Royal Bank of Scotland Group PLC (RBS) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in shares of Royal Bank of Scotland Group PLC (NYSE:RBS) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,025,096 shares of the financial services provider’s stock after buying an additional 102,567 shares during the period. Dimensional Fund Advisors LP owned about 0.05% of Royal Bank of Scotland Group PLC worth $16,729,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stevens Capital Management LP acquired a new stake in shares of Royal Bank of Scotland Group PLC during the third quarter valued at $333,000. Capstone Asset Management Co. boosted its stake in shares of Royal Bank of Scotland Group PLC by 8.8% in the third quarter. Capstone Asset Management Co. now owns 109,508 shares of the financial services provider’s stock worth $510,000 after buying an additional 8,880 shares during the period. Comerica Bank boosted its stake in shares of Royal Bank of Scotland Group PLC by 14.0% in the fourth quarter. Comerica Bank now owns 338,880 shares of the financial services provider’s stock worth $1,833,000 after buying an additional 41,613 shares during the period. World Asset Management Inc boosted its stake in shares of Royal Bank of Scotland Group PLC by 8.7% in the third quarter. World Asset Management Inc now owns 392,148 shares of the financial services provider’s stock worth $1,827,000 after buying an additional 31,316 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Royal Bank of Scotland Group PLC during the third quarter valued at $4,731,000. Institutional investors own 0.32% of the company’s stock.

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

Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) traded up 1.04% on Monday, reaching $6.79. 488,279 shares of the company’s stock traded hands. The company’s market cap is $40.11 billion. The stock has a 50-day moving average price of $6.30 and a 200-day moving average price of $5.72. Royal Bank of Scotland Group PLC has a 12-month low of $3.91 and a 12-month high of $7.60.

Royal Bank of Scotland Group PLC (NYSE:RBS) last released its earnings results on Friday, April 28th. The financial services provider reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. Royal Bank of Scotland Group PLC had a negative net margin of 25.80% and a positive return on equity of 3.25%. The firm had revenue of $3.98 billion for the quarter. Equities research analysts anticipate that Royal Bank of Scotland Group PLC will post ($14.00) EPS for the current fiscal year.

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Several equities analysts have recently weighed in on RBS shares. Natixis upgraded shares of Royal Bank of Scotland Group PLC from a “reduce” rating to a “buy” rating in a report on Friday, March 17th. Berenberg Bank raised shares of Royal Bank of Scotland Group PLC from a “hold” rating to a “buy” rating in a research report on Thursday, March 2nd. Barclays PLC raised shares of Royal Bank of Scotland Group PLC from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, February 21st. Investec raised shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a report on Monday, March 27th. Finally, Deutsche Bank AG raised shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a report on Tuesday, February 7th. Eight investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Royal Bank of Scotland Group PLC has an average rating of “Hold” and a consensus target price of $5.38.

About Royal Bank of Scotland Group PLC

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.

5 Day Chart for NYSE:RBS

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