Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,080 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of C$102.51, for a total value of C$110,710.80.
Helena Gottschling also recently made the following trade(s):
- On Monday, January 22nd, Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$108.12, for a total value of C$116,769.60.
Shares of Royal Bank of Canada (TSE:RY) traded up C$0.40 on Friday, reaching C$102.56. The company’s stock had a trading volume of 2,413,076 shares, compared to its average volume of 2,618,084. Royal Bank of Canada has a 52-week low of C$90.13 and a 52-week high of C$108.52. The company has a market cap of $149,810.00, a P/E ratio of 13.57 and a beta of 0.71.
Royal Bank of Canada (TSE:RY) (NYSE:RY) last issued its quarterly earnings data on Wednesday, November 29th. The financial services provider reported C$1.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$1.88 by C$0.04. Royal Bank of Canada had a return on equity of 16.63% and a net margin of 26.20%.
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 24th. Stockholders of record on Wednesday, April 25th will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 3.67%. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $0.91. Royal Bank of Canada’s payout ratio is presently 46.03%.
Several equities analysts have issued reports on the company. Eight Capital upgraded Royal Bank of Canada from a “neutral” rating to a “buy” rating and lifted their price objective for the company from C$107.00 to C$113.00 in a research report on Monday, December 11th. Desjardins lifted their price objective on Royal Bank of Canada from C$108.00 to C$109.00 in a research report on Thursday, November 30th. CSFB lifted their price objective on Royal Bank of Canada from C$105.00 to C$108.00 and gave the company an “outperform” rating in a research report on Thursday, November 30th. BMO Capital Markets lifted their price objective on Royal Bank of Canada from C$100.00 to C$102.00 and gave the company a “market perform” rating in a research report on Thursday, November 30th. Finally, CIBC lifted their price objective on Royal Bank of Canada from C$103.00 to C$113.00 in a research report on Monday, November 13th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of C$108.17.
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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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