NatWest Group plc (NYSE:NWG) Shares Bought by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group increased its position in shares of NatWest Group plc (NYSE:NWG) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,994 shares of the company’s stock after acquiring an additional 1,709 shares during the quarter. Rehmann Capital Advisory Group’s holdings in NatWest Group were worth $590,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in NWG. Natixis Advisors LLC boosted its holdings in NatWest Group by 10.7% in the 3rd quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after purchasing an additional 1,031,057 shares during the period. Dimensional Fund Advisors LP boosted its stake in NatWest Group by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company’s stock worth $56,615,000 after acquiring an additional 205,439 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in NatWest Group by 9.4% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 2,623,571 shares of the company’s stock worth $21,068,000 after buying an additional 224,900 shares during the period. Raymond James & Associates raised its holdings in NatWest Group by 6.7% during the 3rd quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock worth $24,001,000 after buying an additional 162,068 shares during the period. Finally, FMR LLC raised its holdings in NatWest Group by 57.0% during the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after buying an additional 721,578 shares during the period. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Stock Down 1.0 %

Shares of NYSE NWG opened at $10.45 on Friday. The firm has a market capitalization of $43.38 billion, a price-to-earnings ratio of 7.91 and a beta of 1.32. The business has a 50-day moving average of $9.89 and a 200-day moving average of $9.11. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. NatWest Group plc has a 12 month low of $5.16 and a 12 month high of $10.75.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in 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 raised 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 NatWest Group in a report on Thursday, September 5th. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of NatWest Group in a research report on Friday, October 4th. They set a “buy” rating for the company. Three investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average 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.