Mint Tower Capital Management B.V. Acquires 12,332 Shares of Carnival plc (CUK)

Mint Tower Capital Management B.V. lifted its holdings in Carnival plc (NYSE:CUK) by 176.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 19,332 shares of the company’s stock after buying an additional 12,332 shares during the quarter. Mint Tower Capital Management B.V.’s holdings in Carnival were worth $1,219,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Checchi Capital Advisers LLC bought a new stake in Carnival in the 3rd quarter valued at about $205,000. LPL Financial LLC bought a new stake in Carnival in the 1st quarter valued at about $211,000. We Are One Seven LLC bought a new stake in Carnival in the 3rd quarter valued at about $214,000. CWM LLC lifted its position in Carnival by 3,472.2% in the 3rd quarter. CWM LLC now owns 4,108 shares of the company’s stock valued at $259,000 after purchasing an additional 3,993 shares during the last quarter. Finally, Cowen Inc. bought a new stake in Carnival in the 2nd quarter valued at about $317,000. Institutional investors own 4.11% of the company’s stock.

Shares of NYSE:CUK opened at $57.47 on Friday. The stock has a market capitalization of $11.72 billion, a P/E ratio of 15.04 and a beta of 0.98. Carnival plc has a fifty-two week low of $53.09 and a fifty-two week high of $72.29. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.17 and a current ratio of 0.22.

Carnival (NYSE:CUK) last issued its quarterly earnings data on Thursday, September 27th. The company reported $2.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate 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, research analysts expect that Carnival plc will post 4.23 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 23rd will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, November 21st. This represents a $2.00 annualized dividend and a yield of 3.48%. Carnival’s payout ratio is 52.36%.

In other Carnival news, CEO Michael Olaf Thamm sold 46,290 shares of the firm’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $56.93, for a total transaction of $2,635,289.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Arnaldo Perez sold 7,000 shares of the firm’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 company insiders.

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Carnival Profile

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.

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Institutional Ownership by Quarter for Carnival (NYSE:CUK)

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