Fmr LLC Buys 721,578 Shares of NatWest Group plc (NYSE:NWG)

FMR LLC lifted its position in shares of NatWest Group plc (NYSE:NWG - Free Report) by 57.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,988,329 shares of the company's stock after buying an additional 721,578 shares during the quarter. FMR LLC's holdings in NatWest Group were worth $18,611,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NWG. Natixis Advisors LLC raised its holdings in shares of NatWest Group by 10.7% during the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company's stock valued at $100,245,000 after purchasing an additional 1,031,057 shares during the period. Dimensional Fund Advisors LP boosted its holdings in NatWest Group by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company's stock worth $56,615,000 after acquiring an additional 205,439 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its position in NatWest Group by 9.4% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 2,623,571 shares of the company's stock worth $21,068,000 after purchasing an additional 224,900 shares in the last quarter. Raymond James & Associates increased its position in shares of NatWest Group by 6.7% during the third quarter. Raymond James & Associates now owns 2,564,252 shares of the company's stock valued at $24,001,000 after acquiring an additional 162,068 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in NatWest Group by 55.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company's stock worth $14,127,000 after acquiring an additional 627,097 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Trading Up 0.7 %

NYSE:NWG traded up $0.07 during midday trading on Wednesday, reaching $10.55. 2,315,493 shares of the stock traded hands, compared to its average volume of 2,190,215. The stock has a market capitalization of $43.81 billion, a P/E ratio of 7.94 and a beta of 1.32. The company has a fifty day moving average of $9.82 and a 200 day moving average of $9.09. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a 12 month low of $5.16 and a 12 month high of $10.75.

Analyst Ratings Changes

NWG has been the subject of a number of research reports. Kepler Capital Markets started coverage on shares of NatWest Group in a research report on Thursday, September 5th. They set a "buy" rating for the company. The Goldman Sachs Group assumed coverage on shares of NatWest Group in a report on Friday, October 4th. They set a "buy" rating on the stock. Keefe, Bruyette & Woods raised NatWest Group from a "hold" rating to a "moderate buy" rating in a report on Monday, November 4th. Finally, Jefferies Financial Group upgraded shares of NatWest Group from an "underperform" rating to a "buy" rating in a research report on Tuesday, October 15th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy".

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.