Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 364 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was 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 stock was 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 stock was sold at an average price of C$93.20, for a total transaction of C$33,645.20.

Shares of Royal Bank of Canada (TSE:RY) traded up 1.65% during midday trading on Wednesday, hitting $93.53. 1,399,246 shares of the stock were exchanged. The firm has a 50-day moving average of $94.00 and a 200-day moving average of $95.07. The company has a market capitalization of $136.26 billion and a P/E ratio of 12.73. Royal Bank of Canada has a 1-year low of $79.75 and a 1-year high of $99.90.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Thursday, October 26th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 3.96%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $0.87.

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A number of equities analysts have commented on RY shares. Scotiabank boosted their price target on shares of Royal Bank of Canada from C$101.00 to C$102.00 and gave the stock an “outperform” rating in a research note on Friday, May 26th. National Bank Financial reissued a “sector perform” rating and issued a C$99.00 price target on shares of Royal Bank of Canada in a research note on Friday, May 26th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of C$95.67.

Royal Bank of Canada Company Profile

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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