Aperio Group LLC boosted its stake in shares of Royal Bank Scotland PLC (The) (NYSE:RBS) by 49.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 705,115 shares of the financial services provider’s stock after buying an additional 232,900 shares during the period. Aperio Group LLC’s holdings in Royal Bank Scotland PLC (The) were worth $4,604,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. LMR Partners LLP purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $4,188,000. Karp Capital Management Corp purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $2,866,000. Dimensional Fund Advisors LP raised its stake in shares of Royal Bank Scotland PLC (The) by 10.1% in the first quarter. Dimensional Fund Advisors LP now owns 3,332,105 shares of the financial services provider’s stock valued at $20,226,000 after buying an additional 307,009 shares during the period. Narwhal Capital Management raised its stake in shares of Royal Bank Scotland PLC (The) by 50.5% in the first quarter. Narwhal Capital Management now owns 139,515 shares of the financial services provider’s stock valued at $847,000 after buying an additional 46,800 shares during the period. Finally, Fisher Asset Management LLC purchased a new stake in shares of Royal Bank Scotland PLC (The) during the second quarter valued at $267,000. Institutional investors and hedge funds own 0.43% of the company’s stock.

Shares of Royal Bank Scotland PLC (NYSE RBS) traded up 0.60% during midday trading on Friday, reaching $6.74. The company had a trading volume of 819,984 shares. The firm’s market cap is $39.96 billion. The company’s 50-day moving average is $6.65 and its 200-day moving average is $6.34. Royal Bank Scotland PLC has a 52-week low of $4.18 and a 52-week high of $7.06.

Royal Bank Scotland PLC (The) (NYSE:RBS) last issued its quarterly earnings results on Friday, August 4th. The financial services provider reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.10 billion. Royal Bank Scotland PLC (The) had a positive return on equity of 6.92% and a negative net margin of 23.27%. Equities research analysts expect that Royal Bank Scotland PLC will post ($14.00) EPS for the current fiscal year.

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Several equities research analysts have recently commented on the company. BidaskClub raised Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 8th. Investec downgraded Royal Bank Scotland PLC (The) from a “hold” rating to a “sell” rating in a report on Thursday, April 27th. Keefe, Bruyette & Woods raised Royal Bank Scotland PLC (The) from a “market perform” rating to an “outperform” rating in a report on Friday, April 21st. Macquarie raised Royal Bank Scotland PLC (The) from a “neutral” rating to an “outperform” rating in a report on Friday, April 21st. Finally, J P Morgan Chase & Co raised Royal Bank Scotland PLC (The) from an “underweight” rating to a “neutral” rating in a report on Wednesday, April 19th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. Royal Bank Scotland PLC (The) has an average rating of “Hold” and a consensus target price of $7.25.

Royal Bank Scotland PLC (The) Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

Institutional Ownership by Quarter for Royal Bank Scotland PLC (The) (NYSE:RBS)

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