Royal Bank of Canada Increases Stake in World Kinect
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.