NWQ Investment Management Company LLC Has $23.81 Million Holdings in Royal Bank of Scotland Group PLC (NYSE:RBS)

NWQ Investment Management Company LLC cut its holdings in Royal Bank of Scotland Group PLC (NYSE:RBS) by 4.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,270,912 shares of the financial services provider’s stock after selling 151,539 shares during the quarter. NWQ Investment Management Company LLC owned approximately 0.06% of Royal Bank of Scotland Group worth $23,812,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in RBS. LMR Partners LLP grew its position in Royal Bank of Scotland Group by 83.9% during the 2nd quarter. LMR Partners LLP now owns 1,268,938 shares of the financial services provider’s stock valued at $8,172,000 after purchasing an additional 578,938 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Royal Bank of Scotland Group by 13.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,771,992 shares of the financial services provider’s stock valued at $24,631,000 after purchasing an additional 439,887 shares during the last quarter. Bank of New York Mellon Corp grew its position in Royal Bank of Scotland Group by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,738,718 shares of the financial services provider’s stock valued at $34,499,000 after purchasing an additional 226,956 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in Royal Bank of Scotland Group during the 3rd quarter valued at about $1,101,000. Finally, Parametric Portfolio Associates LLC lifted its stake in Royal Bank of Scotland Group by 8.0% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,638,837 shares of the financial services provider’s stock valued at $10,702,000 after acquiring an additional 121,548 shares during the period. 0.48% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Royal Bank of Scotland Group PLC (RBS) traded down $0.09 on Friday, reaching $7.48. The company had a trading volume of 664,057 shares, compared to its average volume of 737,763. The company has a market capitalization of $44,738.99, a P/E ratio of 9.84 and a beta of 1.12. Royal Bank of Scotland Group PLC has a 12 month low of $5.37 and a 12 month high of $7.68. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.98 and a current ratio of 0.98.

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

RBS has been the topic of several research analyst reports. Royal Bank of Canada upgraded shares of Royal Bank of Scotland Group from an “underperform” rating to a “sector perform” rating in a research note on Monday, September 4th. ValuEngine cut shares of Royal Bank of Scotland Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Macquarie cut shares of Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 29th. BNP Paribas upgraded shares of Royal Bank of Scotland Group from a “neutral” rating to an “outperform” rating in a research note on Thursday, October 5th. Finally, Zacks Investment Research lowered shares of Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Thirteen equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Royal Bank of Scotland Group has a consensus rating of “Hold” and a consensus price target of $8.25.

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Royal Bank of Scotland Group 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 of Scotland Group (NYSE:RBS)

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