Hantz Financial Services Inc. Purchases 28,400 Shares of NatWest Group plc $NWG

Hantz Financial Services Inc. grew its position in shares of NatWest Group plc (NYSE:NWG) by 127.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 50,648 shares of the company’s stock after acquiring an additional 28,400 shares during the quarter. Hantz Financial Services Inc.’s holdings in NatWest Group were worth $717,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Salomon & Ludwin LLC lifted its position in NatWest Group by 2,941.7% during the third quarter. Salomon & Ludwin LLC now owns 1,825 shares of the company’s stock valued at $27,000 after purchasing an additional 1,765 shares during the last quarter. True Wealth Design LLC purchased a new stake in shares of NatWest Group during the 3rd quarter valued at about $49,000. Geneos Wealth Management Inc. lifted its holdings in shares of NatWest Group by 35.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,594 shares of the company’s stock valued at $55,000 after acquiring an additional 1,195 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of NatWest Group by 22.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company’s stock valued at $57,000 after acquiring an additional 746 shares during the last quarter. Finally, MAI Capital Management grew its position in NatWest Group by 410.8% in the second quarter. MAI Capital Management now owns 4,403 shares of the company’s stock worth $62,000 after acquiring an additional 3,541 shares in the last quarter. Institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

Shares of NWG stock opened at $18.13 on Friday. The company has a market capitalization of $72.58 billion, a P/E ratio of 10.54, a P/E/G ratio of 0.63 and a beta of 0.96. The company’s 50-day simple moving average is $17.45 and its two-hundred day simple moving average is $15.68. NatWest Group plc has a one year low of $10.40 and a one year high of $19.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.05 and a quick ratio of 1.05.

Wall Street Analysts Forecast Growth

NWG has been the topic of a number of recent research reports. Barclays restated an “equal weight” rating on shares of NatWest Group in a research report on Wednesday, January 7th. Zacks Research downgraded NatWest Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of NatWest Group in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of NatWest Group in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

NatWest Group Profile

NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland. The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand. NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.

The group provides a broad range of banking services across retail, private, commercial, corporate and institutional segments.