Nine Chapters Capital Management LLC acquired a new position in shares of Carnival plc (NYSE:CUK) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 3,200 shares of the company’s stock, valued at approximately $206,000.
A number of other large investors have also recently bought and sold shares of the business. Advisor Group Inc. grew its position in shares of Carnival plc by 152.3% in the second quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock valued at $114,000 after purchasing an additional 1,039 shares in the last quarter. Huntington National Bank lifted its stake in Carnival plc by 6.4% during the second quarter. Huntington National Bank now owns 1,926 shares of the company’s stock worth $127,000 after purchasing an additional 115 shares in the last quarter. Citigroup Inc. lifted its stake in Carnival plc by 6.8% during the second quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock worth $144,000 after purchasing an additional 139 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Carnival plc by 291.8% during the second quarter. Tower Research Capital LLC TRC now owns 2,672 shares of the company’s stock worth $177,000 after purchasing an additional 1,990 shares in the last quarter. Finally, Checchi Capital Advisers LLC acquired a new position in Carnival plc during the second quarter worth $216,000. Institutional investors own 3.43% of the company’s stock.
Shares of Carnival plc (NYSE CUK) traded up $0.29 during midday trading on Friday, hitting $65.88. The stock had a trading volume of 311,065 shares, compared to its average volume of 263,003. The firm has a market capitalization of $47.23 billion, a PE ratio of 17.00 and a beta of 0.71. Carnival plc has a twelve month low of $47.92 and a twelve month high of $70.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.16 and a current ratio of 0.21.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.45 per share. This is an increase from Carnival plc’s previous quarterly dividend of $0.40. The ex-dividend date is Wednesday, November 22nd. This represents a $1.80 annualized dividend and a dividend yield of 2.73%. Carnival plc’s dividend payout ratio (DPR) is 43.60%.
In other news, CEO Arnold W. Donald sold 90,903 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $67.41, for a total transaction of $6,127,771.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.04% of the company’s stock.
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Carnival plc 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.
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