Royal Bk Cda Montreal Que (RY) Shares Declined While Bank Of Nova Scotia Trust Company Decreased Stake

May 3, 2018 - By Ira Colvard

According to 2017Q4 SEC form the Bank Of Nova Scotia Trust Company decreased its holdings in Royal Bk Cda Montreal Que (RY) by 5.1%. The company’s stock declined 4.81% with the market as Bank Of Nova Scotia Trust Company sold 75,523 shares. The institutional investor is holding 1.41 million shares, compared to the 1.48 million from the previous quarter. And the reported value of the commercial banks company is $114.82 million for the 2017Q4. For a total of 90,501 shares it increased its holding in Medtronic Plc (NYSE:MDT) by 50,797 shares in the quarter, and has risen its stake in Pembina Pipeline Corp (NYSE:PBA).

Investors expect Royal Bank of Canada (NYSE:RY)’s quarterly earnings on May, 24., according to Zacks. Analysts forecast $1.64 earnings per share. That’s $0.22 up or 15.49 % from 2017’s earnings of $1.42. If the current earnings per share of $1.64 is accurate, RY’s profit could hit $2.37B. Wall Street predicts -4.65 % negative EPS growth as of May, 24.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.