Janney Montgomery Scott LLC boosted its position in Royal Bank of Scotland Group PLC (NYSE:RBS) by 47.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,173 shares of the financial services provider’s stock after buying an additional 11,619 shares during the period. Janney Montgomery Scott LLC’s holdings in Royal Bank of Scotland Group were worth $236,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of RBS. Renaissance Technologies LLC grew its position in Royal Bank of Scotland Group by 8.4% in the 2nd quarter. Renaissance Technologies LLC now owns 4,229,400 shares of the financial services provider’s stock valued at $28,760,000 after buying an additional 329,100 shares during the last quarter. Northern Trust Corp lifted its holdings in Royal Bank of Scotland Group by 8.8% in the second quarter. Northern Trust Corp now owns 3,394,933 shares of the financial services provider’s stock valued at $23,086,000 after acquiring an additional 275,077 shares during the period. Sanders Capital LLC acquired a new stake in Royal Bank of Scotland Group in the third quarter valued at $1,629,000. Jane Street Group LLC acquired a new stake in Royal Bank of Scotland Group in the second quarter valued at $1,401,000. Finally, Aperio Group LLC lifted its holdings in Royal Bank of Scotland Group by 13.9% in the third quarter. Aperio Group LLC now owns 1,028,166 shares of the financial services provider’s stock valued at $6,714,000 after acquiring an additional 125,557 shares during the period. Hedge funds and other institutional investors own 0.61% of the company’s stock.

RBS has been the subject of a number of recent analyst reports. Macquarie raised Royal Bank of Scotland Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, November 6th. Royal Bank of Canada raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Thursday, September 13th. Goldman Sachs Group raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Wednesday, September 12th. Citigroup raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Monday, August 20th. Finally, ValuEngine downgraded Royal Bank of Scotland Group from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $8.50.

NYSE:RBS opened at $5.44 on Thursday. The firm has a market cap of $33.57 billion, a PE ratio of 8.37 and a beta of 1.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.99 and a quick ratio of 0.99. Royal Bank of Scotland Group PLC has a 52-week low of $5.41 and a 52-week high of $8.74.

Royal Bank of Scotland Group (NYSE:RBS) last released its quarterly earnings results on Friday, October 26th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.09). The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.18 billion. Royal Bank of Scotland Group had a return on equity of 5.41% and a net margin of 7.46%. On average, analysts expect that Royal Bank of Scotland Group PLC will post 0.81 EPS for the current fiscal year.

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Royal Bank of Scotland Group Profile

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.

Further Reading: Risk Tolerance and Your Investment Decisions

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

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