Royal Bank of Scotland Group PLC (RBS) Stake Lifted by Aperio Group LLC

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Aperio Group LLC lifted its holdings in Royal Bank of Scotland Group PLC (NYSE:RBS) by 13.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,028,166 shares of the financial services provider’s stock after purchasing an additional 125,557 shares during the quarter. Aperio Group LLC’s holdings in Royal Bank of Scotland Group were worth $6,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. HPM Partners LLC raised its stake in shares of Royal Bank of Scotland Group by 45.7% in the second quarter. HPM Partners LLC now owns 40,245 shares of the financial services provider’s stock worth $274,000 after purchasing an additional 12,624 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Royal Bank of Scotland Group in the second quarter worth $1,401,000. Millennium Management LLC grew its holdings in shares of Royal Bank of Scotland Group by 653.3% in the first quarter. Millennium Management LLC now owns 621,393 shares of the financial services provider’s stock worth $4,598,000 after acquiring an additional 538,909 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Royal Bank of Scotland Group by 8.4% in the second quarter. Renaissance Technologies LLC now owns 4,229,400 shares of the financial services provider’s stock worth $28,760,000 after acquiring an additional 329,100 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Royal Bank of Scotland Group by 5.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,061,889 shares of the financial services provider’s stock worth $30,058,000 after acquiring an additional 203,114 shares during the period. Hedge funds and other institutional investors own 0.58% of the company’s stock.

Shares of RBS opened at $6.04 on Wednesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.16 and a quick ratio of 0.97. Royal Bank of Scotland Group PLC has a one year low of $5.82 and a one year high of $8.74. The firm has a market capitalization of $35.06 billion, a P/E ratio of 9.29 and a beta of 1.11.

Royal Bank of Scotland Group (NYSE:RBS) last issued its quarterly earnings data on Friday, August 3rd. The financial services provider reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Royal Bank of Scotland Group had a return on equity of 5.36% and a net margin of 7.46%. The firm had revenue of $4.06 billion during the quarter, compared to the consensus estimate of $4.27 billion. Equities research analysts predict that Royal Bank of Scotland Group PLC will post 0.76 EPS for the current fiscal year.

RBS has been the subject of several research analyst reports. ValuEngine lowered Royal Bank of Scotland Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 10th. Zacks Investment Research raised Royal Bank of Scotland Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 18th. UBS Group raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Friday, August 10th. Citigroup raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Monday, August 20th. Finally, Societe Generale raised Royal Bank of Scotland Group from a “sell” rating to a “hold” rating in a report on Monday, September 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Royal Bank of Scotland Group has an average rating of “Hold” and an average price target of $8.50.

About Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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Institutional Ownership by Quarter for Royal Bank of Scotland Group (NYSE:RBS)

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