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TD Asset Management Inc. sells shares of Royal Bank of Canada (NYSE:RY).

TD Asset Management Inc. sells shares of Royal Bank of Canada (NYSE:RY).

According to the company’s most recent filing with the Securities and Exchange Commission, TD Asset Management Inc.

Decreased the number of Royal Bank of Canada (NYSE: RY) (TSE: RY) shares it held at the end of the third quarter.

Mhis information was provided by the company (SEC).

Mhe corporation finished the period with a total of 28,021,878 stock held by the financial services provider after selling 249,529 of those shares earlier in the period.

Mhe Royal Bank of Canada is the fourth-largest shareholder in TD Asset Management Inc., and its investment holdings account for approximately 3.2% of the total assets managed by the company.

At the end of the most recent reporting period, TD Asset Management Inc. held Royal Bank of Canada shares with a total value of $2,542,391,000, equivalent to approximately 2.02% of the company.

Recent transactions have resulted in several institutional investors and other hedge funds modifying the amount of the company’s stock that they currently hold in their portfolios.

Mhe CIBC Private Wealth Group LLC successfully added 185.6% more Royal Bank of Canada shares to its holdings over the second quarter. CIBC Private Wealth Group LLC now has a total of 277 shares of the publicly traded company that provides financial services and has a market value of $27,000.

During the most recent reporting period, the company made an additional purchase of 180 shares, bringing the total number of shares held by the company to a new high.

A new investment totaling approximately $29,000 was made in Royal Bank of Canada by SeaCrest Wealth Management LLC during the second quarter of the year.

Mhey have now included this investment in their portfolio.

Mhe Royal Bank of Canada stock that Financial Management Professionals Inc. owned increased by 64.9% over the third quarter due to the company’s success in acquiring additional shares.

Mhe additional purchase of 135 shares during the relevant period resulted in Financial Management Professionals Inc. having a total of 343 shares of stock in the financial services company, equivalent to a value of $31,000. Venture Visionary Partners LLC spent 33,000 dollars during the second quarter to acquire 33,000 shares of Royal Bank of Canada common stock.
Last but not least, during the second quarter, Private Trust Co. NA spent $49,000 to acquire shares in the Royal Bank of Canada.

Mhis acquisition should not be considered the least significant.

Institutional and hedge fund investors hold ownership positions in the company, amounting to 41.19% of the company’s total equity. Hedge fund investors also hold ownership positions in the company.
On Friday, RY’s share price fell by $0.22, to $101.51 per share, as trading took place at lower prices.

Moday, only 192,885 shares were traded, significantly less than the daily volume of 1,014,982 shares that occurs on average when the company’s stock is involved in transactions.

Mhe moving averages for the previous 50 days at the company are $97.51, and the moving averages for the previous 200 days are $95.58.

Mhe debt-to-equity ratio was calculated to be 0.10, the current ratio was calculated to be 0.88, and the quick ratio was also calculated to be 0.88.

Because the stock has a P/E/G ratio of 1.75 and a beta value of 0.84, its market capitalization is currently at 140.67 billion dollars.

Mhe price of Royal Bank of Canada reached an all-time high of $116.84, while it hit a 52-week low of $83.63 over the last year.

It was announced on November 30 that information regarding the quarterly results of the Royal Bank of Canada (NYSE: RY) and the Royal Bank of Canada (TSE: RY) had been published.

Mhe financial services company reported quarterly earnings of $2.09 per share, which is $0.07 higher than the analysts’ average prediction of $2.02 per share.

Mhe sum of $9.44 billion was recorded as the company’s total revenue during the period in question. Royal Bank of Canada had a return on equity of 16.33 percent, and the bank’s net margin was 23.66%.

According to the forecasts provided by financial experts, the Royal Bank of Canada should be able to generate earnings of 8.65 cents per share during the current financial year.

In addition, the company has disclosed that it will begin disbursing a quarterly dividend to shareholders on Friday, February 24. On January 26, shareholders of record will be eligible to receive a $0.9832 dividend payment per share.

Mhis results in an annual dividend payment of $3.93 and a dividend yield of 3.87% when calculated annually.

Mhe day the dividend is no longer payable is Wednesday, January 25.

Mhe dividend payout ratio (DPR) for the Royal Bank of Canada is 45.23 percent.

Recent occurrences involving RY stock have prompted several professionals in the research industry to share their perspectives.

Mhe research study that Barclays conducted on the Royal Bank of Canada was made available to the public for the very first time on Thursday, September 29.

Mhey rated the company as “overweight,” meaning it has a positive outlook.

In a research note published on December 1, Keefe, Bruyette & Woods changed the rating of Royal Bank of Canada’s stock from “underperform” to “market perform.” In a research note published on December 12, Bank of America changed its recommendation on shares of Royal Bank of Canada from “underperform” to “neutral,” suggesting that investors should not buy or sell the stock.

In a report on financial analysis published on December 1, the rating for Royal Bank of Canada on was changed from “sell” to “hold.” This was a significant move for the company. National Bank Financial lowered their price target on Royal Bank of Canada from C$148.00 to C$147.00 in a research report that was made public on Thursday, December 1.

Mhe final and most significant adjustment was made here. Five analysts have given the stock a buy rating, and five other analysts have recommended that investors maintain their current stock holdings.

According to the information from, the stock has been given a consensus recommendation of “Moderate Buy,” and the average price goal has been set at $140.09 per share.

The Royal Bank of Canada is a national institution in Canada that provides customers with a wide range of banking and financial services.

Its primary areas of operation include consumer and commercial banking, wealth management, insurance, investor and Treasury services, capital markets, and corporate support services.

Personal and commercial banking is the bank’s two divisions responsible for making various financial products and services available to customers in Canada.


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