OTTAWA: Royal Bank of Canada (TSE:RY) (NYSE:RY) Director David Ian Mckay sold 5,352 shares of the company’s stock in a transaction dated Monday, July 24th. The fund owned 86,711 shares of the financial services provider’s stock after selling 5,860 shares during the period. On Friday, May 19th, David Ian Mckay sold 3,578 shares of Royal Bank of Canada stock. Lincluden Management Ltd. owned approximately 0.09% of Royal Bank Of Canada worth $121,961,000 at the end of the most recent quarter. RFG Advisory Group LLC purchased a new position in shares of Royal Bank Of Canada during the second quarter valued at about $201,000. AXA increased its stake in shares of Royal Bank Of Canada by 8.5% in the first quarter. Virginia Retirement Systems ET AL has an ownership of 430,700 stocks of the financial services provider’s shares valued at $31,227,000 after scooping up an extra 230,400 shares through out the previous quarter, 45.67% of the shares is owned by large funds. Trust Department MB Financial Bank N A boosted its stake in Royal Bank Of Canada by 1.1% in the first quarter.
Proficio Capital Partners LLC raised its stake in Royal Bank Of Canada by 125.3% in the first quarter. Proficio Capital Partners LLC now owns 2,098 shares of the financial services provider’s stock worth $145,000 after buying an additional 1,167 shares in the last quarter. Finally, Jolley Asset Management LLC raised its stake in Royal Bank Of Canada by 1.0% in the second quarter. Royal Bank Of Canada (RY) traded down 0.33% during mid-day trading on Monday, reaching $74.49. The firm has a market capitalization of $137.71 billion and a price-to-earnings ratio of 12.87. The value of the investment in Royal Bank Of Canada decreased from $151,621,000 to $151,537,000 a change of 0.1% since the last quarter.
As of the last earnings report the EPS was $5.83 and is expected to be $5.90 for the current year with 1,456,896,000 shares presently outstanding. BidaskClub boosted Royal Bank Of Canada from a strong sell recommendation to a sell recommendation in a note on Fri, Jun 30th. The firm had revenue of $7.75 billion during the quarter, compared to analyst estimates of $6.88 billion. During the same period in the prior year, the business earned $1.66 earnings per share. Additionally Royal Bank Of Canada recently declared a dividend for shareholders which will be paid on Thursday the 24th of August 2017. Investors of record on Wednesday, July 26th will be issued a $0.6439 dividend. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a $2.58 dividend on an annualized basis and a yield of 3.45%. Royal Bank Of Canada’s dividend payout ratio is 49.36%. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright law.
The correct version of this piece of content can be read at https://www.baseball-news-blog.com/2017/08/08/royal-bank-of-canada-tsery-director-david-ian-mckay-sells-5352-shares-updated.html. COPYRIGHT VIOLATION WARNING: “Royal Bank of Canada (TSE:RY) Insider Jennifer Anne Tory Sells 360 Shares” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. Canaccord Genuity assumed coverage on Royal Bank Of Canada in a report on Tuesday, July 18th. The rating was downgraded by Zacks to “Hold” on Saturday, August 22. Scotiabank upped their price objective on shares of Royal Bank of Canada from C$101.00 to C$102.00 and gave the stock an “outperform” rating in a report on Friday, May 26th. August 25 investment analysts at Argus Research held the stock rating at “Buy” but moved up the price target from $69.00 to $73.00. The company now has a consensus rating of “Hold” and a consensus price target of $85.75. National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada, the United States, Europe, and internationally. Tetrem Capital Management Ltd who had been investing in Royal Bk Cda Montreal Que for a number of months, seems to be less bullish one the $109.20 billion market cap company. The corporation serves personal, firm, public sector and institutional investors in Canada, the United States and roughly 40 other countries.