Quantbot Technologies LP Invests $572,000 in NatWest Group plc (NYSE:NWG)

Quantbot Technologies LP acquired a new stake in NatWest Group plc (NYSE:NWG) during the third quarter, HoldingsChannel reports. The fund acquired 61,160 shares of the company’s stock, valued at approximately $572,000.

Several other institutional investors also recently bought and sold shares of NWG. 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 acquiring an additional 2,083 shares in the last quarter. Private Trust Co. NA boosted 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 valued at $26,000 after purchasing an additional 1,499 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in NatWest Group by 45.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after purchasing an additional 1,259 shares during the period. Hexagon Capital Partners LLC raised its stake 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 buying an additional 1,980 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings 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 during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Kepler Capital Markets assumed coverage on NatWest Group in a report on Thursday, September 5th. They set a “buy” rating on the stock. Jefferies Financial Group upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Finally, The Goldman Sachs Group assumed coverage on shares of NatWest Group in a research report on Friday, October 4th. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

NatWest Group Stock Up 0.5 %

NWG opened at $10.39 on Tuesday. NatWest Group plc has a one year low of $5.16 and a one year high of $10.43. The company has a market cap of $43.15 billion, a price-to-earnings ratio of 7.87 and a beta of 1.32. The business’s fifty day moving average is $9.64 and its two-hundred day moving average is $8.97. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06.

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.