Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of C$102.51, for a total value of C$110,710.80.
Helena Gottschling also recently made the following trade(s):
- On Monday, January 22nd, Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$108.12, for a total value of C$116,769.60.
Shares of Royal Bank of Canada (TSE RY) traded up C$0.40 during mid-day trading on Friday, reaching C$102.56. The company had a trading volume of 2,413,076 shares, compared to its average volume of 2,618,084. The firm has a market cap of $149,810.00, a price-to-earnings ratio of 13.57 and a beta of 0.71. Royal Bank of Canada has a twelve month low of C$90.13 and a twelve month high of C$108.52.
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 24th. Investors of record on Wednesday, April 25th will be paid a $0.94 dividend. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $0.91. This represents a $3.76 annualized dividend and a yield of 3.67%. Royal Bank of Canada’s payout ratio is currently 46.03%.
RY has been the topic of several recent research reports. Canaccord Genuity lifted their price objective on Royal Bank of Canada from C$105.00 to C$108.00 in a report on Thursday, November 30th. CIBC lowered Royal Bank of Canada from an “outperform” rating to a “neutral” rating and lifted their price objective for the stock from C$113.00 to C$114.00 in a report on Thursday, February 1st. Citigroup lifted their price objective on Royal Bank of Canada from C$118.00 to C$120.00 in a report on Tuesday, December 12th. Eight Capital raised Royal Bank of Canada from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from C$107.00 to C$113.00 in a report on Monday, December 11th. Finally, Scotiabank lifted their price objective on Royal Bank of Canada from C$110.00 to C$111.00 and gave the stock a “sector perform” rating in a report on Thursday, November 30th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of C$108.17.
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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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