Laurel Wealth Advisors Inc. held its stake in Carnival Corporation (NYSE:CUK) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,600 shares of the company’s stock at the end of the 2nd quarter. Laurel Wealth Advisors Inc.’s holdings in Carnival Corporation were worth $304,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in CUK. Advisor Group Inc. lifted its stake in Carnival Corporation by 152.3% in the second quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock worth $114,000 after acquiring an additional 1,039 shares during the period. Huntington National Bank lifted its position in Carnival Corporation by 6.4% during the second quarter. Huntington National Bank now owns 1,926 shares of the company’s stock valued at $127,000 after buying an additional 115 shares during the period. Citigroup Inc. lifted its position in Carnival Corporation by 6.8% during the second quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock valued at $144,000 after buying an additional 139 shares during the period. Tower Research Capital LLC TRC lifted its position in Carnival Corporation by 291.8% during the second quarter. Tower Research Capital LLC TRC now owns 2,672 shares of the company’s stock valued at $177,000 after buying an additional 1,990 shares during the period. Finally, Checchi Capital Advisers LLC purchased a new position in Carnival Corporation during the second quarter valued at $216,000. 3.93% of the stock is owned by institutional investors.

Separately, ValuEngine raised Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.

In other news, insider Alan Buckelew sold 15,000 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $67.02, for a total transaction of $1,005,300.00. Following the transaction, the insider now owns 150,860 shares of the company’s stock, valued at approximately $10,110,637.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is currently owned by corporate insiders.

Shares of Carnival Corporation (CUK) traded up 0.03% during trading on Wednesday, reaching $66.92. The company’s stock had a trading volume of 65,560 shares. The company has a 50-day moving average price of $66.77 and a 200-day moving average price of $64.54. Carnival Corporation has a one year low of $46.07 and a one year high of $70.56. The stock has a market cap of $14.25 billion, a price-to-earnings ratio of 35.41 and a beta of 0.65.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Wednesday, August 23rd. Carnival Corporation’s payout ratio is 43.72%.

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Carnival Corporation 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.

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Institutional Ownership by Quarter for Carnival Corporation (NYSE:CUK)

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