Mint Tower Capital Management B.V. Raises Stock Holdings in Carnival plc (NYSE:CUK)

Mint Tower Capital Management B.V. grew its stake in shares of Carnival plc (NYSE:CUK) by 71.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,533 shares of the company’s stock after acquiring an additional 19,462 shares during the period. Mint Tower Capital Management B.V.’s holdings in Carnival were worth $2,318,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in Carnival by 8.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,288 shares of the company’s stock worth $160,000 after acquiring an additional 244 shares during the last quarter. Comerica Bank increased its stake in Carnival by 2.5% in the fourth quarter. Comerica Bank now owns 13,614 shares of the company’s stock valued at $755,000 after acquiring an additional 338 shares during the period. Bank of New York Mellon Corp increased its stake in Carnival by 5.1% in the fourth quarter. Bank of New York Mellon Corp now owns 10,984 shares of the company’s stock valued at $535,000 after acquiring an additional 530 shares during the period. Proficio Capital Partners LLC increased its stake in Carnival by 331.8% in the fourth quarter. Proficio Capital Partners LLC now owns 734 shares of the company’s stock valued at $36,000 after acquiring an additional 564 shares during the period. Finally, FNY Investment Advisers LLC increased its stake in Carnival by 300.0% in the first quarter. FNY Investment Advisers LLC now owns 1,200 shares of the company’s stock valued at $59,000 after acquiring an additional 900 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Separately, Macquarie cut shares of Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 2nd.

In other news, CEO Arnold W. Donald bought 22,050 shares of the business’s stock in a transaction on Tuesday, June 25th. The shares were bought at an average cost of $45.23 per share, for a total transaction of $997,321.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Randall J. Weisenburger acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were bought at an average price of $46.50 per share, for a total transaction of $930,000.00. The disclosure for this purchase can be found here. 0.03% of the stock is owned by corporate insiders.

Carnival stock traded up $0.41 during trading hours on Friday, hitting $44.97. 209,869 shares of the stock were exchanged, compared to its average volume of 548,767. Carnival plc has a 12 month low of $43.67 and a 12 month high of $67.00. The company has a quick ratio of 0.22, a current ratio of 0.27 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average of $48.22. The stock has a market capitalization of $9.32 billion, a PE ratio of 10.56 and a beta of 1.07.

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 24th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, May 23rd. This represents a $2.00 annualized dividend and a dividend yield of 4.45%. Carnival’s dividend payout ratio (DPR) is currently 46.95%.

Carnival Profile

Carnival plc operates as a leisure travel company in North America, Australia, Europe, and Asia. It operates in four segments: North America and Australia Cruise Operations, Europe and Asia Cruise Operations, Cruise Support, and Tour and Other. The company operates cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa, AIDA, P&O Cruises (UK), and Cunard brand names.

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Institutional Ownership by Quarter for Carnival (NYSE:CUK)

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