As Royal Bk Cda Montreal Que (NYSE:RY) Price Declined, Gluskin Sheff & Assoc Inc Upped Position

May 17, 2018 - By Lindsey Price

Based on the latest 2018Q1 form from the SEC, Gluskin Sheff & Assoc Inc increased its holdings in Royal Bk Cda Montreal Que (NYSE:RY) by 854.25%. Royal Bk Cda Montreal Que (NYSE:RY) declined 4.81% with the market as Gluskin Sheff & Assoc Inc bought 694,443 shares. Gluskin Sheff & Assoc Inc announced $59.92 million position in Gluskin Sheff & Assoc Inc for 2018Q1. Now it holds 775,736 shares, compared to 81,293 last quarter. $113.65B is the Royal Bk Cda Montreal Que’s market cap. 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 the S&P 500 by 5.65%.

Gluskin Sheff & Assoc Inc operates about $7.77 billion and $1.84 billion US longs. It decreased its stake in Globant S A (NYSE:GLOB) by 209,213 shares to 227,421 shares, valued at $11.72 million in 2018Q1, according to the form. It decreased Bank N S Halifax (NYSE:BNS) position by 524,656 shares to 1.45M shares, and cut its Kansas City Southern (NYSE:KSU) stake.

Gluskin Sheff & Assoc Inc is a Ontario, Canada-based institutional investor with more than $7.77 billion AUM in September, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Gluskin Sheff & Assoc latest Adv, the fund reported to have 127 full and part-time employees. Among which 32 performing investment advisory and research functions. The institutional investor had more than 3700 clients.

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service firm worldwide.The firm is valued at $113.65 billion. The firm operates through five divisions: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets.The P/E ratio is 13.35. 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: