Advisors Asset Management Inc. Has $864,000 Stake in NatWest Group plc (NYSE:NWG)

Advisors Asset Management Inc. lifted its position in shares of NatWest Group plc (NYSE:NWG) by 6.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,311 shares of the company’s stock after purchasing an additional 5,667 shares during the quarter. Advisors Asset Management Inc.’s holdings in NatWest Group were worth $864,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC boosted its holdings in shares of NatWest Group by 285.3% in the third 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 during the period. Hexagon Capital Partners LLC increased its position in shares of NatWest Group by 134.5% during the 3rd 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 last quarter. EverSource Wealth Advisors LLC raised its position in NatWest Group by 45.7% during the second 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. GAMMA Investing LLC lifted its stake in 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 purchasing an additional 1,810 shares during the last quarter. Finally, Marks Group Wealth Management Inc acquired a new stake in shares of NatWest Group in the third quarter valued at approximately $96,000. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Down 0.8 %

Shares of NWG opened at $9.92 on Wednesday. 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 stock has a market capitalization of $41.17 billion, a price-to-earnings ratio of 7.51 and a beta of 1.32. NatWest Group plc has a 52 week low of $5.16 and a 52 week high of $10.31. The stock has a fifty day moving average of $9.58 and a 200-day moving average of $8.93.

Analyst Upgrades and Downgrades

NWG has been the subject of a number of research reports. UBS Group upgraded shares of NatWest Group to a “strong-buy” rating in a research note on Tuesday, July 30th. Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. The Goldman Sachs Group began coverage on NatWest Group in a research note on Friday, October 4th. They set a “buy” rating for the company. Finally, Kepler Capital Markets assumed coverage on shares of NatWest Group in a research note on Thursday, September 5th. They issued a “buy” rating on the stock. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently 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.