9,692 Shares in Royal Bank Of Canada $RY Acquired by 111 Capital

111 Capital bought a new position in Royal Bank Of Canada (NYSE:RYFree Report) (TSE:RY) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,692 shares of the financial services provider’s stock, valued at approximately $1,428,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Royal Bank Of Canada by 33.1% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 575 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Royal Bank Of Canada by 60.9% in the first quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock worth $1,321,000 after acquiring an additional 4,460 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Royal Bank Of Canada by 57.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock valued at $695,000 after purchasing an additional 1,934 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Royal Bank Of Canada in the 2nd quarter worth about $1,131,000. Finally, Assetmark Inc. increased its position in shares of Royal Bank Of Canada by 5.4% during the second quarter. Assetmark Inc. now owns 4,161 shares of the financial services provider’s stock valued at $547,000 after buying an additional 212 shares during the period. Institutional investors own 45.31% of the company’s stock.

Royal Bank Of Canada Stock Performance

NYSE RY opened at $167.26 on Monday. The company has a 50-day simple moving average of $170.03 and a two-hundred day simple moving average of $156.08. Royal Bank Of Canada has a 12-month low of $106.10 and a 12-month high of $176.19. The firm has a market cap of $233.78 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.23 and a beta of 0.79. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.09.

Royal Bank Of Canada (NYSE:RYGet Free Report) (TSE:RY) last released its earnings results on Thursday, February 26th. The financial services provider reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The company had revenue of $13.18 billion during the quarter, compared to analyst estimates of $12.60 billion. Royal Bank Of Canada had a return on equity of 17.12% and a net margin of 15.28%.Royal Bank Of Canada’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.62 EPS. On average, equities analysts forecast that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Thursday, April 23rd will be given a $1.64 dividend. The ex-dividend date is Thursday, April 23rd. This represents a $6.56 annualized dividend and a yield of 3.9%. Royal Bank Of Canada’s payout ratio is presently 45.74%.

Key Stories Impacting Royal Bank Of Canada

Here are the key news stories impacting Royal Bank Of Canada this week:

  • Positive Sentiment: Q1 results beat expectations — RBC reported EPS of $2.94 vs. the $2.81 consensus and revenue of $13.18B (vs. $12.6B est.), driven by growth in personal banking, wealth management and capital markets; this supports the bank’s earnings outlook and valuation. Zacks: RY beats Q1 earnings
  • Positive Sentiment: Net income and revenue momentum — reporting showed ~13% net income growth and broad-based revenue strength across retail and capital markets, echoing peer-beating results for Canadian banks this quarter. Financial Post: RBC tops earnings estimates
  • Positive Sentiment: Dividend maintained and investor-friendly payout — RBC declared a quarterly dividend of $1.64 (annualized yield ~3.9%, ex-dividend April 23), which supports yield-seeking investors and long-term total-return expectations.
  • Neutral Sentiment: Earnings materials released — the company posted its Q1 earnings presentation and call materials (useful for assessing segment-level trends and management commentary). Seeking Alpha: Q1 presentation
  • Neutral Sentiment: RBC’s capital markets research remains active — the bank’s equity research is initiating and updating coverage (e.g., Eli Lilly, AbbVie), which speaks to the franchise’s research reach but has limited direct impact on RY’s near-term stock moves. InsiderMonkey: RBC initiates LLY coverage
  • Negative Sentiment: Talent attrition and trading losses in high‑yield desk — reports say at least five high‑yield analysts/traders have left after losses tied to the First Brands Group collapse, raising concerns about risk controls, P&L volatility in the corporate credit franchise and potential reputational/human‑capital costs. Financial Post: High-yield desk attrition

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Bank Of Canada in a report on Thursday, January 22nd. National Bank Financial reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Thursday, December 4th. Barclays reiterated an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Raymond James Financial reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a report on Friday, February 13th. Finally, UBS Group restated a “buy” rating on shares of Royal Bank Of Canada in a research report on Tuesday, November 25th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.00.

Read Our Latest Stock Report on Royal Bank Of Canada

Royal Bank Of Canada Company Profile

(Free Report)

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.

Further Reading

Institutional Ownership by Quarter for Royal Bank Of Canada (NYSE:RY)

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