US Bancorp DE Lowers Stock Position in Royal Bank Of Canada (NYSE:RY)\n\nUS Bancorp DE decreased its holdings in Royal Bank Of Canada by 16.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,628 shares of the financial services provider's stock after selling 14,684 shares during the quarter. US Bancorp DE's holdings in Royal Bank Of Canada were worth $8,187,000 at the end of the most recent reporting period.\n\nSeveral other hedge funds and other institutional investors have also made changes to their positions in RY. APG Asset Management N.V. boosted its stake in shares of Royal Bank Of Canada by 1,600.9% in the fourth quarter. APG Asset Management N.V. now owns 1,427,075 shares of the financial services provider's stock valued at $166,084,000 after purchasing an additional 1,343,174 shares during the period. QV Investors Inc. acquired a new stake in Royal Bank Of Canada during the first quarter worth approximately $51,164,000. Northern Trust Corp grew its position in shares of Royal Bank Of Canada by 64.4% during the fourth quarter. Northern Trust Corp now owns 1,120,456 shares of the financial services provider's stock worth $135,026,000 after acquiring an additional 439,077 shares during the last quarter. NBC Securities Inc. grew its position in shares of Royal Bank Of Canada by 100,405.3% during the first quarter. NBC Securities Inc. now owns 361,819 shares of the financial services provider's stock worth $40,784,000 after acquiring an additional 361,459 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in shares of Royal Bank Of Canada by 614.1% during the fourth quarter. Bessemer Group Inc. now owns 417,181 shares of the financial services provider's stock worth $50,238,000 after acquiring an additional 358,762 shares during the last quarter.\n\nHedge funds and other institutional investors own 45.31% of the company's stock. Analyst Ratings Changes\n\nA number of equities analysts recently weighed in on RY shares. lowered shares of Royal Bank Of Canada from a \"hold\" rating to a \"sell\" rating in a research report on Saturday, May 31st. CIBC reiterated an \"outperform\" rating on shares of Royal Bank Of Canada in a research report on Tuesday, May 20th. Scotiabank assumed coverage on shares of Royal Bank Of Canada in a research note on Thursday, May 15th. They set a \"sector outperform\" rating for the company. Barclays reissued an \"overweight\" rating on shares of Royal Bank Of Canada in a research report on Monday, June 9th. Finally, National Bank Financial downgraded shares of Royal Bank Of Canada from an \"outperform\" rating to a \"sector perform\" rating in a research report on Friday, May 30th.\n\nOne analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Royal Bank Of Canada currently has an average rating of \"Moderate Buy\" and an average price target of $193.00.\n\nRoyal Bank Of Canada Stock Up 0.1% opened at $128.64 on Monday. The stock has a market cap of $180.84 billion, a PE ratio of 14.29, a P/E/G ratio of 1.47 and a beta of 0.89. Royal Bank Of Canada has a fifty-two week low of $102.89 and a fifty-two week high of $134.26. The business has a 50 day moving average price of $129.81 and a two-hundred day moving average price of $121.97. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.11.\n\nRoyal Bank Of Canada (NYSE: RY) last released its quarterly earnings results on Thursday, May 29th. The financial services provider reported $2.20 earnings per share for the quarter, missing analysts' consensus estimates of $2.25 by ($0.05). The company had revenue of $11.38 billion during the quarter, compared to analysts' expectations of $15.77 billion. Royal Bank Of Canada had a return on equity of 15.75% and a net margin of 13.37%. The firm's revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.92 EPS. As a group, sell-side analysts predict that Royal Bank Of Canada will post 9.16 EPS for the current fiscal year.\n\nRoyal Bank Of Canada Increases Dividend\n\nThe firm also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Thursday, July 24th will be paid a dividend of $1.1152 per share. This is an increase from Royal Bank Of Canada's previous quarterly dividend of $1.03. The ex-dividend date is Thursday, July 24th. This represents a $4.46 annualized dividend and a dividend yield of 3.5%. Royal Bank Of Canada's dividend payout ratio (DPR) is currently 50.33%.\n\nRoyal Bank Of Canada Company Profile\n\nRoyal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal &amp; Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses.

US Bancorp DE Lowers Stock Position in Royal Bank Of Canada (NYSE:RY)

US Bancorp DE reduced its holdings in Royal Bank Of Canada (RBC) by 16.8% in Q1, while other institutional investors increased their stakes. Analyst ratings for RBC shifted, and the bank reported earnings below expectations. RBC's stock price, market cap, and financial metrics were detailed, including a dividend increase.