Carnival Corporation (CUK) Shares Bought by Wells Fargo & Company MN
Wells Fargo & Company MN grew its holdings in Carnival Corporation (NYSE:CUK) by 0.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 186,996 shares of the company’s stock after buying an additional 141 shares during the quarter. Wells Fargo & Company MN’s holdings in Carnival Corporation were worth $12,364,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CUK. Financial Counselors Inc. grew its position in shares of Carnival Corporation by 0.5% in the 1st quarter. Financial Counselors Inc. now owns 5,329 shares of the company’s stock worth $308,000 after buying an additional 24 shares during the last quarter. Huntington National Bank increased its stake in shares of Carnival Corporation by 6.4% during the second quarter. Huntington National Bank now owns 1,926 shares of the company’s stock valued at $127,000 after buying an additional 115 shares during the period. Sei Investments Co. increased its stake in shares of Carnival Corporation by 0.5% during the first quarter. Sei Investments Co. now owns 49,805 shares of the company’s stock valued at $2,883,000 after buying an additional 259 shares during the period. Atria Investments LLC increased its stake in shares of Carnival Corporation by 5.5% during the second quarter. Atria Investments LLC now owns 8,206 shares of the company’s stock valued at $543,000 after buying an additional 425 shares during the period. Finally, UBS Group AG increased its stake in shares of Carnival Corporation by 4.7% during the first quarter. UBS Group AG now owns 12,267 shares of the company’s stock valued at $710,000 after buying an additional 552 shares during the period. Institutional investors and hedge funds own 3.45% of the company’s stock.
Shares of Carnival Corporation (CUK) opened at 64.48 on Monday. The company has a 50-day moving average of $68.24 and a 200 day moving average of $63.58. The company has a market cap of $46.68 billion, a PE ratio of 17.05 and a beta of 0.66. Carnival Corporation has a 12-month low of $46.01 and a 12-month high of $70.56.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.60 annualized dividend and a dividend yield of 2.48%. Carnival Corporation’s dividend payout ratio (DPR) is presently 43.72%.
Separately, ValuEngine raised Carnival Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th.
In other news, insider Alan Buckelew sold 15,000 shares of the company’s 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 transaction, 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 available at this link. 0.04% of the stock is owned by insiders.
TRADEMARK VIOLATION WARNING: “Carnival Corporation (CUK) Shares Bought by Wells Fargo & Company MN” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/carnival-corporation-cuk-shares-bought-by-wells-fargo-company-mn/1602363.html.
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.
Receive News & Ratings for Carnival Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.