Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Alex Douglas Mcgregor sold 7,403 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$101.73, for a total transaction of C$753,107.19.

Alex Douglas Mcgregor also recently made the following trade(s):

  • On Tuesday, September 19th, Alex Douglas Mcgregor sold 10,000 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$93.10, for a total transaction of C$931,000.00.

Royal Bank of Canada (TSE RY) traded down C$0.37 during trading on Tuesday, reaching C$100.94. 1,830,389 shares of the company’s stock were exchanged, compared to its average volume of 2,613,185. Royal Bank of Canada has a 52 week low of C$87.70 and a 52 week high of C$102.15.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Thursday, January 25th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a $3.64 dividend on an annualized basis and a yield of 3.61%. Royal Bank of Canada’s payout ratio is presently 47.54%.

RY has been the topic of a number of research analyst reports. Scotiabank lowered shares of Royal Bank of Canada from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$102.00 to C$100.00 in a report on Monday, August 21st. BMO Capital Markets reissued a “market perform” rating and set a C$100.00 price objective on shares of Royal Bank of Canada in a report on Thursday, August 24th. National Bank Financial cut their target price on shares of 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. Barclays upped their target price on shares of Royal Bank of Canada from C$94.20 to C$96.00 in a research report on Friday, August 25th. Finally, Eight Capital upped their target price on shares of Royal Bank of Canada from C$102.00 to C$105.00 in a research report on Friday, August 25th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of C$104.67.

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Royal Bank of Canada Company Profile

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets. The Personal & Commercial Banking segment engages in the personal and business banking operations, auto financing, and retail investment businesses.

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

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