Venturi Wealth Management LLC Has $786,000 Holdings in NatWest Group plc (NYSE:NWG)

Venturi Wealth Management LLC raised its stake in NatWest Group plc (NYSE:NWG) by 8.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 83,942 shares of the company’s stock after buying an additional 6,229 shares during the period. Venturi Wealth Management LLC’s holdings in NatWest Group were worth $786,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NWG. Allspring Global Investments Holdings LLC acquired a new stake in NatWest Group in the first quarter valued at $44,000. Janney Montgomery Scott LLC acquired a new stake in shares of NatWest Group in the 1st quarter valued at about $432,000. Envestnet Portfolio Solutions Inc. increased its position in NatWest Group by 43.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 28,263 shares of the company’s stock valued at $192,000 after buying an additional 8,595 shares in the last quarter. Atomi Financial Group Inc. raised its position in shares of NatWest Group by 62.7% during the first quarter. Atomi Financial Group Inc. now owns 17,439 shares of the company’s stock worth $119,000 after purchasing an additional 6,723 shares during the period. Finally, Sei Investments Co. raised its holdings in NatWest Group by 14.5% during the first quarter. Sei Investments Co. now owns 315,011 shares of the company’s stock worth $2,142,000 after buying an additional 39,911 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

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

NatWest Group Price Performance

Shares of NYSE NWG opened at $10.25 on Tuesday. 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 company has a market capitalization of $42.54 billion, a PE ratio of 7.76 and a beta of 1.32. The stock’s 50 day moving average price is $9.33 and its 200-day moving average price is $8.77. NatWest Group plc has a twelve month low of $4.79 and a twelve month high of $10.31.

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.