Natixis Advisors LLC Acquires 1,031,057 Shares of NatWest Group plc (NYSE:NWG)

Natixis Advisors LLC increased its holdings in shares of NatWest Group plc (NYSE:NWG) by 10.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,709,944 shares of the company’s stock after acquiring an additional 1,031,057 shares during the quarter. Natixis Advisors LLC’s holdings in NatWest Group were worth $100,245,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Bruce G. Allen Investments LLC lifted its position in shares of NatWest Group by 285.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock valued at $26,000 after acquiring an additional 2,083 shares during the period. Hexagon Capital Partners LLC lifted its position in NatWest Group by 134.5% during the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after purchasing an additional 1,980 shares during the period. SageView Advisory Group LLC bought a new position in NatWest Group in the 1st quarter valued at about $27,000. EverSource Wealth Advisors LLC increased its holdings in NatWest Group by 45.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after buying an additional 1,259 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of NatWest Group by 65.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock valued at $37,000 after buying an additional 1,810 shares in the last quarter. 1.27% of the stock is owned by institutional investors.

NatWest Group Price Performance

Shares of NWG opened at $10.08 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17. The stock has a market cap of $41.86 billion, a PE ratio of 7.64 and a beta of 1.32. NatWest Group plc has a 12-month low of $4.98 and a 12-month high of $10.31. The business has a 50-day simple moving average of $9.42 and a two-hundred day simple moving average of $8.82.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Kepler Capital Markets started coverage on shares of NatWest Group in a research note on Thursday, September 5th. They issued a “buy” rating on the stock. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. UBS Group upgraded NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. The Goldman Sachs Group started coverage on NatWest Group in a research report on Friday, October 4th. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

NatWest Group Profile

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.