Dimensional Fund Advisors LP increased its position in shares of Royal Bank Scotland PLC (The) (NYSE:RBS) by 10.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,332,105 shares of the financial services provider’s stock after buying an additional 307,009 shares during the period. Dimensional Fund Advisors LP’s holdings in Royal Bank Scotland PLC (The) were worth $20,226,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. LMR Partners LLP bought a new stake in Royal Bank Scotland PLC (The) during the first quarter worth about $4,188,000. Karp Capital Management Corp bought a new stake in Royal Bank Scotland PLC (The) during the first quarter worth about $2,866,000. Narwhal Capital Management increased its stake in 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 worth $847,000 after buying an additional 46,800 shares in the last quarter. Stevens Capital Management LP bought a new stake in Royal Bank Scotland PLC (The) during the first quarter worth about $176,000. Finally, Toronto Dominion Bank bought a new stake in Royal Bank Scotland PLC (The) during the first quarter worth about $170,000. 0.43% of the stock is currently owned by institutional investors and hedge funds.

Royal Bank Scotland PLC (NYSE:RBS) traded up 0.373% during trading on Friday, reaching $6.725. The company had a trading volume of 363,422 shares. The company has a 50-day moving average price of $6.64 and a 200 day moving average price of $6.33. Royal Bank Scotland PLC has a one year low of $4.18 and a one year high of $7.06. The company’s market capitalization is $39.88 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 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.10. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.10 billion. Royal Bank Scotland PLC (The) had a negative net margin of 23.27% and a positive return on equity of 6.92%. Analysts expect that Royal Bank Scotland PLC will post ($14.00) earnings per share for the current year.

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A number of analysts recently issued reports on RBS shares. BidaskClub raised Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 8th. Investec downgraded Royal Bank Scotland PLC (The) from a “hold” rating to a “sell” rating in a research 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 research 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 research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Royal Bank Scotland PLC (The) currently has a consensus rating of “Hold” and an average price target 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.

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

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