NatWest Group plc (NYSE:NWG) Shares Bought by Cerity Partners LLC

Cerity Partners LLC grew its holdings in NatWest Group plc (NYSE:NWG) by 72.6% during the third quarter, HoldingsChannel.com reports. The fund owned 84,385 shares of the company’s stock after purchasing an additional 35,499 shares during the quarter. Cerity Partners LLC’s holdings in NatWest Group were worth $790,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC lifted its stake 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 worth $26,000 after purchasing an additional 2,083 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 1,259 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after acquiring an additional 1,980 shares during the period. GAMMA Investing LLC boosted its holdings in NatWest Group by 65.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after acquiring an additional 1,810 shares during the period. Finally, Marks Group Wealth Management Inc acquired a new stake in NatWest Group in the third quarter valued at approximately $96,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Stock Up 1.7 %

Shares of NYSE:NWG opened at $10.57 on Friday. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.62. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The firm has a market cap of $43.87 billion, a PE ratio of 8.00 and a beta of 1.32. The company has a fifty day simple moving average of $9.74 and a 200 day simple moving average of $9.02.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NWG shares. 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. Kepler Capital Markets started coverage on shares of NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating for the company. Jefferies Financial Group raised NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group initiated coverage on NatWest Group in a research note on Friday, October 4th. 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. According to MarketBeat.com, the company 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.