Bank of New York Mellon Corp cut its holdings in shares of Carnival Corporation (NYSE:CUK) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,434 shares of the company’s stock after selling 77 shares during the period. Bank of New York Mellon Corp’s holdings in Carnival Corporation were worth $2,607,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. Aperio Group LLC boosted its position in Carnival Corporation by 16.3% during the 2nd 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 period. Goldman Sachs Group Inc. boosted its position in Carnival Corporation by 80.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 778,593 shares of the company’s stock worth $45,073,000 after buying an additional 347,011 shares during the period. Causeway Capital Management LLC boosted its position in Carnival Corporation by 1.5% during the 1st quarter. Causeway Capital Management LLC now owns 291,762 shares of the company’s stock worth $16,890,000 after buying an additional 4,363 shares during the period. Bank of America Corp DE boosted its position in Carnival Corporation by 0.8% during the 1st quarter. Bank of America Corp DE now owns 228,433 shares of the company’s stock worth $13,224,000 after buying an additional 1,794 shares during the period. Finally, Marshall Wace North America L.P. acquired a new stake in Carnival Corporation during the 1st quarter worth approximately $5,810,000. Institutional investors and hedge funds own 3.93% of the company’s stock.
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Separately, ValuEngine upgraded shares of Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.
In other news, insider Alan Buckelew sold 15,000 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $67.02, for a total transaction of $1,005,300.00. Following the completion of the sale, the insider now owns 150,860 shares of the company’s stock, valued at $10,110,637.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.04% of the company’s stock.
Carnival Corporation (CUK) opened at 67.14 on Thursday. Carnival Corporation has a 12 month low of $46.07 and a 12 month high of $70.56. The firm has a market cap of $48.41 billion, a P/E ratio of 18.26 and a beta of 0.65. The stock has a 50 day moving average of $66.72 and a 200-day moving average of $64.55.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Wednesday, August 23rd. Carnival Corporation’s dividend payout ratio (DPR) is presently 43.72%.
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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