Rehmann Capital Advisory Group Acquires 4,741 Shares of NatWest Group plc (NYSE:NWG)

Rehmann Capital Advisory Group raised its holdings in NatWest Group plc (NYSE:NWG) by 11.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,052 shares of the company’s stock after buying an additional 4,741 shares during the period. Rehmann Capital Advisory Group’s holdings in NatWest Group were worth $306,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NWG. Addison Advisors LLC raised its position in shares of NatWest Group by 48.9% in the fourth quarter. Addison Advisors LLC now owns 6,520 shares of the company’s stock valued at $37,000 after purchasing an additional 2,141 shares during the period. Allspring Global Investments Holdings LLC bought a new position in NatWest Group in the 1st quarter valued at about $44,000. Johnson Investment Counsel Inc. acquired a new stake in NatWest Group during the fourth quarter worth approximately $58,000. Five Oceans Advisors bought a new stake in shares of NatWest Group during the fourth quarter worth approximately $62,000. Finally, Sage Rhino Capital LLC acquired a new position in shares of NatWest Group in the first quarter valued at approximately $68,000. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Up 0.8 %

NYSE:NWG traded up $0.07 during mid-day trading on Wednesday, hitting $8.44. 2,326,170 shares of the stock were exchanged, compared to its average volume of 2,053,338. The firm’s 50-day simple moving average is $8.14 and its 200 day simple moving average is $6.89. NatWest Group plc has a fifty-two week low of $4.30 and a fifty-two week high of $8.68. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.08 and a current ratio of 1.08.

NatWest Group (NYSE:NWG) last released its quarterly earnings results on Friday, April 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $3.48 billion during the quarter. Sell-side analysts forecast that NatWest Group plc will post 0.98 earnings per share for the current fiscal year.

About NatWest Group

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.