Davis-Rea LTD Has Increased Its Royal Bank Of Canada (RY) Position; Wesbanco Bank Has Boosted Morgan Stanley (MS) Position By $5.35 Million

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Davis-Rea Ltd increased Royal Bank Of Canada (RY) stake by 5.46% reported in 2018Q1 SEC filing. Davis-Rea Ltd acquired 4,136 shares as Royal Bank Of Canada (RY)’s stock declined 6.00%. The Davis-Rea Ltd holds 79,917 shares with $6.17 million value, up from 75,781 last quarter. Royal Bank Of Canada now has $111.03 billion valuation. The stock increased 0.28% or $0.21 during the last trading session, reaching $75.69. About 80,846 shares traded. Royal Bank of Canada (NYSE:RY) has risen 9.18% since June 21, 2017 and is uptrending. It has underperformed by 3.39% the S&P500. Some Historical RY News: 07/05/2018 – ANDEAVOR LOGISTICS LP ANDX.N : RBC RAISES TARGET PRICE TO $51 FROM $48; 14/03/2018 – BOYD GROUP INCOME FUND BYD_u.TO : RBC RAISES TARGET PRICE TO C$105 FROM C$103; 10/04/2018 – GLOBAL EQUITY STRATEGY: RBC RAISES UTILITIES TO MARKET WEIGHT FROM UNDERWEIGHT; 24/04/2018 – Royal Bank of Canada Bond Trading 2x Avg; Clients Net Sellers; 26/04/2018 – VARIAN MEDICAL SYSTEMS INC VAR.N : RBC RAISES TARGET PRICE TO $120 FROM $115; 08/05/2018 – GODADDY INC GDDY.N : RBC RAISES TARGET PRICE TO $77 FROM $69; 16/03/2018 – RBC’s Mark Mahaney said that Snap’s work on its advertising marketplace and interface are necessary changes that could drive engagement; 09/04/2018 – APPLE INC AAPL.O : RBC SAYS SUPPLIERS ANTICIPATE REGULAR PRODUCTION RAMP SCHEDULE, WHICH SHOULD START AROUND MAY; 16/05/2018 – MACY’S INC M.N : RBC RAISES TARGET PRICE TO $35 FROM $31; 20/03/2018 – CHARTER COURT FINANCIAL SERVICES CCFS.L : RBC RAISES TARGET PRICE TO 340P FROM 305P

Wesbanco Bank Inc increased Morgan Stanley (MS) stake by 615.92% reported in 2018Q1 SEC filing. Wesbanco Bank Inc acquired 100,900 shares as Morgan Stanley (MS)’s stock declined 7.02%. The Wesbanco Bank Inc holds 117,282 shares with $6.33M value, up from 16,382 last quarter. Morgan Stanley now has $87.42 billion valuation. The stock decreased 1.01% or $0.505 during the last trading session, reaching $49.385. About 711,786 shares traded. Morgan Stanley (NYSE:MS) has risen 24.35% since June 21, 2017 and is uptrending. It has outperformed by 11.78% the S&P500. Some Historical MS News: 22/03/2018 – NASPERS – BANK OF AMERICA MERRILL LYNCH, CITIGROUP AND MORGAN STANLEY APPOINTED JOINT GLOBAL-COORDINATORS AND JOINT BOOK-RUNNERS TO MANAGE TRANSACTION; 25/04/2018 – Morgan Stanley’s Kushma Says Buy Aussie Bonds, Sell the Currency; 30/05/2018 – Morgan Stanley’s Gorman Says Fed Wants Normal Rate Environment (Video); 27/04/2018 – KBRA Assigns Preliminary Ratings to Morgan Stanley Resecuritization Pass-Through 2018-SC1; 18/04/2018 – MORGAN STANLEY IS “MANAGING EXPENSES STRONGLY, BUT NOT RUTHLESSLY” -CEO; 05/04/2018 – KFMB-TV: Jeffrey Dean Morgan Talks `First Night Away’ From 1-Month-Old Baby George With Hilarie Burton; 19/03/2018 – Bitcoin Bust Reminds Morgan Stanley of Nasdaq Crash, But Faster; 27/04/2018 – GREENSKY INC SAYS GOLDMAN SACHS & CO. LLC, J.P. MORGAN, MORGAN STANLEY ARE AMONG UNDERWRITERS TO IPO; 18/04/2018 – MORGAN STANLEY – EFFECTIVE TAX RATE FROM CONTINUING OPERATIONS FOR QUARTER WAS 20.9%; 10/05/2018 – VOLVO CARS SAID TO PICK GOLDMAN, CITI, MORGAN STANLEY FOR IPO – BLOOMBERG, CITING

Davis-Rea Ltd decreased Microsoft (NASDAQ:MSFT) stake by 14,936 shares to 6,659 valued at $608,000 in 2018Q1. It also reduced Cott Corp (NYSE:COT) stake by 48,742 shares and now owns 25,000 shares. A was reduced too.

More notable recent Royal Bank of Canada (NYSE:RY) news were published by: Fool.ca which released: “Is There Ever a Wrong Time to Buy the Top Canadian Banks?” on June 21, 2018, also Seekingalpha.com with their article: “Royal Bank Of Canada: Poised For Growth As The Canadian Economy Accelerates” published on May 31, 2018, Seekingalpha.com published: “Royal Bank of Canada’s (RY) CEO Dave McKay On Q2 2018 Results – Earnings Call Transcript” on May 24, 2018. More interesting news about Royal Bank of Canada (NYSE:RY) were released by: Seekingalpha.com and their article: “Royal Bank Is By Far My Favorite” published on June 06, 2018 as well as Fool.ca‘s news article titled: “These Two Industry Heavyweights Are Teaming Up to Fill a Big Void” with publication date: June 20, 2018.

Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Royal Bank Of Canada has $95 highest and $69 lowest target. $79.25’s average target is 4.70% above currents $75.69 stock price. Royal Bank Of Canada had 19 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Saturday, August 22. The stock has “Buy” rating by Argus Research on Friday, July 1. Bank of America maintained the shares of RY in report on Thursday, August 27 with “Buy” rating. Citigroup maintained Royal Bank of Canada (NYSE:RY) rating on Monday, August 15. Citigroup has “Buy” rating and $89 target. Bank of America upgraded the stock to “Buy” rating in Tuesday, January 30 report. TD Securities downgraded Royal Bank of Canada (NYSE:RY) on Monday, April 3 to “Hold” rating. The rating was maintained by Argus Research with “Buy” on Thursday, August 25. The rating was downgraded by Rafferty on Thursday, December 1 to “Hold”. The stock of Royal Bank of Canada (NYSE:RY) has “Buy” rating given on Monday, November 21 by TD Securities. As per Monday, February 27, the company rating was upgraded by Keefe Bruyette & Woods.

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.26, from 1.1 in 2017Q4. It dropped, as 60 investors sold MS shares while 340 reduced holdings. 95 funds opened positions while 242 raised stakes. 1.48 billion shares or 1.64% less from 1.51 billion shares in 2017Q4 were reported. Teacher Retirement Of Texas reported 905,278 shares. Glenmede Trust Company Na invested in 40,589 shares or 0.01% of the stock. Hartford Invest stated it has 275,140 shares. 11,516 were reported by Checchi Advisers Limited Company. Kcm Invest Advsr invested 0.2% of its portfolio in Morgan Stanley (NYSE:MS). Panagora Asset Mgmt stated it has 0.01% in Morgan Stanley (NYSE:MS). Amalgamated Comml Bank holds 0.23% of its portfolio in Morgan Stanley (NYSE:MS) for 160,626 shares. Schafer Cullen Management Inc invested in 88,008 shares or 0.06% of the stock. Mufg Americas Hldgs holds 400 shares. Lodestar Inv Counsel Ltd Liability Corporation Il has 0.03% invested in Morgan Stanley (NYSE:MS) for 5,347 shares. 511,376 are owned by Earnest Prtnrs Limited Liability Com. Pitcairn Com reported 0.1% of its portfolio in Morgan Stanley (NYSE:MS). Janney Montgomery Scott Ltd Limited Liability Company invested in 24,295 shares. Highlander Cap Mgmt Limited Liability Corporation reported 0.16% in Morgan Stanley (NYSE:MS). Bryn Mawr accumulated 0.06% or 18,197 shares.

Wesbanco Bank Inc decreased 3M Company (NYSE:MMM) stake by 1,856 shares to 100,423 valued at $22.05 million in 2018Q1. It also reduced Express Scripts Hldg Co (NASDAQ:ESRX) stake by 6,795 shares and now owns 27,832 shares. Intel (NASDAQ:INTC) was reduced too.

Morgan Stanley (NYSE:MS) Institutional Positions Chart