Insider Selling: Carnival plc (CUK) CFO Sells $731,500.00 in Stock
Carnival plc (NYSE:CUK) CFO David Bernstein sold 11,000 shares of Carnival stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $66.50, for a total value of $731,500.00. Following the transaction, the chief financial officer now directly owns 30,443 shares in the company, valued at $2,024,459.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Bernstein also recently made the following trade(s):
- On Thursday, December 27th, David Bernstein sold 25,526 shares of Carnival stock. The stock was sold at an average price of $66.59, for a total value of $1,699,776.34.
- On Thursday, December 28th, David Bernstein sold 51,454 shares of Carnival stock. The stock was sold at an average price of $66.76, for a total value of $3,435,069.04.
Carnival plc (NYSE CUK) opened at $66.36 on Monday. The stock has a market capitalization of $13,935.14, a PE ratio of 18.48 and a beta of 0.70. Carnival plc has a fifty-two week low of $51.44 and a fifty-two week high of $70.56. The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 0.32.
The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were issued a dividend of $0.45 per share. This is a positive change from Carnival’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Wednesday, November 22nd. Carnival’s payout ratio is presently 50.14%.
A number of large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in shares of Carnival by 87.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,456,063 shares of the company’s stock valued at $96,275,000 after purchasing an additional 677,470 shares during the period. Aperio Group LLC boosted its position in Carnival by 1.5% during the 3rd quarter. Aperio Group LLC now owns 1,186,488 shares of the company’s stock worth $76,505,000 after acquiring an additional 17,713 shares during the period. Parametric Portfolio Associates LLC boosted its position in Carnival by 13.2% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 377,246 shares of the company’s stock worth $24,325,000 after acquiring an additional 43,985 shares during the period. Wells Fargo & Company MN boosted its position in Carnival by 0.9% during the 3rd quarter. Wells Fargo & Company MN now owns 188,682 shares of the company’s stock worth $12,166,000 after acquiring an additional 1,686 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Carnival by 940.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 151,898 shares of the company’s stock worth $10,043,000 after acquiring an additional 137,298 shares during the period. 3.79% of the stock is currently owned by hedge funds and other institutional investors.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival and related companies with Analyst Ratings Network's FREE daily email newsletter.