Royal Bank Scotland PLC (The) (RBS) Stake Boosted by Aperio Group LLC

Aperio Group LLC raised its stake in Royal Bank Scotland PLC (The) (NYSE:RBS) by 49.3% during the second quarter, according to its most recent disclosure with the 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quantum Capital Management purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $107,000. HPM Partners LLC purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $166,000. Toronto Dominion Bank purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $170,000. Stevens Capital Management LP purchased a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at $176,000. Finally, Two Sigma Securities LLC raised its stake in shares of Royal Bank Scotland PLC (The) by 240.6% in the first quarter. Two Sigma Securities LLC now owns 41,623 shares of the financial services provider’s stock valued at $253,000 after buying an additional 29,403 shares during the period. 0.43% of the stock is owned by institutional investors.

Shares of Royal Bank Scotland PLC (RBS) traded up 0.60% on Friday, reaching $6.74. The company’s stock had a trading volume of 819,984 shares. 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 1-year low of $4.18 and a 1-year high of $7.06. The stock’s market cap is $39.96 billion.

Royal Bank Scotland PLC (The) (NYSE:RBS) last posted its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.10. The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate 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%. On average, equities analysts predict that Royal Bank Scotland PLC will post ($14.00) earnings per share for the current fiscal year.

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Several analysts have recently weighed in on RBS shares. BidaskClub upgraded Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 8th. Investec lowered Royal Bank Scotland PLC (The) from a “hold” rating to a “sell” rating in a report on Thursday, April 27th. Keefe, Bruyette & Woods upgraded Royal Bank Scotland PLC (The) from a “market perform” rating to an “outperform” rating in a report on Friday, April 21st. Macquarie upgraded 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 upgraded 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.

About Royal Bank Scotland PLC (The)

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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