Goldman Sachs Group Inc. trimmed its stake in shares of Carnival plc (NYSE:CUK) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,768,157 shares of the company’s stock after selling 56,236 shares during the period. Goldman Sachs Group Inc. owned about 0.84% of Carnival worth $117,193,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Guggenheim Capital LLC lifted its position in shares of Carnival by 21.4% during the 4th quarter. Guggenheim Capital LLC now owns 10,672 shares of the company’s stock valued at $707,000 after acquiring an additional 1,878 shares during the period. Deutsche Bank AG increased its stake in shares of Carnival by 3,581.0% during the 4th quarter. Deutsche Bank AG now owns 90,406 shares of the company’s stock worth $5,992,000 after purchasing an additional 87,950 shares in the last quarter. Clearbridge Investments LLC increased its stake in shares of Carnival by 2.9% during the 4th quarter. Clearbridge Investments LLC now owns 79,000 shares of the company’s stock worth $5,236,000 after purchasing an additional 2,230 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Carnival by 160.9% during the 4th quarter. Renaissance Technologies LLC now owns 533,600 shares of the company’s stock worth $35,367,000 after purchasing an additional 329,100 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Carnival by 12.9% during the 4th quarter. Signaturefd LLC now owns 9,281 shares of the company’s stock worth $615,000 after purchasing an additional 1,063 shares in the last quarter. Institutional investors own 4.43% of the company’s stock.
Carnival plc (NYSE:CUK) opened at $67.11 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.14 and a current ratio of 0.18. Carnival plc has a 12 month low of $55.85 and a 12 month high of $72.29. The firm has a market cap of $14,021.93, a P/E ratio of 17.53 and a beta of 0.77.
The firm 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 dividend of $0.45 per share. The ex-dividend date is Thursday, February 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.68%. Carnival’s dividend payout ratio (DPR) is 50.14%.
In other news, CEO Arnold W. Donald sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $68.00, for a total transaction of $408,000.00. Following the completion of the transaction, the chief executive officer now directly owns 115,572 shares of the company’s stock, valued at approximately $7,858,896. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Stein Kruse sold 60,665 shares of Carnival stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $66.59, for a total transaction of $4,039,682.35. The disclosure for this sale can be found here. Over the last three months, insiders have sold 298,323 shares of company stock valued at $20,079,863. Corporate insiders own 0.03% of the company’s stock.
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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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