Royal Bank of Canada (RY) Director Jeffery William Yabuki Acquires 300 Shares

Royal Bank of Canada (TSE:RY) (NYSE:RY) Director Jeffery William Yabuki bought 300 shares of the stock in a transaction that occurred on Thursday, November 1st. The shares were purchased at an average price of C$73.49 per share, for a total transaction of C$22,047.00.

Jeffery William Yabuki also recently made the following trade(s):

  • On Tuesday, October 2nd, Jeffery William Yabuki bought 300 shares of Royal Bank of Canada stock. The shares were purchased at an average price of C$80.53 per share, for a total transaction of C$24,159.00.
  • On Thursday, September 6th, Jeffery William Yabuki bought 300 shares of Royal Bank of Canada stock. The shares were purchased at an average price of C$78.81 per share, for a total transaction of C$23,643.00.

RY stock opened at C$95.75 on Friday. Royal Bank of Canada has a one year low of C$93.13 and a one year high of C$108.52.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its quarterly earnings data on Wednesday, August 22nd. The financial services provider reported C$2.14 EPS for the quarter, topping the Zacks’ consensus estimate of C$2.11 by C$0.03. The company had revenue of C$11.03 billion for the quarter, compared to the consensus estimate of C$10.75 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 23rd. Shareholders of record on Thursday, October 25th will be given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 4.09%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $0.94. The ex-dividend date is Wednesday, October 24th.

A number of equities analysts recently weighed in on the stock. National Bank Financial boosted their target price on shares of 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 boosted their target price on shares of Royal Bank of Canada from C$119.00 to C$122.00 in a report on Thursday, August 23rd. BMO Capital Markets boosted their target price on shares of 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 boosted their target price on shares of Royal Bank of Canada from C$109.00 to C$110.00 in a report on Thursday, August 23rd. Three equities 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 presently has a consensus rating of “Buy” and an average target price of C$111.80.

About Royal Bank of Canada

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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