Quantinno Capital Management LP Raises Stock Holdings in NatWest Group plc (NYSE:NWG)

Quantinno Capital Management LP boosted its holdings in shares of NatWest Group plc (NYSE:NWG) by 48.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 282,578 shares of the company’s stock after acquiring an additional 92,684 shares during the quarter. Quantinno Capital Management LP’s holdings in NatWest Group were worth $2,645,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of NWG. Private Trust Co. NA boosted its stake in shares of NatWest Group by 121.3% during the third quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock valued at $26,000 after purchasing an additional 1,499 shares during the period. Bruce G. Allen Investments LLC lifted its holdings in 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 buying an additional 2,083 shares in the last quarter. Hexagon Capital Partners LLC boosted its position in NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after buying an additional 1,980 shares during the period. EverSource Wealth Advisors LLC grew its stake in NatWest Group by 45.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after acquiring an additional 1,259 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of NatWest Group by 61.9% during the third quarter. GAMMA Investing LLC now owns 7,391 shares of the company’s stock valued at $69,000 after acquiring an additional 2,825 shares in the last quarter. Institutional investors own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

NWG has been the topic of several research analyst reports. Kepler Capital Markets assumed coverage on 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. Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, The Goldman Sachs Group began coverage on shares of NatWest Group in a research report on Friday, October 4th. They set a “buy” rating on the stock. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Stock Down 0.4 %

Shares of NYSE NWG opened at $10.59 on Tuesday. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.75. The stock’s fifty day simple moving average is $9.77 and its two-hundred day simple moving average is $9.05. The stock has a market capitalization of $43.98 billion, a PE ratio of 8.04 and a beta of 1.32. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17.

NatWest Group Company 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.