Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 362 shares of the business’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of C$92.87, for a total transaction of C$33,618.94.

Jennifer Anne Tory also recently made the following trade(s):

  • On Monday, April 24th, Jennifer Anne Tory sold 355 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$95.98, for a total transaction of C$34,072.90.
  • On Tuesday, March 21st, Jennifer Anne Tory sold 353 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$96.66, for a total transaction of C$34,120.98.
  • On Wednesday, February 22nd, Jennifer Anne Tory sold 349 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$98.70, for a total transaction of C$34,446.30.

Royal Bank of Canada (TSE:RY) traded up 0.49% during mid-day trading on Tuesday, hitting $93.48. 1,123,171 shares of the company were exchanged. The company has a 50 day moving average of $94.70 and a 200 day moving average of $93.28. Royal Bank of Canada has a 12-month low of $74.64 and a 12-month high of $99.90. The stock has a market cap of $137.91 billion and a P/E ratio of 13.05.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 24th. Shareholders of record on Tuesday, April 25th will be issued a dividend of $0.87 per share. The ex-dividend date is Friday, April 21st. This represents a $3.48 dividend on an annualized basis and a yield of 3.74%. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $0.83.

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A number of research analysts have issued reports on RY shares. National Bank Financial reissued a “sector perform” rating on shares of Royal Bank of Canada in a research note on Monday, February 20th. CIBC boosted their target price on shares of Royal Bank of Canada from C$98.00 to C$99.00 in a research note on Wednesday, February 15th. TD Securities reissued a “buy” rating and set a C$105.00 target price on shares of Royal Bank of Canada in a research note on Monday, February 27th. Scotiabank upped their price target on shares of Royal Bank of Canada from C$102.00 to C$104.00 and gave the stock an “outperform” rating in a research note on Monday, February 27th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Royal Bank of Canada from C$92.00 to C$99.00 and gave the stock a “market perform” rating in a research note on Monday, February 27th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of C$94.23.

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.

12 Month Chart for TSE:RY

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