Carnival plc (CUK) CEO Arnold W. Donald Sells 8,000 Shares

Carnival plc (NYSE:CUK) CEO Arnold W. Donald sold 8,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $71.66, for a total value of $573,280.00. Following the completion of the transaction, the chief executive officer now directly owns 102,150 shares in the company, valued at approximately $7,320,069. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, January 9th, Arnold W. Donald sold 3,000 shares of Carnival stock. The stock was sold at an average price of $68.00, for a total value of $204,000.00.

Carnival plc (CUK) opened at $69.49 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.18 and a quick ratio of 0.14. Carnival plc has a 12 month low of $53.57 and a 12 month high of $72.29. The company has a market capitalization of $14,637.40, a PE ratio of 18.30 and a beta of 0.73.

Carnival (NYSE:CUK) last posted its quarterly earnings data on Tuesday, December 19th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.47 by $0.16. Carnival had a return on equity of 11.78% and a net margin of 14.88%. The firm had revenue of $4.26 billion for the quarter. research analysts expect that Carnival plc will post 4.15 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 23rd will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, February 22nd. Carnival’s dividend payout ratio (DPR) is currently 50.14%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisor Group Inc. raised its stake in shares of Carnival by 152.3% in the second quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock worth $114,000 after buying an additional 1,039 shares during the period. Citigroup Inc. raised its stake in shares of Carnival by 6.8% in the second quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock worth $144,000 after buying an additional 139 shares during the period. FNY Partners Fund LP bought a new position in shares of Carnival in the fourth quarter worth about $159,000. Tower Research Capital LLC TRC raised its stake in shares of Carnival by 291.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,672 shares of the company’s stock worth $177,000 after buying an additional 1,990 shares during the period. Finally, Nine Chapters Capital Management LLC bought a new position in shares of Carnival in the third quarter worth about $206,000. 3.80% of the stock is currently owned by hedge funds and other institutional investors.

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Carnival 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.

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

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