Connor Clark & Lunn Investment Management Ltd Position in Royal Bank Of Canada (NYSE:RY) Trimmed by $13.09 Million

May 17, 2018 - By Matthew Richard

In Royal Bank Of Canada (NYSE:RY) was reduced the stake held by Connor Clark & Lunn Investment Management Ltd. The reduction is 1.14% according to 2018Q1 SEC filling. 169,975 shares were sold by Connor Clark & Lunn Investment Management Ltd as the company’s stock declined 4.81% with the market. At the end of 2018Q1, the 14.74 million shares of the commercial banks company held by the institutional investor were priced at $1.14B, down from 14.91M at the end of the previous reported quarter. Royal Bank Of Canada has $113.65B MC. RY hit $79.16 during the last trading session after $0.57 change.Currently Royal Bank of Canada is uptrending after 5.90% change in last May 17, 2017. RY has 378,673 shares volume. RY underperformed by 5.65% the S&P500.

About $26.75 billion and $16.52 billion US Long portfolio Connor Clark & Lunn Investment Management Ltd operates. It rose its stake in Skyworks Solutions Inc (NASDAQ:SWKS) by 113,975 shares to 120,500 shares, valued at $12.08M in 2018Q1, according to the filing. Connor Clark & Lunn Investment Management Ltd has risen its stake in Cae Inc. (NYSE:CAE) and also increased its holding in Thomson Reuters Corporation (NYSE:TRI) by 434,007 shares in the quarter, for a total of 3.00 million shares.

Connor Clark & Lunn Investment Management Ltd is a British Columbia, Canada-based institutional investor with more than $26.75 billion AUM in May, 2014. Taken from Connor Clark & Lunn Investment Management latest Adv, the fund reported to have 48 full and part-time employees. Among which 26 performing investment advisory and research functions. The institutional investor had more than 200 clients.

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service firm worldwide.The company has $113.65 billion market cap. The firm operates through five divisions: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets.13.35 is the P/E ratio. The Personal & Commercial Banking segment engages in the personal and business banking operations, auto financing, and retail investment businesses.

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.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: