Charles Schwab Investment Management Inc. grew its stake in shares of NatWest Group plc (NYSE:NWG – Free Report) by 22.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,631 shares of the company’s stock after buying an additional 44,422 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in NatWest Group were worth $2,299,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA grew its stake in shares of NatWest Group by 1.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 895,152 shares of the company’s stock worth $8,379,000 after purchasing an additional 14,019 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of NatWest Group by 6.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 92,311 shares of the company’s stock worth $864,000 after purchasing an additional 5,667 shares during the last quarter. OneAscent Financial Services LLC acquired a new position in shares of NatWest Group in the 3rd quarter worth approximately $106,000. Caprock Group LLC grew its stake in shares of NatWest Group by 9.2% in the 3rd quarter. Caprock Group LLC now owns 118,282 shares of the company’s stock worth $1,107,000 after purchasing an additional 9,999 shares during the last quarter. Finally, Baron Wealth Management LLC grew its stake in shares of NatWest Group by 56.8% in the 3rd quarter. Baron Wealth Management LLC now owns 19,365 shares of the company’s stock worth $181,000 after purchasing an additional 7,017 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
NWG has been the topic of several analyst reports. Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Kepler Capital Markets assumed coverage on shares of NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating on the stock. The Goldman Sachs Group assumed coverage on shares of NatWest Group in a research report on Friday, October 4th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, NatWest Group currently has a consensus rating of “Buy”.
NatWest Group Price Performance
NYSE NWG opened at $10.37 on Monday. 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 stock has a market capitalization of $41.71 billion, a PE ratio of 7.86 and a beta of 1.32. The company has a 50 day moving average price of $9.91 and a two-hundred day moving average price of $9.14. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.75.
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.
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