Carnival PLC (NYSE:CUK) CFO David Bernstein sold 4,030 shares of the company’s stock in a transaction that occurred on Tuesday, October 4th. The shares were sold at an average price of GBX 49.18 ($0.61), for a total transaction of £1,981.95 ($2,452.91). Following the completion of the sale, the chief financial officer now directly owns 47,045 shares of the company’s stock, valued at approximately £23,136.73 ($28,634.57). The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Carnival PLC (NYSE:CUK) traded down 0.38% on Friday, hitting $46.70. 99,193 shares of the stock traded hands. The company has a market cap of $34.09 billion, a price-to-earnings ratio of 14.52 and a beta of 0.79. Carnival PLC has a 1-year low of $42.45 and a 1-year high of $58.08. The stock has a 50-day moving average price of $47.40 and a 200 day moving average price of $48.91.
Carnival PLC (NYSE:CUK) last released its quarterly earnings results on Monday, September 26th. The company reported $1.92 earnings per share (EPS) for the quarter. Carnival PLC had a net margin of 15.10% and a return on equity of 10.76%. On average, analysts anticipate that Carnival PLC will post $3.31 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 16th. Shareholders of record on Friday, August 26th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, August 24th. This represents a $1.40 annualized dividend and a yield of 2.99%. Carnival PLC’s payout ratio is 42.94%.
Separately, Zacks Investment Research downgraded shares of Carnival PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CUK. Allianz Asset Management AG raised its position in Carnival PLC by 282.3% in the second quarter. Allianz Asset Management AG now owns 170,007 shares of the company’s stock valued at $7,615,000 after buying an additional 125,534 shares during the last quarter. Marshall Wace LLP raised its stake in Carnival PLC by 513.4% in the second quarter. Marshall Wace LLP now owns 84,502 shares of the company’s stock valued at $3,785,000 after buying an additional 70,725 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in Carnival PLC during the first quarter valued at $2,428,000. Bank of Montreal Can bought a new stake in Carnival PLC during the second quarter valued at $1,837,000. Finally, Cubist Systematic Strategies LLC bought a new stake in Carnival PLC during the second quarter valued at $1,500,000. Hedge funds and other institutional investors own 2.65% 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, and Australia & Asia (EAA). Its North America segment includes Carnival Cruise Lines, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (United Kingdom), P&O Cruises (Australia) and Cunard.
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