9258 Wealth Management LLC Makes New Investment in NatWest Group plc (NYSE:NWG)

9258 Wealth Management LLC bought a new position in shares of NatWest Group plc (NYSE:NWG) in the 1st quarter, HoldingsChannel reports. The fund bought 11,014 shares of the company’s stock, valued at approximately $75,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NWG. Pzena Investment Management LLC grew its holdings in shares of NatWest Group by 13.6% in the first quarter. Pzena Investment Management LLC now owns 79,987 shares of the company’s stock valued at $544,000 after acquiring an additional 9,555 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in NatWest Group by 11.8% during the first quarter. Rehmann Capital Advisory Group now owns 45,052 shares of the company’s stock valued at $306,000 after buying an additional 4,741 shares during the period. Janney Montgomery Scott LLC purchased a new position in NatWest Group in the 1st quarter worth approximately $432,000. Allspring Global Investments Holdings LLC bought a new stake in shares of NatWest Group during the 1st quarter worth $44,000. Finally, Greenleaf Trust purchased a new position in shares of NatWest Group in the 1st quarter worth about $78,000. 1.27% of the stock is owned by institutional investors.

NatWest Group Trading Up 0.8 %

Shares of NYSE:NWG traded up $0.07 on Thursday, reaching $8.52. 2,593,141 shares of the company traded hands, compared to its average volume of 2,058,922. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. NatWest Group plc has a 52 week low of $4.30 and a 52 week high of $8.68. The business’s 50-day simple moving average is $8.16 and its 200 day simple moving average is $6.90.

NatWest Group (NYSE:NWG) last announced its quarterly earnings data on Friday, April 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.23 by $0.03. The firm had revenue of $3.48 billion for the quarter. Analysts expect that NatWest Group plc will post 0.98 earnings per share for the current year.

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.