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Royal Bank of Canada Increases Stake in World Kinect

Royal Bank Of Canada logoRoyal Bank Of Canada
Sig0.62Sen+0.85Env0.00Soc0.00Gov0.00
World Kinect logoWorld Kinect
Sig1.34Sen+1.05Env0.00Soc0.00Gov0.00

Royal Bank of Canada increased its World Kinect stake by 30.4% in the first quarter, adding 76,657 shares to hold 328,662. Other managers also bought or raised positions, while insiders sold 118,445 shares worth $4.23 million. Morgan Stanley set a $30 price target, and World Kinect reported quarterly earnings and paid a quarterly dividend.

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