Two Sigma Investments LP purchased a new position in Carnival plc (NYSE:CUK) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 189,656 shares of the company’s stock, valued at approximately $12,570,000. Two Sigma Investments LP owned approximately 0.09% of Carnival at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cutler Group LP lifted its position in shares of Carnival by 180.6% in the fourth quarter. Cutler Group LP now owns 7,000 shares of the company’s stock worth $463,000 after purchasing an additional 4,505 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Carnival in the third quarter worth approximately $1,651,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Carnival by 32.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 694,585 shares of the company’s stock worth $46,037,000 after purchasing an additional 170,788 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Carnival by 13.2% in the third quarter. Parametric Portfolio Associates LLC now owns 377,246 shares of the company’s stock worth $24,325,000 after purchasing an additional 43,985 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Carnival in the third quarter worth approximately $1,763,000. 4.43% of the stock is owned by institutional investors and hedge funds.
In related news, General Counsel Arnaldo Perez sold 15,166 shares of the stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $66.59, for a total value of $1,009,903.94. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Arnold W. Donald sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $71.66, for a total value of $573,280.00. Following the completion of the transaction, the chief executive officer now owns 102,150 shares in the company, valued at approximately $7,320,069. The disclosure for this sale can be found here. Insiders sold 301,323 shares of company stock worth $20,283,863 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.
Shares of Carnival plc (CUK) opened at $66.55 on Friday. The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 0.29. The stock has a market cap of $13,931.91, a P/E ratio of 18.54 and a beta of 0.77. Carnival plc has a 52-week low of $56.03 and a 52-week high of $72.29.
Carnival (NYSE:CUK) last posted its quarterly earnings results on Tuesday, December 19th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.16. The business had revenue of $4.26 billion during the quarter. Carnival had a net margin of 14.88% and a return on equity of 11.78%. research analysts anticipate that Carnival plc will post 4.15 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Friday, February 23rd were issued a $0.45 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 2.70%. Carnival’s dividend payout ratio is currently 50.14%.
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Carnival Company 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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