Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Carnival Corporation (NYSE:CUK – Free Report) by 225.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218,827 shares of the company’s stock after purchasing an additional 151,673 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Carnival were worth $5,786,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of CUK. Raymond James Financial Inc. acquired a new position in shares of Carnival during the 2nd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. grew its stake in Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after acquiring an additional 729 shares during the period. Tower Research Capital LLC TRC increased its holdings in Carnival by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company’s stock worth $43,000 after acquiring an additional 688 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in Carnival in the 2nd quarter worth $44,000. Finally, Osaic Holdings Inc. raised its position in Carnival by 36.5% during the second quarter. Osaic Holdings Inc. now owns 1,717 shares of the company’s stock worth $44,000 after acquiring an additional 459 shares during the period. 23.80% of the stock is owned by institutional investors and hedge funds.
Carnival Trading Up 0.5%
Shares of CUK stock opened at $28.53 on Tuesday. Carnival Corporation has a fifty-two week low of $13.65 and a fifty-two week high of $32.65. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The stock’s fifty day moving average is $27.52 and its two-hundred day moving average is $27.11. The firm has a market capitalization of $5.38 billion, a P/E ratio of 14.27 and a beta of 2.54.
Carnival Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%.
Wall Street Analysts Forecast Growth
CUK has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research report on Monday, December 29th. Zacks Research raised shares of Carnival to a “hold” rating in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.
Get Our Latest Research Report on Carnival
Carnival Profile
Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.
Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.
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