Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 359 shares of Royal Bank of Canada stock in a transaction on Friday, September 22nd. The shares were sold at an average price of C$94.31, for a total value of C$33,857.29.

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

  • 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.
  • On Monday, July 24th, Jennifer Anne Tory sold 360 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$93.63, for a total value of C$33,706.80.

Shares of Royal Bank of Canada (RY) opened at 95.44 on Thursday. The stock has a 50 day moving average price of $92.59 and a 200-day moving average price of $94.32. Royal Bank of Canada has a 1-year low of $80.35 and a 1-year high of $99.90. The company has a market cap of $139.15 billion and a P/E ratio of 13.04.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Thursday, October 26th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 3.83%. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $0.87.

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Several analysts have weighed in on the company. National Bank Financial cut their target price 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 note on Thursday, August 24th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$100.00 target price on shares of Royal Bank of Canada in a research note on Thursday, August 24th. Eight Capital lifted their target price on Royal Bank of Canada from C$102.00 to C$105.00 in a research note on Friday, August 25th. Barclays PLC lifted their target price on Royal Bank of Canada from C$94.20 to C$96.00 in a research note on Friday, August 25th. Finally, Scotiabank downgraded Royal Bank of Canada from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$102.00 to C$100.00 in a research note on Monday, August 21st. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of C$99.75.

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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