owns 5,329 shares of the company’s stock worth $308,000 after buying an additional 24 shares in the last quarter. Hansberger Growth Investors LP raised its position in Carnival Corporation by 0.3% in the first quarter. Hansberger Growth Investors LP now owns 51,442 shares of the company’s stock valued at $2,978,000 after buying an additional 155 shares during the period. World Asset Management Inc raised its position in Carnival Corporation by 1.5% in the first quarter. World Asset Management Inc now owns 13,486 shares of the company’s stock valued at $781,000 after buying an additional 193 shares during the period. Sei Investments Co. raised its position in Carnival Corporation by 0.5% in the first quarter. Sei Investments Co. now owns 49,805 shares of the company’s stock valued at $2,883,000 after buying an additional 259 shares during the period. Finally, Stevens Capital Management LP raised its position in Carnival Corporation by 5.3% in the first quarter. Stevens Capital Management LP now owns 5,517 shares of the company’s stock valued at $319,000 after buying an additional 279 shares during the period. 4.15% of the stock is owned by institutional investors.
Shares of Carnival Corporation (NYSE CUK) traded up 0.62% during midday trading on Friday, reaching $66.18. 166,589 shares of the company traded hands. The stock’s 50-day moving average is $63.39 and its 200-day moving average is $57.16. Carnival Corporation has a 1-year low of $43.45 and a 1-year high of $66.66. The stock has a market capitalization of $48.05 billion, a P/E ratio of 16.31 and a beta of 0.72.
Carnival Corporation (NYSE:CUK) last announced its quarterly earnings results on Thursday, June 22nd. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.07. Carnival Corporation had a return on equity of 11.25% and a net margin of 18.09%. The business had revenue of $3.95 billion during the quarter. Equities analysts predict that Carnival Corporation will post $3.57 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 16th. Stockholders of record on Friday, May 26th were given a $0.40 dividend. The ex-dividend date was Wednesday, May 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.43%. This is a boost from Carnival Corporation’s previous quarterly dividend of $0.35. Carnival Corporation’s dividend payout ratio (DPR) is currently 39.60%.
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In other news, Director Richard Glasier sold 6,000 shares of the firm’s stock in a transaction on Thursday, April 13th. The stock was sold at an average price of $58.29, for a total value of $349,740.00. Following the completion of the transaction, the director now owns 26,684 shares in the company, valued at $1,555,410.36. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sir John Parker sold 19,965 shares of the firm’s stock in a transaction 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 owns 22,798 shares of the company’s stock, valued at approximately $1,390,222.04. The disclosure for this sale can be found here. Company insiders own 0.04% of the company’s stock.
About Carnival Corporation
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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