Coldstream Capital Management Inc. Purchases 5,233 Shares of NatWest Group plc (NYSE:NWG)

Coldstream Capital Management Inc. lifted its position in NatWest Group plc (NYSE:NWG) by 44.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,070 shares of the company’s stock after purchasing an additional 5,233 shares during the quarter. Coldstream Capital Management Inc.’s holdings in NatWest Group were worth $160,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Natixis Advisors LLC raised its holdings in shares of NatWest Group by 28.4% in the 2nd quarter. Natixis Advisors LLC now owns 9,678,887 shares of the company’s stock valued at $77,721,000 after acquiring an additional 2,139,290 shares in the last quarter. Mediolanum International Funds Ltd bought a new stake in NatWest Group during the third quarter valued at approximately $11,420,000. Raymond James & Associates increased its holdings in shares of NatWest Group by 46.8% in the 2nd quarter. Raymond James & Associates now owns 2,402,184 shares of the company’s stock worth $19,290,000 after buying an additional 765,671 shares during the last quarter. FMR LLC raised its position in shares of NatWest Group by 57.0% during the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after buying an additional 721,578 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in NatWest Group by 55.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company’s stock valued at $14,127,000 after acquiring an additional 627,097 shares during the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Performance

Shares of NWG stock opened at $10.25 on Wednesday. The company has a market capitalization of $41.20 billion, a P/E ratio of 7.76 and a beta of 1.32. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $9.17.

Analyst Ratings Changes

A number of analysts recently weighed in on NWG shares. The Goldman Sachs Group began coverage on NatWest Group in a research report on Friday, October 4th. They issued a “buy” rating for the company. Kepler Capital Markets began coverage on shares of NatWest Group in a report on Thursday, September 5th. They issued a “buy” rating for the company. Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Finally, Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently 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.