Carnival plc (CUK) CEO Sells $2,635,289.70 in Stock

Carnival plc (NYSE:CUK) CEO Michael Olaf Thamm sold 46,290 shares of the company’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $56.93, for a total transaction of $2,635,289.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of NYSE:CUK traded up $0.43 during trading on Friday, hitting $57.90. The company’s stock had a trading volume of 280,622 shares, compared to its average volume of 301,594. Carnival plc has a 12 month low of $53.09 and a 12 month high of $72.29. The company has a quick ratio of 0.17, a current ratio of 0.22 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $12.01 billion, a PE ratio of 13.83 and a beta of 0.98.

Carnival (NYSE:CUK) last issued its quarterly earnings data on Thursday, September 27th. The company reported $2.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.27 by $0.09. The firm had revenue of $5.84 billion for the quarter. Carnival had a net margin of 17.15% and a return on equity of 12.30%. Analysts expect that Carnival plc will post 4.23 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 23rd will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, November 21st. Carnival’s dividend payout ratio is 52.36%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Aperio Group LLC increased its holdings in Carnival by 3.4% in the 3rd quarter. Aperio Group LLC now owns 1,327,449 shares of the company’s stock worth $83,735,000 after acquiring an additional 44,012 shares in the last quarter. Eagle Asset Management Inc. increased its holdings in Carnival by 9,279.7% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,257,257 shares of the company’s stock worth $526,850,000 after acquiring an additional 1,243,853 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Carnival by 5.7% during the 2nd quarter. Renaissance Technologies LLC now owns 657,600 shares of the company’s stock valued at $37,911,000 after buying an additional 35,665 shares in the last quarter. Northern Trust Corp grew its holdings in Carnival by 62.2% during the 2nd quarter. Northern Trust Corp now owns 423,848 shares of the company’s stock valued at $24,435,000 after buying an additional 162,583 shares in the last quarter. Finally, Todd Asset Management LLC grew its holdings in Carnival by 0.3% during the 3rd quarter. Todd Asset Management LLC now owns 385,574 shares of the company’s stock valued at $24,322,000 after buying an additional 1,188 shares in the last quarter. 4.11% of the stock is owned by institutional investors.

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About Carnival

Carnival plc operates as a leisure travel and cruise company. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia.

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Insider Buying and Selling by Quarter for Carnival (NYSE:CUK)

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