Carnival PLC (NYSE:CUK) saw an uptick in trading volume on Tuesday . 690,944 shares changed hands during mid-day trading, an increase of 62% from the previous session’s volume of 427,643 shares.The stock last traded at $46.77 and had previously closed at $47.98.

Separately, Zacks Investment Research downgraded Carnival PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.

The firm has a market cap of $35.16 billion and a price-to-earnings ratio of 16.26. The company’s 50 day moving average is $46.74 and its 200 day moving average is $49.33.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Friday, August 26th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.40 annualized dividend and a dividend yield of 3.00%.

In other news, CEO Michael Olaf Thamm sold 9,590 shares of Carnival PLC stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of GBX 49.58 ($0.65), for a total transaction of £4,754.72 ($6,278.52). Following the completion of the sale, the chief executive officer now owns 52,721 shares of the company’s stock, valued at £26,139.07 ($34,516.14). The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

An institutional investor recently raised its position in Carnival PLC stock. Bank of Montreal Can increased its stake in shares of Carnival PLC (NYSE:CUK) by 7,092.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,689 shares of the company’s stock after buying an additional 37,165 shares during the period. Bank of Montreal Can’s holdings in Carnival PLC were worth $2,145,000 as of its most recent SEC filing.

Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, and Australia & Asia (EAA). Its North America segment includes Carnival Cruise Lines, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (United Kingdom), P&O Cruises (Australia) and Cunard.

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