Carnival Corporation (NYSE:CUK) insider Alan Buckelew sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of $67.52, for a total value of $1,012,800.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Alan Buckelew also recently made the following trade(s):
- On Monday, July 31st, Alan Buckelew sold 15,000 shares of Carnival Corporation stock. The shares were sold at an average price of $67.02, for a total value of $1,005,300.00.
Shares of Carnival Corporation (NYSE CUK) traded down 1.89% on Thursday, hitting $68.16. The company’s stock had a trading volume of 310,425 shares. The firm has a market cap of $49.35 billion, a price-to-earnings ratio of 18.03 and a beta of 0.70. Carnival Corporation has a one year low of $44.60 and a one year high of $69.71. The stock has a 50-day moving average price of $67.22 and a 200 day moving average price of $61.30.
Carnival Corporation (NYSE:CUK) last posted its quarterly earnings data on Thursday, June 22nd. The company reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.07. The firm had revenue of $3.95 billion during the quarter. Carnival Corporation had a net margin of 16.48% and a return on equity of 11.26%. Equities research analysts predict that Carnival Corporation will post $3.57 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.35%. Carnival Corporation’s payout ratio is currently 42.55%.
Separately, ValuEngine upgraded Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.
Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in Carnival Corporation by 87.0% in the second quarter. Goldman Sachs Group Inc. now owns 1,456,063 shares of the company’s stock worth $96,275,000 after buying an additional 677,470 shares during the last quarter. Aperio Group LLC boosted its position in Carnival Corporation by 16.3% in the second quarter. Aperio Group LLC now owns 1,168,775 shares of the company’s stock worth $77,279,000 after buying an additional 164,173 shares during the last quarter. Karp Capital Management Corp bought a new position in Carnival Corporation during the first quarter worth $58,156,000. State of Wisconsin Investment Board boosted its position in Carnival Corporation by 48.9% in the first quarter. State of Wisconsin Investment Board now owns 955,200 shares of the company’s stock worth $55,297,000 after buying an additional 313,589 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in Carnival Corporation by 1.6% in the second quarter. Parametric Portfolio Associates LLC now owns 338,061 shares of the company’s stock worth $22,353,000 after buying an additional 5,205 shares during the last quarter. 3.43% of the stock is owned by hedge funds and other institutional investors.
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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