Royal Bank of Canada (RY) : Gulf International Bank (uk) Ltd scooped up 4,600 additional shares in Royal Bank of Canada during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 453,939 shares of Royal Bank of Canada which is valued at $28,425,660.Royal Bank of Canada makes up approximately 0.47% of Gulf International Bank (uk) Ltd’s portfolio.
Other Hedge Funds, Including , Alta Capital Management boosted its stake in RY in the latest quarter, The investment management firm added 1,379 additional shares and now holds a total of 21,691 shares of Royal Bank of Canada which is valued at $1,358,290. Royal Bank of Canada makes up approx 0.09% of Alta Capital Management’s portfolio.Creative Planning reduced its stake in RY by selling 45,100 shares or 27.95% in the most recent quarter. The Hedge Fund company now holds 116,242 shares of RY which is valued at $7,201,192. Royal Bank of Canada makes up approx 0.05% of Creative Planning’s portfolio.Cardinal Capital Management reduced its stake in RY by selling 18,186 shares or 1.98% in the most recent quarter. The Hedge Fund company now holds 900,891 shares of RY which is valued at $55,792,180. Royal Bank of Canada makes up approx 6.33% of Cardinal Capital Management’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in RY in the latest quarter, The investment management firm added 58,810 additional shares and now holds a total of 84,118 shares of Royal Bank of Canada which is valued at $5,209,428. Royal Bank of Canada makes up approx 0.96% of Franklin Street Advisors Inc Nc’s portfolio.
Royal Bank of Canada closed down -0.03 points or -0.05% at $61.95 with 6,44,023 shares getting traded on Tuesday. Post opening the session at $62.04, the shares hit an intraday low of $61.55 and an intraday high of $62.24 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Royal Bank of Canada reported $1.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 24, 2016. Analyst had a consensus of $1.70.Analysts expectations of $ 9776.41.During the same quarter in the previous year, the company posted $1.66 EPS.
Investors should note that on Aug 24, 2016, Royal Bank of Canada announced a cash dividend of $0.8300. The company’s management has announced Oct 24, 2016 as the ex-dividend date and fixed the record date on Oct 26, 2016. The payable date has been fixed on Nov 24, 2016.
Royal Bank of Canada (RBC) is a diversified financial services company. The Company provides personal and commercial banking wealth management services insurance investor services and capital markets products and services on a global basis. It operates in five segments: Personal & Commercial Banking which operates comprises its personal and business banking operations as well as its auto financing and retail investment businesses; Wealth Management which comprises Canadian Wealth Management United States and International Wealth Management and Global Asset Management (GAM); Insurance which operates under two business lines: Canadian Insurance and International Insurance; Investor & Treasury Services which is a provider of asset servicing custody payments and treasury services and Capital Markets which comprises two business lines: Corporate and Investment Banking and Global Markets. It operates in three geographic segments: Canada United States and Other International.