Rehmann Capital Advisory Group Increases Stock Holdings in NatWest Group plc (NYSE:NWG)

Rehmann Capital Advisory Group raised its position in shares of NatWest Group plc (NYSE:NWG) by 2.8% during the 3rd quarter, Holdings Channel reports. The firm owned 62,994 shares of the company’s stock after buying an additional 1,709 shares during the quarter. Rehmann Capital Advisory Group’s holdings in NatWest Group were worth $590,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in NWG. Private Trust Co. NA raised its holdings in 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. Bruce G. Allen Investments LLC raised its holdings in shares of NatWest Group by 285.3% during the third 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 last quarter. Hexagon Capital Partners LLC grew its position in shares of NatWest Group by 134.5% in the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after purchasing an additional 1,980 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of NatWest Group by 45.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after purchasing an additional 1,259 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in NatWest Group by 61.9% in the third quarter. GAMMA Investing LLC now owns 7,391 shares of the company’s stock worth $69,000 after acquiring an additional 2,825 shares during the period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Performance

Shares of NWG stock opened at $10.45 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. The company’s 50-day simple moving average is $9.89 and its 200-day simple moving average is $9.11. NatWest Group plc has a one year low of $5.16 and a one year high of $10.75. The stock has a market capitalization of $43.38 billion, a price-to-earnings ratio of 7.91 and a beta of 1.32.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NWG. Kepler Capital Markets initiated coverage on NatWest Group in a research note on Thursday, September 5th. They issued a “buy” rating on the stock. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. The Goldman Sachs Group began coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating on the stock. Finally, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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.