Investment Manager Adds $5.41M Stake in Royal Bank of Canada
Te Ahumairangi Investment Management Ltd acquired 26,130 shares of Royal Bank of Canada, valued at about $5.41 million, in the second quarter. The filing notes institutional investors hold 45.31% of the stock. Royal Bank of Canada reported quarterly EPS of $2.84, slightly above the $2.81 consensus, and it will pay a $1.76 dividend versus $1.64 previously.