Royal Bank of Scotland Group PLC (NYSE:RBS) Shares Purchased by Sanders Capital LLC

Sanders Capital LLC lifted its position in Royal Bank of Scotland Group PLC (NYSE:RBS) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,700 shares of the financial services provider’s stock after purchasing an additional 3,600 shares during the period. Sanders Capital LLC’s holdings in Royal Bank of Scotland Group were worth $1,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quadrant Capital Group LLC lifted its stake in shares of Royal Bank of Scotland Group by 81.9% in the 1st quarter. Quadrant Capital Group LLC now owns 33,061 shares of the financial services provider’s stock valued at $212,000 after purchasing an additional 14,886 shares during the period. Wetherby Asset Management Inc. lifted its stake in shares of Royal Bank of Scotland Group by 22.4% in the 1st quarter. Wetherby Asset Management Inc. now owns 28,316 shares of the financial services provider’s stock valued at $185,000 after purchasing an additional 5,183 shares during the period. Advisor Partners LLC lifted its stake in shares of Royal Bank of Scotland Group by 22.9% in the 1st quarter. Advisor Partners LLC now owns 15,027 shares of the financial services provider’s stock valued at $98,000 after purchasing an additional 2,796 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Royal Bank of Scotland Group by 17.5% in the 4th quarter. Two Sigma Advisers LP now owns 120,400 shares of the financial services provider’s stock valued at $673,000 after purchasing an additional 17,900 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Royal Bank of Scotland Group by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,326,539 shares of the financial services provider’s stock valued at $24,185,000 after purchasing an additional 236,472 shares during the period. Hedge funds and other institutional investors own 0.61% of the company’s stock.

NYSE:RBS traded down $0.28 during trading hours on Friday, reaching $4.99. 52,515 shares of the company were exchanged, compared to its average volume of 509,883. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a 50-day moving average of $5.68. The firm has a market cap of $31.75 billion, a price-to-earnings ratio of 10.42 and a beta of 1.08. Royal Bank of Scotland Group PLC has a twelve month low of $4.98 and a twelve month high of $7.31.

Several research firms recently issued reports on RBS. Numis Securities upgraded shares of Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a research note on Wednesday, May 1st. Zacks Investment Research cut shares of Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Bank of America cut shares of Royal Bank of Scotland Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 23rd. Keefe, Bruyette & Woods cut shares of Royal Bank of Scotland Group from an “outperform” rating to an “underperform” rating in a research note on Wednesday, May 1st. Finally, ValuEngine cut shares of Royal Bank of Scotland Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 23rd. Three analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $6.25.

About Royal Bank of Scotland Group

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.

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

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