Great West Life Assurance Company Decreased Royal Bk Cda Montreal Que (RY) Stake by $19.12 Million as Shares Declined

In 2018Q3 SEC form is reported Great West Life Assurance Company’s stake in Royal Bk Cda Montreal Que (RY) which was decreased by 1.86%. The company’s stock sank 10.88% while Great West Life Assurance Company sold 238,977 shares. At the end of 2018Q3, the 12.58 million shares of the commercial banks company held by the institutional investor were priced at $1.01 billion, down from 12.82M at the end of the previous reported quarter. $109.01B is the market cap of Royal Bk Cda Montreal Que. Ticker’s shares touched $76.07 during the last trading session after 0.03% change.Royal Bank of Canada has volume of 443,286 shares. Since February 14, 2018 RY has declined 11.53% and is downtrending. RY underperformed the S&P500 by 11.53%.

According to a filing the Great West Life Assurance Company’s stake in Encana Corp (NYSE:ECA) was increased by 1.82 million shares to 7.35 million shares valued at $96.43M in 2018Q3. It operates about $42.09B US Long portfolio. For a total of 137,531 shares it increased its holding in Square Inc by 44,347 shares in the quarter, and has risen its stake in Vermilion Energy Inc (NYSE:VET).

On February, 22 is expected Royal Bank of Canada (NYSE:RY)’s earnings report, Faxor reports. Analysts have anticipation on stock’s earnings per share of $1.64. That’s down 4.65 % from last year’s $1.72 earnings per share. If RY’s EPS is $1.64 the profit will be $2.35B for 11.60 P/E. -4.09 % negative EPS growth is what analysts predict. $1.71 earnings per share was announced for previous quarter.

For more Royal Bank of Canada (NYSE:RY) news posted recently go to: Fool.ca, Fool.ca, Fool.ca, Fool.ca or Investingnews.com. The titles are as follows: “3 Reasons to Own the Top Canadian Banks in Your Portfolio – The Motley Fool Canada” posted on January 20, 2019, “Should You Buy Nutrien Ltd. (TSX:NTR) or Royal Bank of Canada (TSX:RY) Stock for Your RRSP? – The Motley Fool Canada” on January 29, 2019, “TFSA Investors: Does Royal Bank of Canada (TSX:RY) Stock Deserved to Be a Top Pick Right Now? – The Motley Fool Canada” with a publish date: February 13, 2019, “2 Canadian Dividend Stocks to Buy in a Market Correction – The Motley Fool Canada” and the last “Gold Fields Denies Report Suggesting Possible Merger with AngloGold – Investing News Network” with publication date: January 22, 2019.

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