Aperio Group LLC lowered its position in shares of Royal Bank Scotland PLC (The) (NYSE:RBS) by 2.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 691,244 shares of the financial services provider’s stock after selling 13,871 shares during the quarter. Aperio Group LLC’s holdings in Royal Bank Scotland PLC (The) were worth $5,032,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capstone Asset Management Co. grew its position in shares of Royal Bank Scotland PLC (The) by 1.0% in the second quarter. Capstone Asset Management Co. now owns 122,588 shares of the financial services provider’s stock valued at $800,000 after purchasing an additional 1,210 shares in the last quarter. Wetherby Asset Management Inc. grew its position in shares of Royal Bank Scotland PLC (The) by 24.4% in the second quarter. Wetherby Asset Management Inc. now owns 16,099 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 3,159 shares in the last quarter. Quantbot Technologies LP grew its position in shares of Royal Bank Scotland PLC (The) by 109.5% in the second quarter. Quantbot Technologies LP now owns 26,025 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 13,600 shares in the last quarter. Grove Bank & Trust grew its position in shares of Royal Bank Scotland PLC (The) by 259.2% in the second quarter. Grove Bank & Trust now owns 19,610 shares of the financial services provider’s stock valued at $128,000 after purchasing an additional 14,150 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Royal Bank Scotland PLC (The) in the second quarter valued at approximately $102,000. 0.46% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on RBS. Citigroup Inc. upgraded Royal Bank Scotland PLC (The) from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 10th. Credit Suisse Group upgraded Royal Bank Scotland PLC (The) from an “underperform” rating to a “neutral” rating in a research report on Tuesday, October 10th. BNP Paribas upgraded Royal Bank Scotland PLC (The) from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 5th. ValuEngine upgraded Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded Royal Bank Scotland PLC (The) from a “hold” rating to a “buy” rating and set a $8.25 price target for the company in a research report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $8.25.

Royal Bank Scotland PLC (NYSE:RBS) opened at $7.30 on Wednesday. The firm has a market capitalization of $43,822.44, a P/E ratio of 9.71 and a beta of 1.12. Royal Bank Scotland PLC has a 52-week low of $4.58 and a 52-week high of $7.64. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.98 and a quick ratio of 0.98.

Royal Bank Scotland PLC (The) (NYSE:RBS) last issued its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $4.13 billion during the quarter, compared to analyst estimates of $4.19 billion. Royal Bank Scotland PLC (The) had a positive return on equity of 7.75% and a negative net margin of 17.46%. analysts anticipate that Royal Bank Scotland PLC will post 0.7 EPS for the current fiscal year.

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Royal Bank Scotland PLC (The) 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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