Royal Bank of Canada (TSE:RY) (NYSE:RY) Director Jeffery William Yabuki bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were acquired at an average price of C$79.63 per share, with a total value of C$79,630.00.

Royal Bank of Canada (TSE RY) traded up C$0.48 during mid-day trading on Friday, hitting C$102.47. The company had a trading volume of 1,448,400 shares, compared to its average volume of 2,601,861. Royal Bank of Canada has a 12-month low of C$89.56 and a 12-month high of C$102.50.

The business 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 is Wednesday, January 24th. This represents a $3.64 annualized dividend and a yield of 3.55%. Royal Bank of Canada’s dividend payout ratio (DPR) is presently 46.03%.

Several research firms recently weighed in on RY. Eight Capital lifted their price objective on Royal Bank of Canada from C$105.00 to C$107.00 in a report on Thursday, November 30th. National Bank Financial decreased their price objective on Royal Bank of Canada from C$101.00 to C$99.00 and set a “sector perform” rating for the company in a report on Thursday, August 24th. Canaccord Genuity lifted their price objective on Royal Bank of Canada from C$100.00 to C$105.00 in a report on Wednesday, November 1st. Scotiabank lifted their price objective on Royal Bank of Canada from C$110.00 to C$111.00 and gave the company a “sector perform” rating in a report on Thursday, November 30th. Finally, CIBC lifted their price objective on Royal Bank of Canada from C$103.00 to C$113.00 in a report on Monday, November 13th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of C$104.67.

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About Royal Bank of Canada

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets. The Personal & Commercial Banking segment engages in the personal and business banking operations, auto financing, and retail investment businesses.

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

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