Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 361 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of C$93.20, for a total transaction of C$33,645.20.

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

  • On Friday, May 19th, Jennifer Anne Tory sold 362 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$92.87, for a total transaction of C$33,618.94.
  • 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.

Royal Bank of Canada (TSE RY) traded up 0.73% during midday trading on Friday, reaching $94.71. 785,487 shares of the company’s stock traded hands. The firm’s 50-day moving average is $93.42 and its 200-day moving average is $94.55. Royal Bank of Canada has a 1-year low of $74.64 and a 1-year high of $99.90. The company has a market capitalization of $137.98 billion and a price-to-earnings ratio of 12.89.

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

The company also recently disclosed 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 annualized dividend and a yield of 3.70%.

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Several equities analysts recently commented on RY shares. Scotiabank upped 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. CIBC upgraded shares of Royal Bank of Canada from an “underperform” rating to a “market perform” rating in a report on Monday, February 27th. TD Securities reiterated a “buy” rating and set a C$105.00 price target on shares of Royal Bank of Canada in a report on Monday, February 27th. 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 company a “market perform” rating in a report on Monday, February 27th. Finally, National Bank Financial reiterated 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. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of C$95.83.

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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