Sanders Capital LLC Sells 19,439 Shares of NatWest Group plc (NYSE:NWG)

Sanders Capital LLC cut its position in shares of NatWest Group plc (NYSE:NWG) by 6.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 292,066 shares of the company’s stock after selling 19,439 shares during the quarter. Sanders Capital LLC’s holdings in NatWest Group were worth $2,734,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in shares of NatWest Group during the 3rd quarter worth approximately $572,000. FMR LLC boosted its holdings in NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after purchasing an additional 721,578 shares in the last quarter. Private Trust Co. NA grew its stake in shares of NatWest Group by 121.3% in the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock valued at $26,000 after purchasing an additional 1,499 shares during the period. Cerity Partners LLC raised its holdings in shares of NatWest Group by 72.6% in the 3rd quarter. Cerity Partners LLC now owns 84,385 shares of the company’s stock worth $790,000 after buying an additional 35,499 shares in the last quarter. Finally, Raymond James Trust N.A. lifted its position in shares of NatWest Group by 3.0% during the 3rd quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock worth $336,000 after buying an additional 1,039 shares during the period. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Price Performance

Shares of NWG stock opened at $9.90 on Tuesday. The firm has a market capitalization of $41.11 billion, a price-to-earnings ratio of 7.57 and a beta of 1.32. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.31. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17. The firm has a fifty day moving average of $9.56 and a 200-day moving average of $8.92.

Analyst Ratings Changes

NWG has been the topic of a number of analyst reports. The Goldman Sachs Group began coverage on NatWest Group in a research report on Friday, October 4th. They issued a “buy” rating on the stock. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. UBS Group upgraded shares of NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. Kepler Capital Markets initiated coverage on shares of NatWest Group in a research note on Thursday, September 5th. They issued a “buy” rating for the company. Finally, Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report 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’s stock. According to MarketBeat.com, the company currently 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.