Ballentine Partners LLC Has $445,000 Stake in NatWest Group plc (NYSE:NWG)

Ballentine Partners LLC increased its holdings in shares of NatWest Group plc (NYSE:NWG) by 17.0% during the fourth quarter, Holdings Channel reports. The fund owned 43,755 shares of the company’s stock after acquiring an additional 6,343 shares during the quarter. Ballentine Partners LLC’s holdings in NatWest Group were worth $445,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Aaron Wealth Advisors LLC increased its holdings in shares of NatWest Group by 7.8% in the fourth quarter. Aaron Wealth Advisors LLC now owns 35,104 shares of the company’s stock valued at $357,000 after purchasing an additional 2,529 shares during the last quarter. HB Wealth Management LLC acquired a new position in NatWest Group in the 4th quarter valued at about $183,000. Merit Financial Group LLC bought a new position in NatWest Group in the 4th quarter valued at about $174,000. Goldstone Financial Group LLC boosted its holdings in shares of NatWest Group by 33.2% during the fourth quarter. Goldstone Financial Group LLC now owns 42,623 shares of the company’s stock worth $433,000 after acquiring an additional 10,634 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in shares of NatWest Group by 56.6% during the fourth quarter. Ritholtz Wealth Management now owns 204,513 shares of the company’s stock worth $2,080,000 after acquiring an additional 73,934 shares during the period. Institutional investors own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NWG. The Goldman Sachs Group initiated coverage on NatWest Group in a report on Friday, October 4th. They set a “buy” rating for the company. Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Finally, Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

NatWest Group Price Performance

NatWest Group stock opened at $10.71 on Friday. The firm has a market cap of $43.11 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.78 and a beta of 1.31. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s fifty day moving average price is $10.16 and its two-hundred day moving average price is $9.50. NatWest Group plc has a one year low of $5.16 and a one year high of $10.75.

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.