Helena Gottschling Sells 1,080 Shares of Royal Bank of Canada (RY) Stock

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.

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

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