Royal Bank of Canada (TSE:RY) Senior Officer Graeme Ashley Hepworth Sells 308 Shares

Royal Bank of Canada (TSE:RY - Get Free Report) NYSE: RY Senior Officer Graeme Ashley Hepworth sold 308 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$161.89, for a total value of C$49,862.12.

Graeme Ashley Hepworth also recently made the following trade(s):

• On Monday, February 24th, Graeme Ashley Hepworth sold 308 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$169.67, for a total value of C$52,257.10.
• On Wednesday, January 22nd, Graeme Ashley Hepworth sold 308 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$175.12, for a total value of C$53,938.25.

Royal Bank of Canada Stock Performance

Shares of TSE RY traded down C$3.66 during trading on Friday, reaching C$160.58. The company had a trading volume of 3,935,914 shares, compared to its average volume of 4,225,376. Royal Bank of Canada has a 52 week low of C$131.57 and a 52 week high of C$180.45. The business's 50 day moving average price is C$168.40 and its 200-day moving average price is C$170.63. The stock has a market cap of C$227.22 billion, a PE ratio of 13.99, a PEG ratio of 3.42 and a beta of 0.84.

Royal Bank of Canada Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 3.69%. Royal Bank of Canada's dividend payout ratio (DPR) is presently 49.49%.

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Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Cormark decreased their price target on Royal Bank of Canada from C$194.00 to C$189.00 in a research note on Friday, February 28th. Jefferies Financial Group reduced their target price on shares of Royal Bank of Canada from C$197.00 to C$192.00 in a research note on Tuesday, February 18th. BMO Capital Markets dropped their target price on shares of Royal Bank of Canada from C$195.00 to C$193.00 in a research report on Thursday, December 5th. National Bankshares boosted their price target on shares of Royal Bank of Canada from C$181.00 to C$188.00 in a research report on Thursday, December 5th. Finally, CIBC decreased their price objective on shares of Royal Bank of Canada from C$175.00 to C$167.00 in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$181.67.

Royal Bank of Canada Company Profile

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.