Suntrust Banks Inc. bought a new position in Carnival Corporation (NYSE:CUK) during the second quarter, according to its most recent filing with the SEC. The firm bought 46,359 shares of the company’s stock, valued at approximately $3,064,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Carnival Corporation by 29.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 32,459 shares of the company’s stock worth $2,146,000 after purchasing an additional 7,433 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Carnival Corporation by 139.7% in the 1st quarter. US Bancorp DE now owns 16,029 shares of the company’s stock worth $928,000 after purchasing an additional 9,343 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of Carnival Corporation by 87.3% in the 2nd quarter. Greenleaf Trust now owns 17,037 shares of the company’s stock worth $1,126,000 after purchasing an additional 7,943 shares in the last quarter. Capstone Asset Management Co. lifted its holdings in shares of Carnival Corporation by 2.9% in the 2nd quarter. Capstone Asset Management Co. now owns 94,495 shares of the company’s stock worth $6,248,000 after purchasing an additional 2,635 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Carnival Corporation by 0.5% in the 1st quarter. Sei Investments Co. now owns 49,805 shares of the company’s stock worth $2,883,000 after purchasing an additional 259 shares in the last quarter. Institutional investors own 3.45% of the company’s stock.

In related news, insider Alan Buckelew sold 15,000 shares of Carnival Corporation 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 sale, the insider now directly owns 150,860 shares in the company, valued at $10,110,637.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Olaf Thamm sold 12,768 shares of Carnival Corporation stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $65.89, for a total value of $841,283.52. The disclosure for this sale can be found here. Insiders have sold 42,768 shares of company stock worth $2,859,384 over the last 90 days. 0.04% of the stock is currently owned by corporate insiders.

Separately, ValuEngine upgraded Carnival Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 30th.

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Carnival Corporation (CUK) opened at 65.74 on Wednesday. Carnival Corporation has a one year low of $46.01 and a one year high of $70.56. The company has a market capitalization of $47.60 billion, a PE ratio of 17.39 and a beta of 0.69. The company has a 50 day moving average price of $68.24 and a 200-day moving average price of $63.58.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.60 annualized dividend and a dividend yield of 2.47%. Carnival Corporation’s dividend payout ratio is presently 42.55%.

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.

Institutional Ownership by Quarter for Carnival Corporation (NYSE:CUK)

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