B. Riley Wealth Advisors Inc. Reduces Stake in NatWest Group plc (NYSE:NWG)

B. Riley Wealth Advisors Inc. lowered its holdings in NatWest Group plc (NYSE:NWG) by 36.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 12,119 shares of the company’s stock after selling 6,910 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in NatWest Group were worth $70,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Addison Advisors LLC increased its holdings in shares of NatWest Group by 48.9% in the 4th quarter. Addison Advisors LLC now owns 6,520 shares of the company’s stock valued at $37,000 after acquiring an additional 2,141 shares during the last quarter. Johnson Investment Counsel Inc. purchased a new position in shares of NatWest Group in the 4th quarter valued at about $58,000. AXQ Capital LP purchased a new position in NatWest Group during the 3rd quarter worth approximately $59,000. Five Oceans Advisors purchased a new position in NatWest Group during the 4th quarter worth approximately $62,000. Finally, Moreno Evelyn V purchased a new position in NatWest Group during the 4th quarter worth approximately $70,000. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Down 0.9 %

NYSE:NWG opened at $8.04 on Friday. The stock’s 50 day moving average price is $8.01 and its 200 day moving average price is $6.73. The company has a market capitalization of $33.47 billion, a PE ratio of 8.02, a P/E/G ratio of 1.85 and a beta of 1.34. 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 $8.48.

NatWest Group (NYSE:NWG) last released its quarterly earnings results on Friday, April 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The firm had revenue of $3.48 billion for the quarter. On average, research analysts anticipate that NatWest Group plc will post 0.98 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.