Quantinno Capital Management LP Purchases 92,684 Shares of NatWest Group plc (NYSE:NWG)

Quantinno Capital Management LP boosted its position in shares of NatWest Group plc (NYSE:NWG) by 48.8% in the third quarter, HoldingsChannel reports. The fund owned 282,578 shares of the company’s stock after purchasing an additional 92,684 shares during the quarter. Quantinno Capital Management LP’s holdings in NatWest Group were worth $2,645,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NWG. Bruce G. Allen Investments LLC increased its position in shares of 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 purchasing an additional 2,083 shares in the last quarter. Private Trust Co. NA grew its stake in NatWest Group by 121.3% during the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after buying an additional 1,499 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in NatWest Group by 45.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after buying an additional 1,259 shares in the last quarter. Hexagon Capital Partners LLC raised its stake in NatWest Group by 134.5% in the third 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 last quarter. Finally, GAMMA Investing LLC boosted its holdings 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 in the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Trading Down 0.4 %

Shares of NYSE:NWG opened at $10.59 on Tuesday. The business has a 50-day moving average price of $9.77 and a 200-day moving average price of $9.05. The stock has a market cap of $43.98 billion, a price-to-earnings ratio of 8.04 and a beta of 1.32. NatWest Group plc has a 52-week low of $5.16 and a 52-week high of $10.75. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of NatWest Group in a report on Friday, October 4th. They set a “buy” rating on the stock. Kepler Capital Markets began 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 upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company 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.