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 stock was sold at an average price of C$93.65, for a total transaction of C$501,214.80.
David Ian Mckay also recently made the following trade(s):
- On Wednesday, June 21st, David Ian Mckay sold 3,577 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$93.26, for a total transaction of C$333,591.02.
- On Friday, May 19th, David Ian Mckay sold 3,578 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$92.82, for a total transaction of C$332,109.96.
Royal Bank of Canada (RY) traded up 0.60% during trading on Monday, reaching $94.52. The company had a trading volume of 1,333,485 shares. Royal Bank of Canada has a 52-week low of $78.24 and a 52-week high of $99.90. The company has a market capitalization of $137.71 billion and a PE ratio of 12.87. The company has a 50 day moving average price of $94.24 and a 200 day moving average price of $95.11.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Investors of record on Wednesday, July 26th will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend is Monday, July 24th.
Several research firms recently weighed in on RY. 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. National Bank Financial reissued a “sector perform” rating and issued a C$99.00 price target on shares of Royal Bank of Canada in a report on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of C$95.83.
Royal Bank of Canada Company Profile
Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.
Receive News & Ratings for Royal Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Canada and related companies with MarketBeat.com's FREE daily email newsletter.
