Royal Bank Of Canada $RY Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc trimmed its position in Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 19.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,018 shares of the financial services provider’s stock after selling 3,488 shares during the period. Prospera Financial Services Inc’s holdings in Royal Bank Of Canada were worth $2,066,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in Royal Bank Of Canada during the third quarter worth $29,000. True Wealth Design LLC acquired a new stake in shares of Royal Bank Of Canada during the third quarter worth $31,000. Atlantic Union Bankshares Corp bought a new position in shares of Royal Bank Of Canada in the 3rd quarter worth about $38,000. CoreCap Advisors LLC lifted its position in shares of Royal Bank Of Canada by 103.8% in the 3rd quarter. CoreCap Advisors LLC now owns 271 shares of the financial services provider’s stock worth $40,000 after buying an additional 138 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Royal Bank Of Canada in the 2nd quarter valued at about $51,000. 45.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Friday, January 9th. National Bank Financial reissued an “outperform” rating on shares of Royal Bank Of Canada in a report on Thursday, December 4th. Raymond James Financial began coverage on Royal Bank Of Canada in a research note on Monday, November 24th. They set a “moderate buy” rating for the company. Finally, UBS Group reiterated a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Royal Bank Of Canada currently has an average rating of “Moderate Buy” and a consensus target price of $162.00.

Royal Bank Of Canada Stock Performance

Shares of NYSE RY opened at $169.28 on Friday. Royal Bank Of Canada has a 12-month low of $106.10 and a 12-month high of $176.19. The company has a market cap of $236.58 billion, a PE ratio of 16.88, a P/E/G ratio of 1.22 and a beta of 0.79. The stock has a 50 day simple moving average of $168.99 and a 200-day simple moving average of $152.76. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 EPS for the quarter, beating the consensus estimate of $2.51 by $0.25. Royal Bank Of Canada had a return on equity of 16.83% and a net margin of 14.83%.The firm had revenue of $12.27 billion for the quarter, compared to analysts’ expectations of $12.12 billion. During the same period last year, the firm earned $3.07 EPS. The firm’s revenue was up 14.2% compared to the same quarter last year. On average, equities research analysts forecast that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Monday, January 26th will be paid a dividend of $1.64 per share. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.54. This represents a $6.56 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, January 26th. Royal Bank Of Canada’s dividend payout ratio (DPR) is presently 47.66%.

Key Stories Impacting Royal Bank Of Canada

Here are the key news stories impacting Royal Bank Of Canada this week:

• Positive Sentiment: TD Cowen reaffirmed its Buy rating on RY, reinforcing analyst confidence in the bank’s outlook. TD Cowen Sticks to Its Buy Rating for Royal Bank Of Canada (RY)
• Positive Sentiment: Desjardins also reaffirmed its Buy rating on RY, another vote of confidence from Canadian brokers. Desjardins Reaffirms Their Buy Rating on Royal Bank Of Canada (RY)
• Positive Sentiment: Investors’ Business Daily highlighted RY as its “Stock of the Day,” noting a technical breakout after a strong 2025 — positive for investor sentiment and flows. Royal Bank Of Canada, IBD Stock Of The Day, Breaking Out After Strong 2025
• Neutral Sentiment: RBC-managed ETFs announced a batch of monthly dividends across several strategies (Canadian equity, U.S. dividend, European dividend, preferred share and CLO ETFs). These are routine distributions for RBC’s asset-management business and support fee recurrence but are unlikely to move RY shares materially on their own. RBC Quant European Dividend Leaders Hedged ETF declares CAD 0.085 dividend
• Neutral Sentiment: A Reuters/Yahoo report noted RBC Capital raised a price target on nVent — this reflects RBC’s analyst activity, not the bank’s fundamentals, and is unlikely to directly affect RY’s share price. nVent Electric price target raised to $138 from $136 at RBC Capital
• Neutral Sentiment: A press item about Tribeca Resources advancing copper exploration is unrelated to Royal Bank and has no direct bearing on RY shares. Tribeca Resources Advances Chilean Copper Exploration, Prepares New Drilling Phase

Royal Bank Of Canada Company Profile

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.