OLD National Bancorp IN lowered its position in Carnival PLC (NYSE:CUK) by 5.0% during the second quarter, Holdings Channel reports. The institutional investor owned 5,429 shares of the company’s stock after selling 286 shares during the period. OLD National Bancorp IN’s holdings in Carnival PLC were worth $243,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in Carnival PLC during the second quarter worth $1,837,000. 1st Global Advisors Inc. boosted its position in Carnival PLC by 8.3% in the second quarter. 1st Global Advisors Inc. now owns 5,665 shares of the company’s stock worth $254,000 after buying an additional 436 shares in the last quarter. Rockefeller Financial Services Inc. boosted its position in Carnival PLC by 6.3% in the second quarter. Rockefeller Financial Services Inc. now owns 3,836 shares of the company’s stock worth $172,000 after buying an additional 227 shares in the last quarter. Fulton Bank N.A. boosted its position in Carnival PLC by 7.7% in the second quarter. Fulton Bank N.A. now owns 8,720 shares of the company’s stock worth $390,000 after buying an additional 621 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Carnival PLC by 14.9% in the first quarter. Royal Bank of Canada now owns 12,359 shares of the company’s stock worth $671,000 after buying an additional 1,602 shares in the last quarter. Institutional investors and hedge funds own 2.88% of the company’s stock.

Carnival PLC (NYSE:CUK) traded down 1.16% during trading on Monday, reaching $45.87. The company had a trading volume of 161,322 shares. Carnival PLC has a 12 month low of $42.45 and a 12 month high of $58.08. The company has a market capitalization of $34.17 billion, a P/E ratio of 15.81 and a beta of 0.79. The firm’s 50 day moving average is $47.40 and its 200-day moving average is $49.20.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 16th. Investors of record on Friday, August 26th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, August 24th. This represents a $1.40 annualized dividend and a yield of 3.02%. Carnival PLC’s dividend payout ratio is presently 48.44%.

Separately, Zacks Investment Research cut Carnival PLC from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th.

Carnival PLC Company Profile

Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, and Australia & Asia (EAA). Its North America segment includes Carnival Cruise Lines, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (United Kingdom), P&O Cruises (Australia) and Cunard.

5 Day Chart for NYSE:CUK

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