Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock in a transaction that occurred on Monday, January 22nd. The stock was 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$0.33 on Tuesday, reaching C$108.05. The company had a trading volume of 3,140,935 shares, compared to its average volume of 2,139,611. The stock has a market cap of $156,750.00, a PE ratio of 14.29 and a beta of 0.72. Royal Bank of Canada has a twelve month low of C$90.13 and a twelve month high of C$108.52.

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, topping analysts’ consensus estimates 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 firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Thursday, January 25th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a $3.64 dividend on an annualized basis and a yield of 3.37%. Royal Bank of Canada’s dividend payout ratio is currently 46.03%.

A number of equities research analysts have weighed in on RY shares. Canaccord Genuity lifted their target price on Royal Bank of Canada from C$100.00 to C$105.00 in a report on Wednesday, November 1st. CIBC boosted their price objective on Royal Bank of Canada from C$103.00 to C$113.00 in a report on Monday, November 13th. BMO Capital Markets boosted 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 report on Thursday, November 30th. CSFB boosted 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 report on Thursday, November 30th. Finally, Desjardins boosted their price objective on Royal Bank of Canada from C$108.00 to C$109.00 in a report on Thursday, November 30th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$108.08.

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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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