The Royal Bank of Scotland Group PLC (RBS) Position Held by Flaherty & Crumrine Inc.

The Royal Bank of Scotland Group PLC (RBS) Position Held by Flaherty & Crumrine Inc.

A number of other large investors also recently bought and sold shares of RBS. Stevens Capital Management LP bought a new stake in Royal Bank of Scotland Group PLC during the first quarter worth approximately $176,000. Toronto Dominion Bank bought a new stake in Royal Bank of Scotland Group PLC during the first quarter worth approximately $170,000. Karp Capital Management Corp bought a new stake in Royal Bank of Scotland Group PLC during the first quarter worth approximately $2,866,000. World Asset Management Inc increased its stake in Royal Bank of Scotland Group PLC by 1.7% in the first quarter. World Asset Management Inc now owns 367,039 shares of the financial services provider’s stock worth $2,228,000 after buying an additional 6,286 shares during the period. Finally, Comerica Bank increased its stake in Royal Bank of Scotland Group PLC by 1.3% in the first quarter. Comerica Bank now owns 343,344 shares of the financial services provider’s stock worth $2,245,000 after buying an additional 4,464 shares during the period. 0.32% of the stock is owned by institutional investors and hedge funds.

Flaherty & Crumrine Inc. maintained its stake in Royal Bank of Scotland Group PLC (NYSE:RBS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,400 shares of the financial services provider’s stock at the end of the first quarter. Royal Bank of Scotland Group PLC makes up 0.2% of Flaherty & Crumrine Inc.’s holdings, making the stock its 8th largest position. Flaherty & Crumrine Inc.’s holdings in Royal Bank of Scotland Group PLC were worth $221,000 at the end of the most recent quarter.

Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) remained flat at $6.70 during mid-day trading on Friday. 532,180 shares of the company’s stock were exchanged. Royal Bank of Scotland Group PLC has a 52 week low of $3.91 and a 52 week high of $7.51. The company’s 50-day moving average price is $6.67 and its 200 day moving average price is $5.93. The stock’s market cap is $39.58 billion.

Several research analysts have recently weighed in on RBS shares. Natixis upgraded shares of Royal Bank of Scotland Group PLC from a “reduce” rating to a “buy” rating in a research note on Friday, March 17th. Barclays PLC upgraded shares of Royal Bank of Scotland Group PLC from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, February 21st. Investec upgraded shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a research note on Monday, March 27th. Keefe, Bruyette & Woods upgraded shares of Royal Bank of Scotland Group PLC from a “market perform” rating to an “outperform” rating in a research note on Friday, April 21st. Finally, Macquarie upgraded shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, April 21st. Nine analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $5.38. About Royal Bank of Scotland Group PLC

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “RBS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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