Quantbot Technologies LP Buys New Position in NatWest Group plc (NYSE:NWG)

Quantbot Technologies LP acquired a new position in shares of NatWest Group plc (NYSE:NWG - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 61,160 shares of the company's stock, valued at approximately $572,000.

Other institutional investors have also recently modified their holdings of the company. Bruce G. Allen Investments LLC boosted its position in 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 acquiring an additional 2,083 shares during the last quarter. Private Trust Co. NA grew its position in shares of NatWest Group by 121.3% in the third quarter. Private Trust Co. NA now owns 2,735 shares of the company's stock valued at $26,000 after purchasing an additional 1,499 shares during the period. EverSource Wealth Advisors LLC increased its stake in NatWest Group by 45.7% in 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 during the last quarter. Hexagon Capital Partners LLC lifted 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 worth $32,000 after buying an additional 1,980 shares during the period. Finally, GAMMA Investing LLC boosted its stake in NatWest Group by 65.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company's stock worth $37,000 after buying an additional 1,810 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Trading Up 0.5 %

NYSE NWG traded up $0.05 during mid-day trading on Tuesday, hitting $10.44. The company's stock had a trading volume of 1,308,195 shares, compared to its average volume of 2,199,014. The firm has a market capitalization of $43.35 billion, a P/E ratio of 7.87 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. NatWest Group plc has a 52-week low of $5.16 and a 52-week high of $10.51. The stock's fifty day simple moving average is $9.64 and its two-hundred day simple moving average is $8.97.

Analyst Ratings Changes

A number of research firms have recently commented on NWG. 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. Kepler Capital Markets assumed coverage on shares of NatWest Group in a research note on Thursday, September 5th. They set a "buy" rating on the stock. Jefferies Financial Group raised shares of NatWest Group from an "underperform" rating to a "buy" rating in a research note on Tuesday, October 15th. Finally, The Goldman Sachs Group started coverage on NatWest Group in a research report on Friday, October 4th. They issued a "buy" rating on the stock. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy".

NatWest Group 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.