Royal Bank of Canada (RY) Insider Helena Gottschling Sells 1,080 Shares of Stock

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.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings results on Wednesday, November 29th. The financial services provider reported C$1.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$1.88 by C$0.04. Royal Bank of Canada had a return on equity of 16.63% and a net margin of 26.20%.

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.

Insider Buying and Selling by Quarter for Royal Bank of Canada (TSE:RY)

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