Carnival Corporation (CUK) CEO Arnold W. Donald Sells 5,000 Shares
Carnival Corporation (NYSE:CUK) CEO Arnold W. Donald sold 5,000 shares of Carnival stock in a transaction on Friday, December 1st. The shares were sold at an average price of $65.57, for a total value of $327,850.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Arnold W. Donald also recently made the following trade(s):
- On Monday, October 16th, Arnold W. Donald sold 90,903 shares of Carnival stock. The shares were sold at an average price of $67.41, for a total value of $6,127,771.23.
Shares of Carnival Corporation (CUK) traded down $1.08 during trading hours on Wednesday, hitting $66.12. The stock had a trading volume of 273,000 shares, compared to its average volume of 296,821. Carnival Corporation has a twelve month low of $50.35 and a twelve month high of $70.56. The stock has a market cap of $14,198.15, a P/E ratio of 17.41 and a beta of 0.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.21 and a quick ratio of 0.16.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This is an increase from Carnival’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.72%. Carnival’s dividend payout ratio (DPR) is currently 49.18%.
Large investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Carnival by 29.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 32,459 shares of the company’s stock valued at $2,146,000 after acquiring an additional 7,433 shares during the period. Crossmark Global Holdings Inc. purchased a new position in shares of Carnival in the 3rd quarter valued at $6,115,000. Strategic Global Advisors LLC purchased a new position in shares of Carnival in the 2nd quarter valued at $272,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Carnival in the 3rd quarter valued at $1,651,000. Finally, Stifel Financial Corp increased its holdings in shares of Carnival by 55.7% in the 2nd quarter. Stifel Financial Corp now owns 44,694 shares of the company’s stock valued at $2,959,000 after acquiring an additional 15,983 shares during the period. Institutional investors and hedge funds own 3.78% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at https://theolympiareport.com/2017/12/06/carnival-corporation-cuk-ceo-arnold-w-donald-sells-5000-shares.html.
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.
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.