Carnival Corporation (NYSE:CCL) CEO Arnold W. Donald sold 5,000 shares of Carnival Corporation stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $65.43, for a total transaction of $327,150.00. Following the transaction, the chief executive officer now directly owns 115,572 shares of the company’s stock, valued at $7,561,875.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Arnold W. Donald also recently made the following trade(s):

  • On Monday, October 16th, Arnold W. Donald sold 90,903 shares of Carnival Corporation stock. The shares were sold at an average price of $67.41, for a total transaction of $6,127,771.23.

Carnival Corporation (CCL) opened at $66.38 on Wednesday. The company has a market capitalization of $35,188.35, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 1.34 and a beta of 0.75. Carnival Corporation has a 12 month low of $48.36 and a 12 month high of $69.89. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.21 and a quick ratio of 0.16.

Carnival Corporation (NYSE:CCL) last issued its quarterly earnings data on Tuesday, September 26th. The company reported $2.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.20 by $0.09. The firm had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.39 billion. Carnival Corporation had a return on equity of 12.15% and a net margin of 15.53%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $1.92 EPS. equities analysts predict that Carnival Corporation will post 3.7 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This is a positive change from Carnival Corporation’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 2.71%. Carnival Corporation’s payout ratio is currently 43.72%.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its position in shares of Carnival Corporation by 2,540.0% during the third quarter. Assenagon Asset Management S.A. now owns 263,997 shares of the company’s stock valued at $17,046,000 after purchasing an additional 253,997 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of Carnival Corporation by 4.3% during the second quarter. Prudential Financial Inc. now owns 669,634 shares of the company’s stock valued at $43,908,000 after purchasing an additional 27,330 shares in the last quarter. Homrich & Berg bought a new stake in shares of Carnival Corporation during the second quarter valued at approximately $272,000. Covenant Multifamily Offices LLC boosted its position in shares of Carnival Corporation by 2.4% during the second quarter. Covenant Multifamily Offices LLC now owns 39,931 shares of the company’s stock valued at $2,618,000 after purchasing an additional 929 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Carnival Corporation by 14.7% during the second quarter. Victory Capital Management Inc. now owns 34,549 shares of the company’s stock valued at $2,265,000 after purchasing an additional 4,422 shares in the last quarter. Institutional investors own 77.96% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Nomura reissued a “buy” rating and issued a $75.00 target price on shares of Carnival Corporation in a research report on Friday, September 29th. Instinet reissued a “buy” rating and issued a $75.00 target price on shares of Carnival Corporation in a research report on Monday, October 2nd. Argus reissued a “neutral” rating and issued a $67.00 target price (down previously from $78.00) on shares of Carnival Corporation in a research report on Thursday, September 28th. Credit Suisse Group reissued a “neutral” rating on shares of Carnival Corporation in a research report on Thursday, September 28th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $79.00 target price (up previously from $74.00) on shares of Carnival Corporation in a research report on Wednesday, September 27th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $67.43.

Carnival Corporation Company Profile

Carnival Corporation is a leisure travel company. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world. The Company operates in four segments: North America, EAA, Cruise Support and, Tour and Other. The Company’s North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess) and Seabourn.

Insider Buying and Selling by Quarter for Carnival Corporation (NYSE:CCL)

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