Pathstone Holdings LLC Cuts Holdings in NatWest Group plc (NYSE:NWG)

Pathstone Holdings LLC reduced its position in NatWest Group plc (NYSE:NWG) by 25.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 354,447 shares of the company’s stock after selling 119,277 shares during the period. Pathstone Holdings LLC’s holdings in NatWest Group were worth $3,318,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its holdings in shares of NatWest Group by 4.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 29,328 shares of the company’s stock worth $236,000 after acquiring an additional 1,230 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in NatWest Group by 45.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after purchasing an additional 1,259 shares in the last quarter. GAMMA Investing LLC lifted its position in NatWest Group by 65.7% during the second 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. Hexagon Capital Partners LLC increased its holdings 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 buying an additional 1,980 shares during the last quarter. Finally, 9258 Wealth Management LLC raised its position in shares of NatWest Group by 18.2% during the 2nd quarter. 9258 Wealth Management LLC now owns 13,016 shares of the company’s stock valued at $105,000 after buying an additional 2,002 shares in the last quarter. 1.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

NatWest Group Trading Down 3.0 %

Shares of NYSE NWG opened at $9.90 on Monday. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.31. 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 company has a market cap of $41.11 billion, a price-to-earnings ratio of 7.50 and a beta of 1.32. The business’s 50 day moving average price is $9.55 and its 200-day moving average price is $8.91.

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.