Westerkirk Capital Inc. recently reduced its stake in Royal Bank of Canada (RY) by selling 12,195 shares, decreasing its holdings by 17% to 59,358 shares valued at $8.745 million. Despite this sale, analyst sentiment towards RBC remains largely positive, with a “Moderate Buy” consensus rating and a target price of $162.00. The Royal Bank of Canada also reported strong quarterly earnings, beating EPS estimates, showing significant revenue growth, and increasing its quarterly dividend.
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Westerkirk Capital Inc. Sells 12,195 Shares of Royal Bank Of Canada $RY
Westerkirk Capital Inc. recently reduced its stake in Royal Bank of Canada (RY) by selling 12,195 shares, decreasing its holdings by 17% to 59,358 shares valued at $8.745 million. Despite this sale, analyst sentiment towards RBC remains largely positive, with a “Moderate Buy” consensus rating and a target price of $162.00. The Royal Bank of Canada also reported strong quarterly earnings, beating EPS estimates, showing significant revenue growth, and increasing its quarterly dividend.