NatWest Group plc (NYSE:NWG) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors boosted its holdings in NatWest Group plc (NYSE:NWG) by 24.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,662 shares of the company’s stock after buying an additional 3,854 shares during the period. Captrust Financial Advisors’ holdings in NatWest Group were worth $184,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Financial Counselors Inc. boosted its stake in NatWest Group by 10.0% in the 3rd quarter. Financial Counselors Inc. now owns 39,120 shares of the company’s stock worth $366,000 after buying an additional 3,567 shares during the last quarter. Townsquare Capital LLC purchased a new position in shares of NatWest Group in the 3rd quarter worth about $151,000. Quantbot Technologies LP purchased a new position in shares of NatWest Group in the 3rd quarter worth about $572,000. FMR LLC raised its holdings in shares of NatWest Group by 57.0% in the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after purchasing an additional 721,578 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of NatWest Group by 121.3% in the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after purchasing an additional 1,499 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. The Goldman Sachs Group assumed coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating on the stock. Finally, Kepler Capital Markets started coverage on NatWest Group in a report on Thursday, September 5th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

NatWest Group Stock Performance

Shares of NYSE:NWG opened at $10.43 on Tuesday. The company has a market cap of $41.95 billion, a P/E ratio of 7.90 and a beta of 1.32. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a one year low of $5.16 and a one year high of $10.75. The business’s 50-day simple moving average is $9.93 and its 200 day simple moving average is $9.15.

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.