Crossmark Global Holdings Inc. lessened its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,641,880 shares of the company's stock after selling 32,373 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in NatWest Group were worth $16,698,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers boosted its holdings in shares of NatWest Group by 31.8% in the 2nd quarter. Rhumbline Advisers now owns 22,664 shares of the company's stock valued at $182,000 after acquiring an additional 5,472 shares during the last quarter. American Century Companies Inc. boosted its holdings in NatWest Group by 15.6% in the second quarter. American Century Companies Inc. now owns 1,021,341 shares of the company's stock valued at $8,201,000 after purchasing an additional 138,206 shares during the last quarter. Envestnet Asset Management Inc. grew its position in NatWest Group by 55.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company's stock worth $14,127,000 after purchasing an additional 627,097 shares during the period. Dimensional Fund Advisors LP grew its position 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 purchasing an additional 205,439 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of NatWest Group by 303.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 159,570 shares of the company's stock valued at $1,281,000 after buying an additional 120,054 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Jefferies Financial Group raised NatWest Group from an "underperform" rating to a "buy" rating in a report on Tuesday, October 15th. 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. Finally, The Goldman Sachs Group initiated coverage on shares of NatWest Group in a research note on Friday, October 4th. They issued a "buy" rating for the company. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, NatWest Group currently has a consensus rating of "Buy".
Check Out Our Latest Report on NWG
NatWest Group Price Performance
Shares of NatWest Group stock traded up $0.27 on Tuesday, hitting $10.48. The company's stock had a trading volume of 2,352,466 shares, compared to its average volume of 3,221,939. The company has a market capitalization of $42.19 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 0.76 and a beta of 1.31. NatWest Group plc has a 1 year low of $5.16 and a 1 year high of $10.75. 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 firm has a fifty day moving average price of $10.14 and a 200-day moving average price of $9.49.
NatWest Group Profile
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Free Report)
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.
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