Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 344 shares of the company’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of C$101.55, for a total value of C$34,933.20.

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

  • On Friday, September 22nd, Jennifer Anne Tory sold 359 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$94.31, for a total value of C$33,857.29.
  • On Tuesday, August 22nd, Jennifer Anne Tory sold 364 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$91.78, for a total value of C$33,407.92.

Shares of Royal Bank of Canada (TSE:RY) traded up 0.64% during midday trading on Tuesday, hitting $102.07. The company’s stock had a trading volume of 2,077,155 shares. Royal Bank of Canada has a 12-month low of $81.82 and a 12-month high of $102.15. The firm has a 50-day moving average of $95.66 and a 200 day moving average of $94.37. The firm has a market cap of $148.81 billion and a price-to-earnings ratio of 13.94.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be paid a $0.91 dividend. The ex-dividend date is Wednesday, October 25th. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $0.87. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.59%.

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RY has been the topic of several research analyst reports. Eight Capital upped their price objective on Royal Bank of Canada from C$102.00 to C$105.00 in a research report on Friday, August 25th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$100.00 price objective on shares of Royal Bank of Canada in a research report on Thursday, August 24th. Barclays PLC upped their price objective on Royal Bank of Canada from C$94.20 to C$96.00 in a research report on Friday, August 25th. National Bank Financial cut their price objective on Royal Bank of Canada from C$101.00 to C$99.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 24th. Finally, Scotiabank downgraded Royal Bank of Canada from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$102.00 to C$100.00 in a research report on Monday, August 21st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of C$99.75.

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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