Jennifer Anne Tory Sells 359 Shares of Royal Bank of Canada (RY) Stock

Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Anne Tory sold 359 shares of the firm’s stock in a transaction on Friday, September 22nd. The stock was 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 stock was 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 stock was 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) traded down 0.08% on Tuesday, hitting $94.37. The company’s stock had a trading volume of 756,223 shares. Royal Bank of Canada has a 52 week low of $80.35 and a 52 week high of $99.90. The firm has a market cap of $137.59 billion and a price-to-earnings ratio of 12.89. The stock’s 50-day moving average price is $92.59 and its 200-day moving average price is $94.32.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be issued a dividend of $0.91 per share. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $0.87. This represents a $3.64 annualized dividend and a dividend yield of 3.86%.

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RY has been the subject of several research reports. Scotiabank cut Royal Bank of Canada from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from C$102.00 to C$100.00 in a research report on Monday, August 21st. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$100.00 target price on shares of Royal Bank of Canada in a research report on Thursday, August 24th. National Bank Financial reduced their target price on Royal Bank of Canada from C$101.00 to C$99.00 and set a “sector perform” rating for the company in a research report on Thursday, August 24th. Barclays PLC raised their target price on Royal Bank of Canada from C$94.20 to C$96.00 in a research report on Friday, August 25th. Finally, Eight Capital raised their target price on Royal Bank of Canada from C$102.00 to C$105.00 in a research report on Friday, August 25th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Royal Bank of Canada has an average rating of “Hold” and a consensus 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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