Quantinno Capital Management LP Has $23.95 Million Stake in Royal Bank Of Canada $RY

Quantinno Capital Management LP significantly increased its stake in Royal Bank of Canada (RY) during the first quarter, now holding 148,069 shares valued at $23.95 million. Royal Bank of Canada reported strong quarterly earnings, exceeding analyst expectations, and raised its quarterly dividend to $1.76 per share. The stock maintains a "Moderate Buy" consensus rating from analysts with an average price target of $225.