Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,079 shares of the firm’s stock in a transaction dated Monday, October 22nd. The shares were sold at an average price of C$98.31, for a total value of C$106,076.49.

Helena Gottschling also recently made the following trade(s):

  • On Monday, September 24th, Helena Gottschling sold 1,079 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$104.05, for a total value of C$112,269.95.
  • On Wednesday, August 22nd, Helena Gottschling sold 1,079 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$103.48, for a total value of C$111,654.92.

RY stock opened at C$94.60 on Thursday. Royal Bank of Canada has a 52-week low of C$94.53 and a 52-week high of C$108.52.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings data on Wednesday, August 22nd. The financial services provider reported C$2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of C$2.11 by C$0.03. Royal Bank of Canada had a return on equity of 16.49% and a net margin of 26.17%. The company had revenue of C$11.03 billion for the quarter, compared to the consensus estimate of C$10.75 billion.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 23rd. Shareholders of record on Thursday, October 25th will be issued a dividend of $0.98 per share. The ex-dividend date of this dividend is Wednesday, October 24th. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $0.94. This represents a $3.92 annualized dividend and a yield of 4.14%.

RY has been the topic of several analyst reports. National Bank Financial lifted their price objective on Royal Bank of Canada from C$109.00 to C$111.00 and gave the stock an “outperform” rating in a report on Thursday, August 23rd. Eight Capital lifted their price objective on Royal Bank of Canada from C$119.00 to C$122.00 in a report on Thursday, August 23rd. BMO Capital Markets lifted their price objective on Royal Bank of Canada from C$106.00 to C$110.00 and gave the stock a “market perform” rating in a report on Thursday, August 23rd. Finally, CIBC lifted their price objective on Royal Bank of Canada from C$109.00 to C$110.00 in a report on Thursday, August 23rd. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$111.80.

Royal Bank of Canada Company Profile

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. This segment also provides a suite of financial products and services to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.

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

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