Signaturefd LLC Grows Holdings in NatWest Group plc (NYSE:NWG)

Signaturefd LLC raised its position in NatWest Group plc (NYSE:NWG) by 10.2% in the third quarter, Holdings Channel reports. The institutional investor owned 57,864 shares of the company’s stock after purchasing an additional 5,370 shares during the period. Signaturefd LLC’s holdings in NatWest Group were worth $542,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in shares of NatWest Group by 4.4% during the second quarter. Sequoia Financial Advisors LLC now owns 29,328 shares of the company’s stock worth $236,000 after purchasing an additional 1,230 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 1,259 shares in the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of NatWest Group by 4.9% during the first quarter. First Trust Direct Indexing L.P. now owns 31,986 shares of the company’s stock worth $218,000 after purchasing an additional 1,501 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of NatWest Group by 65.7% during the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after purchasing an additional 1,810 shares in the last quarter. Finally, Hexagon Capital Partners LLC increased its stake in shares of 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 purchasing an additional 1,980 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Performance

NWG opened at $9.49 on Friday. The firm has a market capitalization of $39.51 billion, a PE ratio of 7.90 and a beta of 1.33. NatWest Group plc has a twelve month low of $4.30 and a twelve month high of $9.83. The firm’s 50-day moving average price is $9.17 and its 200 day moving average price is $8.51. The company has a current ratio of 1.07, a quick ratio of 1.08 and a debt-to-equity ratio of 0.16.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Friday, July 26th. The company reported $0.35 earnings per share for the quarter. The business had revenue of $4.62 billion for the quarter. As a group, sell-side analysts expect that NatWest Group plc will post 1.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NWG has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on shares of NatWest Group in a research note on Friday, October 4th. They set a “buy” rating for the company. Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Kepler Capital Markets initiated coverage on shares of NatWest Group in a research report on Thursday, September 5th. They set a “buy” rating on the stock. Finally, UBS Group upgraded shares of NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group presently has an average 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.