Seascape Capital Management Sells 1,398 Shares of NatWest Group plc (NYSE:NWG)

Seascape Capital Management decreased its position in shares of NatWest Group plc (NYSE:NWG) by 0.5% in the 4th quarter, HoldingsChannel reports. The fund owned 307,304 shares of the company’s stock after selling 1,398 shares during the period. Seascape Capital Management’s holdings in NatWest Group were worth $3,125,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Creative Planning increased its stake in NatWest Group by 21.0% during the 3rd quarter. Creative Planning now owns 144,276 shares of the company’s stock valued at $1,350,000 after purchasing an additional 25,075 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of NatWest Group by 29.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 24,057 shares of the company’s stock worth $225,000 after acquiring an additional 5,403 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in NatWest Group by 28.9% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 32,575 shares of the company’s stock valued at $305,000 after acquiring an additional 7,308 shares in the last quarter. Blue Trust Inc. boosted its stake in NatWest Group by 108.2% during the 3rd quarter. Blue Trust Inc. now owns 63,924 shares of the company’s stock valued at $598,000 after purchasing an additional 33,218 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in NatWest Group by 6.7% during the 3rd quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock worth $24,001,000 after purchasing an additional 162,068 shares in the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Three 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, NatWest Group has a consensus rating of “Buy”.

NatWest Group Stock Down 2.3 %

NWG opened at $10.85 on Friday. NatWest Group plc has a fifty-two week low of $5.46 and a fifty-two week high of $11.37. The firm has a market capitalization of $43.68 billion, a P/E ratio of 8.22, a PEG ratio of 0.84 and a beta of 1.30. The company’s 50-day moving average is $10.41 and its 200 day moving average is $9.76. 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 Company 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.