Laurion Capital Management LP Takes $12.37 Million Position in Royce Value Trust Inc (RVT)

Laurion Capital Management LP purchased a new position in Royce Value Trust Inc (NYSE:RVT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 756,604 shares of the financial services provider’s stock, valued at approximately $12,370,000. Laurion Capital Management LP owned approximately 0.81% of Royce Value Trust as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. PNC Financial Services Group Inc. grew its stake in Royce Value Trust by 51.3% during the second quarter. PNC Financial Services Group Inc. now owns 9,246 shares of the financial services provider’s stock worth $147,000 after buying an additional 3,135 shares during the last quarter. Pring Turner Capital Group Inc. grew its stake in Royce Value Trust by 1.8% during the second quarter. Pring Turner Capital Group Inc. now owns 194,256 shares of the financial services provider’s stock worth $3,069,000 after buying an additional 3,350 shares during the last quarter. National Asset Management Inc. grew its stake in Royce Value Trust by 4.4% during the third quarter. National Asset Management Inc. now owns 94,704 shares of the financial services provider’s stock worth $1,548,000 after buying an additional 3,979 shares during the last quarter. Brown Advisory Inc. grew its stake in Royce Value Trust by 6.5% during the third quarter. Brown Advisory Inc. now owns 66,486 shares of the financial services provider’s stock worth $1,087,000 after buying an additional 4,053 shares during the last quarter. Finally, Wedbush Securities Inc. grew its stake in Royce Value Trust by 18.0% during the third quarter. Wedbush Securities Inc. now owns 33,855 shares of the financial services provider’s stock worth $554,000 after buying an additional 5,173 shares during the last quarter. 21.07% of the stock is owned by hedge funds and other institutional investors.

Shares of Royce Value Trust stock opened at $13.83 on Thursday. Royce Value Trust Inc has a 1-year low of $13.40 and a 1-year high of $17.18.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 27th. Shareholders of record on Thursday, December 13th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 10.70%. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, December 12th.

TRADEMARK VIOLATION WARNING: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/12/06/laurion-capital-management-lp-takes-12-37-million-position-in-royce-value-trust-inc-rvt.html.

Royce Value Trust Profile

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.

Recommended Story: How are the companies in the S&P 500 selected?

Want to see what other hedge funds are holding RVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royce Value Trust Inc (NYSE:RVT).

Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

Receive News & Ratings for Royce Value Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royce Value Trust and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply