Crossmark Global Holdings Inc. increased its stake in shares of Carnival plc (NYSE:CUK) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,441 shares of the company’s stock after buying an additional 4,667 shares during the period. Crossmark Global Holdings Inc.’s holdings in Carnival were worth $6,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in CUK. Eagle Asset Management Inc. boosted its holdings in Carnival by 9,279.7% during the third quarter. Eagle Asset Management Inc. now owns 1,257,257 shares of the company’s stock worth $526,850,000 after buying an additional 1,243,853 shares in the last quarter. Natixis purchased a new stake in Carnival during the second quarter worth about $9,933,000. Northern Trust Corp boosted its holdings in Carnival by 62.2% during the second quarter. Northern Trust Corp now owns 423,848 shares of the company’s stock worth $24,435,000 after buying an additional 162,583 shares in the last quarter. Sei Investments Co. boosted its holdings in Carnival by 450.0% during the second quarter. Sei Investments Co. now owns 107,797 shares of the company’s stock worth $6,213,000 after buying an additional 88,197 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Carnival by 18,569.9% during the third quarter. JPMorgan Chase & Co. now owns 78,227 shares of the company’s stock worth $4,935,000 after buying an additional 77,808 shares in the last quarter. 4.70% of the stock is currently owned by hedge funds and other institutional investors.

In other Carnival news, 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 value of $2,635,289.70. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Arnaldo Perez sold 7,000 shares of the company’s stock in a transaction dated Monday, October 1st. The shares were sold at an average price of $64.26, for a total transaction of $449,820.00. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

CUK stock opened at $58.27 on Tuesday. The stock has a market cap of $12.28 billion, a P/E ratio of 15.25 and a beta of 0.98. Carnival plc has a 52 week low of $53.09 and a 52 week high of $72.29. The company has a current ratio of 0.22, a quick ratio of 0.17 and a debt-to-equity ratio of 0.34.

Carnival (NYSE:CUK) last released its quarterly earnings data on Thursday, September 27th. The company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates 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%. On average, equities analysts predict that Carnival plc will post 4.23 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 23rd will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Wednesday, November 21st. Carnival’s dividend payout ratio is currently 52.36%.

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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.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

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Institutional Ownership by Quarter for Carnival (NYSE:CUK)

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