Arnold W. Donald Sells 5,000 Shares of Carnival plc (CUK) Stock

Carnival plc (NYSE:CUK) CEO Arnold W. Donald sold 5,000 shares of Carnival stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $66.90, for a total value of $334,500.00. Following the transaction, the chief executive officer now directly owns 115,572 shares in the company, valued at $7,731,766.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Arnold W. Donald also recently made the following trade(s):

  • On Monday, October 16th, Arnold W. Donald sold 90,903 shares of Carnival stock. The stock was sold at an average price of $67.41, for a total value of $6,127,771.23.

Carnival plc (CUK) traded down $0.07 during midday trading on Thursday, reaching $66.89. The company had a trading volume of 292,500 shares, compared to its average volume of 406,250. The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 0.32. Carnival plc has a one year low of $51.30 and a one year high of $70.56. The stock has a market cap of $14,080.68, a PE ratio of 18.63 and a beta of 0.70.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $1.80 annualized dividend and a dividend yield of 2.69%. This is an increase from Carnival’s previous quarterly dividend of $0.40. Carnival’s payout ratio is currently 50.14%.

A number of institutional investors and hedge funds have recently bought and sold shares of CUK. Credit Suisse AG purchased a new position in Carnival during the 1st quarter valued at $270,000. First Trust Advisors LP purchased a new position in Carnival during the 2nd quarter valued at $737,000. Comerica Bank boosted its holdings in Carnival by 14.6% during the 2nd quarter. Comerica Bank now owns 15,512 shares of the company’s stock valued at $1,044,000 after acquiring an additional 1,973 shares during the period. Eagle Asset Management Inc. purchased a new position in Carnival during the 2nd quarter valued at $279,000. Finally, Financial Counselors Inc. boosted its holdings in Carnival by 2.2% during the 2nd quarter. Financial Counselors Inc. now owns 5,446 shares of the company’s stock valued at $360,000 after acquiring an additional 117 shares during the period. Institutional investors own 3.79% of the company’s stock.

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About Carnival

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.

Insider Buying and Selling by Quarter for Carnival (NYSE:CUK)

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