NatWest Group plc (NYSE:NWG) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. increased its holdings in shares of NatWest Group plc (NYSE:NWG) by 0.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,674,253 shares of the company’s stock after purchasing an additional 6,387 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in NatWest Group were worth $15,671,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in NatWest Group in the 2nd quarter worth approximately $597,000. US Bancorp DE grew its holdings in shares of NatWest Group by 352.4% during the 3rd quarter. US Bancorp DE now owns 567,421 shares of the company’s stock worth $5,311,000 after acquiring an additional 442,002 shares during the period. QRG Capital Management Inc. grew its holdings in shares of NatWest Group by 78.8% during the 3rd quarter. QRG Capital Management Inc. now owns 329,582 shares of the company’s stock worth $3,085,000 after acquiring an additional 145,295 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of NatWest Group in the 1st quarter valued at about $44,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in NatWest Group by 43.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 28,263 shares of the company’s stock valued at $192,000 after purchasing an additional 8,595 shares during the period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

Shares of NYSE NWG traded down $0.06 during mid-day trading on Friday, hitting $9.98. 1,930,974 shares of the stock traded hands, compared to its average volume of 2,227,226. The company has a market cap of $41.44 billion, a PE ratio of 7.56 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 twelve month low of $4.79 and a twelve month high of $10.24. The firm has a 50 day simple moving average of $9.31 and a two-hundred day simple moving average of $8.73.

Analyst Ratings Changes

A number of analysts have weighed in 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. Jefferies Financial Group raised NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Kepler Capital Markets initiated coverage on shares of NatWest Group in a research note on Thursday, September 5th. They set a “buy” rating for the company. UBS Group upgraded NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. Finally, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company 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.