S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears

Royal Bank of Canada (TSE:RY) Director David Ian Mckay Sells 4,078 Shares

Royal Bank of Canada (TSE:RY - Get Rating) (NYSE:RY) Director David Ian Mckay sold 4,078 shares of the stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of C$125.21, for a total value of C$510,585.99. Following the transaction, the director now owns 5,873 shares in the company, valued at approximately C$735,328.97.

David Ian Mckay also recently made the following trade(s):

  • On Monday, August 22nd, David Ian Mckay sold 4,078 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$127.06, for a total value of C$518,149.86.
  • On Friday, July 22nd, David Ian Mckay sold 4,078 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$124.42, for a total value of C$507,400.66.

Royal Bank of Canada Stock Down 0.5 %

Shares of RY traded down C$0.63 during midday trading on Thursday, reaching C$124.98. The company had a trading volume of 1,905,867 shares, compared to its average volume of 3,869,505. The stock has a market cap of C$173.94 billion and a PE ratio of 11.44. Royal Bank of Canada has a 1-year low of C$118.24 and a 1-year high of C$149.60. The firm has a 50 day simple moving average of C$125.13 and a 200-day simple moving average of C$129.69.

Royal Bank of Canada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 24th. Stockholders of record on Wednesday, October 26th will be issued a dividend of $1.28 per share. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend is Tuesday, October 25th. Royal Bank of Canada's dividend payout ratio is presently 43.35%.

Wall Street Analyst Weigh In


Several research firms recently commented on RY. Credit Suisse Group reduced their price objective on Royal Bank of Canada to C$143.00 and set an "outperform" rating for the company in a research note on Thursday, August 25th. TD Securities reduced their price objective on Royal Bank of Canada from C$150.00 to C$145.00 and set a "buy" rating for the company in a research note on Friday, May 27th. National Bankshares increased their price objective on Royal Bank of Canada from C$147.00 to C$148.00 and gave the company an "outperform" rating in a research note on Thursday, August 25th. Cormark increased their price objective on Royal Bank of Canada from C$147.00 to C$151.00 and gave the company a "buy" rating in a research note on Thursday, August 25th. Finally, Canaccord Genuity Group reduced their price objective on Royal Bank of Canada from C$131.50 to C$130.50 in a research note on Thursday, August 25th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$143.27.

Royal Bank of Canada Company Profile

(Get Rating)

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses.

Read More

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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