NatWest Group plc (NYSE:NWG) Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 81.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,112 shares of the company's stock after buying an additional 50,419 shares during the quarter. Assetmark Inc.'s holdings in NatWest Group were worth $1,049,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC raised its holdings 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 during the last quarter. SageView Advisory Group LLC acquired a new position in shares of NatWest Group in the 1st quarter valued at about $27,000. EverSource Wealth Advisors LLC grew its holdings in NatWest Group by 45.7% during the second 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 during the period. Hexagon Capital Partners LLC raised its position in NatWest Group by 134.5% during the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company's stock valued at $32,000 after acquiring an additional 1,980 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in NatWest Group by 65.7% in the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company's stock valued at $37,000 after acquiring an additional 1,810 shares during the period. Hedge funds and other institutional investors own 1.27% of the company's stock.

NatWest Group Stock Up 0.7 %

Shares of NWG traded up $0.07 during mid-day trading on Friday, hitting $10.03. 1,405,914 shares of the company's stock were exchanged, compared to its average volume of 2,211,958. The stock's 50-day moving average is $9.39 and its 200-day moving average is $8.80. 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 plc has a fifty-two week low of $4.98 and a fifty-two week high of $10.31. The company has a market cap of $41.65 billion, a price-to-earnings ratio of 7.55 and a beta of 1.32.

Analyst Ratings Changes

NWG has been the subject of several analyst reports. UBS Group upgraded shares of NatWest Group to a "strong-buy" rating in a research note on Tuesday, July 30th. Jefferies Financial Group upgraded shares of NatWest Group from an "underperform" rating to a "buy" rating in a research report on Tuesday, October 15th. The Goldman Sachs Group started coverage on NatWest Group in a report on Friday, October 4th. They issued a "buy" rating on the stock. Keefe, Bruyette & Woods raised NatWest Group from a "hold" rating to a "moderate buy" rating in a research note on Monday, November 4th. Finally, Kepler Capital Markets assumed coverage on shares of NatWest Group in a research report on Thursday, September 5th. They set a "buy" rating on the stock. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, NatWest Group 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.