Ninepoint Partners LP Buys 21,212 Shares of Royal Bank Of Canada $RY

Ninepoint Partners LP grew its stake in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 81.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,273 shares of the financial services provider’s stock after acquiring an additional 21,212 shares during the period. Royal Bank Of Canada comprises approximately 0.9% of Ninepoint Partners LP’s investment portfolio, making the stock its 15th biggest holding. Ninepoint Partners LP’s holdings in Royal Bank Of Canada were worth $6,964,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Royal Bank Of Canada by 33.1% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock worth $279,000 after buying an additional 575 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Royal Bank Of Canada by 60.9% during the first quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock worth $1,321,000 after purchasing an additional 4,460 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Royal Bank Of Canada by 57.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock worth $695,000 after purchasing an additional 1,934 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Royal Bank Of Canada during the 2nd quarter worth $1,131,000. Finally, Arkadios Wealth Advisors increased its position in Royal Bank Of Canada by 6.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 17,310 shares of the financial services provider’s stock valued at $2,277,000 after buying an additional 978 shares in the last quarter. 45.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Royal Bank Of Canada News

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

Royal Bank Of Canada Stock Down 1.5%

Royal Bank Of Canada stock opened at $167.26 on Friday. The business has a 50 day simple moving average of $170.03 and a 200-day simple moving average of $155.79. Royal Bank Of Canada has a 12 month low of $106.10 and a 12 month high of $176.19. The stock has a market capitalization of $233.78 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 1.26 and a beta of 0.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last issued its quarterly earnings results on Thursday, February 26th. The financial services provider reported $2.94 EPS for the quarter, topping the consensus estimate 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 net margin of 15.28% and a return on equity of 17.30%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.62 EPS. On average, analysts anticipate that Royal Bank Of Canada will post 9.16 EPS for the current fiscal year.

Royal Bank Of Canada Dividend Announcement

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

Analyst Ratings Changes

RY has been the subject of a number of recent analyst reports. TD Cowen upgraded shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Raymond James Financial reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Friday, February 13th. TD Securities raised shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Finally, UBS Group reiterated a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $162.00.

Royal Bank Of Canada Company Profile

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.