NatWest Group plc (NYSE:NWG) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in NatWest Group plc (NYSE:NWG) by 394.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 246,575 shares of the company’s stock after purchasing an additional 196,724 shares during the quarter. Sanctuary Advisors LLC’s holdings in NatWest Group were worth $2,441,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NWG. Bruce G. Allen Investments LLC grew its position in NatWest Group by 285.3% in 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 period. Private Trust Co. NA grew its position in NatWest Group by 121.3% in the third quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after acquiring an additional 1,499 shares during the period. EverSource Wealth Advisors LLC grew its position in NatWest Group by 45.7% in 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 grew its position in NatWest Group by 134.5% in the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after acquiring an additional 1,980 shares during the period. Finally, GAMMA Investing LLC grew its position in NatWest Group by 61.9% in the third quarter. GAMMA Investing LLC now owns 7,391 shares of the company’s stock worth $69,000 after acquiring an additional 2,825 shares during the period. Institutional investors and hedge funds own 1.27% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on NWG. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Kepler Capital Markets assumed coverage on NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating for the company. The Goldman Sachs Group assumed coverage on NatWest Group in a research report on Friday, October 4th. They set a “buy” rating for the company. Finally, Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group has a consensus rating of “Buy”.

NatWest Group Stock Down 1.8 %

Shares of NYSE NWG opened at $10.25 on Wednesday. The stock has a market cap of $41.20 billion, a P/E ratio of 7.76 and a beta of 1.32. 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. The business’s fifty day simple moving average is $9.95 and its 200-day simple moving average is $9.17.

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.