Coldstream Capital Management Inc. Acquires 12,915 Shares of NatWest Group plc $NWG

Coldstream Capital Management Inc. increased its holdings in NatWest Group plc (NYSE:NWG) by 54.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,718 shares of the company’s stock after purchasing an additional 12,915 shares during the period. Coldstream Capital Management Inc.’s holdings in NatWest Group were worth $520,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dogwood Wealth Management LLC purchased a new position in shares of NatWest Group in the second quarter worth $26,000. Zions Bancorporation National Association UT bought a new stake in NatWest Group in the 1st quarter valued at $29,000. Geneos Wealth Management Inc. lifted its stake in NatWest Group by 35.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,594 shares of the company’s stock worth $55,000 after purchasing an additional 1,195 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in NatWest Group by 22.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company’s stock worth $57,000 after purchasing an additional 746 shares in the last quarter. Finally, MAI Capital Management boosted its holdings in shares of NatWest Group by 410.8% during the 2nd quarter. MAI Capital Management now owns 4,403 shares of the company’s stock valued at $62,000 after purchasing an additional 3,541 shares during the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NWG has been the topic of several research reports. BNP Paribas cut NatWest Group from a “hold” rating to a “strong sell” rating in a report on Friday, September 5th. BNP Paribas Exane downgraded NatWest Group from a “neutral” rating to an “underperform” rating in a research note on Friday, September 5th. Zacks Research upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of NatWest Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

NatWest Group Stock Performance

Shares of NYSE:NWG opened at $16.41 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.06 and a debt-to-equity ratio of 0.14. NatWest Group plc has a 12 month low of $9.16 and a 12 month high of $16.52. The company has a market capitalization of $65.83 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.66 and a beta of 1.12. The firm’s 50-day moving average is $15.02 and its 200 day moving average is $14.40.

NatWest Group (NYSE:NWG) last announced its earnings results on Friday, October 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. NatWest Group had a return on equity of 12.77% and a net margin of 18.18%.The business had revenue of $5.82 billion during the quarter, compared to analyst estimates of $5.63 billion. Research analysts predict that NatWest Group plc will post 1.35 EPS for the current year.

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.