NatWest Group plc (NYSE:NWG) Holdings Boosted by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in shares of NatWest Group plc (NYSE:NWG - Free Report) by 79.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 194,774 shares of the company's stock after purchasing an additional 86,029 shares during the quarter. HighTower Advisors LLC's holdings in NatWest Group were worth $1,820,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in NWG. Natixis Advisors LLC raised its position in shares of NatWest Group by 28.4% in the 2nd quarter. Natixis Advisors LLC now owns 9,678,887 shares of the company's stock worth $77,721,000 after buying an additional 2,139,290 shares during the period. Mediolanum International Funds Ltd purchased a new position in shares of NatWest Group in the 3rd quarter worth $11,420,000. Raymond James & Associates raised its position in shares of NatWest Group by 46.8% in the 2nd quarter. Raymond James & Associates now owns 2,402,184 shares of the company's stock worth $19,290,000 after buying an additional 765,671 shares during the period. FMR LLC raised its position in shares of NatWest Group by 57.0% in the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company's stock worth $18,611,000 after buying an additional 721,578 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of NatWest Group by 55.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company's stock worth $14,127,000 after buying an additional 627,097 shares during the period. Hedge funds and other institutional investors own 1.27% of the company's stock.

NatWest Group Stock Down 0.7 %

NYSE NWG traded down $0.07 during trading hours on Friday, hitting $10.37. The company had a trading volume of 1,734,974 shares, compared to its average volume of 1,776,738. The firm's 50 day moving average is $9.91 and its 200 day moving average is $9.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $41.71 billion, a price-to-earnings ratio of 7.86 and a beta of 1.32. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.75.

Analysts Set New Price Targets

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

NatWest Group 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.