Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 364 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of C$91.78, for a total transaction of C$33,407.92.
Jennifer Anne Tory also recently made the following trade(s):
- On Monday, July 24th, Jennifer Anne Tory sold 360 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$93.63, for a total transaction of C$33,706.80.
- On Wednesday, June 21st, Jennifer Anne Tory sold 361 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$93.20, for a total transaction of C$33,645.20.
Royal Bank of Canada (RY) traded up 0.40% on Friday, reaching $93.29. 445,361 shares of the company were exchanged. Royal Bank of Canada has a 12-month low of $79.75 and a 12-month high of $99.90. The stock has a 50 day moving average of $93.85 and a 200 day moving average of $95.02. The firm has a market capitalization of $136.01 billion and a PE ratio of 12.74.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.92%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $0.87.
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A number of research firms have recently weighed in on RY. National Bank Financial restated a “sector perform” rating and set a C$99.00 price target on shares of Royal Bank of Canada in a report on Friday, May 26th. Scotiabank raised their price target on shares of Royal Bank of Canada from C$101.00 to C$102.00 and gave the company an “outperform” rating in a report on Friday, May 26th. Finally, BMO Capital Markets restated a “market perform” rating and set a C$100.00 price target on shares of Royal Bank of Canada in a report on Thursday. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Royal Bank of Canada presently has a consensus rating of “Hold” and an average target price of C$96.33.
About Royal Bank of Canada
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.
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