Atria Investments Inc Decreases Stock Holdings in NatWest Group plc (NYSE:NWG)

Atria Investments Inc lessened its stake in shares of NatWest Group plc (NYSE:NWG) by 11.2% during the third quarter, HoldingsChannel.com reports. The fund owned 94,831 shares of the company’s stock after selling 11,953 shares during the quarter. Atria Investments Inc’s holdings in NatWest Group were worth $888,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in NWG. Bruce G. Allen Investments LLC lifted 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 valued at $26,000 after purchasing an additional 2,083 shares during the period. Hexagon Capital Partners LLC lifted its holdings in shares of NatWest Group by 134.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after buying an additional 1,980 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of NatWest Group by 45.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after buying an additional 1,259 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of NatWest Group by 65.7% in the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after acquiring an additional 1,810 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in NatWest Group during the first quarter valued at $44,000. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Trading Up 1.2 %

Shares of NYSE:NWG opened at $10.08 on Monday. The stock has a 50 day moving average of $9.42 and a 200 day moving average of $8.83. The company has a market cap of $41.86 billion, a PE ratio of 7.64 and a beta of 1.32. NatWest Group plc has a 12-month low of $4.98 and a 12-month high of $10.31. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NWG shares. Kepler Capital Markets assumed coverage on NatWest Group in a research note on Thursday, September 5th. They set a “buy” rating for the company. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report 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. UBS Group raised shares of NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. Finally, The Goldman Sachs Group began coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.