Captrust Financial Advisors Boosts Stock Position in NatWest Group plc (NYSE:NWG)

Captrust Financial Advisors boosted its holdings in shares of NatWest Group plc (NYSE:NWG) by 24.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,662 shares of the company’s stock after purchasing an additional 3,854 shares during the quarter. Captrust Financial Advisors’ holdings in NatWest Group were worth $184,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bruce G. Allen Investments LLC grew its position in shares of NatWest Group by 285.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock worth $26,000 after acquiring an additional 2,083 shares in the last quarter. Private Trust Co. NA grew its position in shares of 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 acquiring an additional 1,499 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of NatWest Group by 45.7% in 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 grew its position in shares of 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 in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of NatWest Group by 61.9% in the 3rd quarter. GAMMA Investing LLC now owns 7,391 shares of the company’s stock worth $69,000 after acquiring an additional 2,825 shares in the last quarter. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

NatWest Group Trading Up 0.6 %

NYSE:NWG opened at $10.43 on Tuesday. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.75. The firm has a market capitalization of $41.95 billion, a P/E ratio of 7.90 and a beta of 1.32. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50 day simple moving average of $9.93 and a 200 day simple moving average of $9.15.

Analyst Ratings Changes

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

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.