NatWest Group plc (NYSE:NWG - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as $10.28 and last traded at $10.27, with a volume of 76331 shares trading hands. The stock had previously closed at $9.98.
Wall Street Analyst Weigh In
Several research firms recently issued reports on NWG. Kepler Capital Markets began coverage on NatWest Group in a report on Thursday, September 5th. 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. UBS Group upgraded NatWest Group to a "strong-buy" rating in a report on Tuesday, July 30th. The Goldman Sachs Group began coverage on NatWest Group in a report on Friday, October 4th. They issued a "buy" rating on the stock. Finally, Keefe, Bruyette & Woods upgraded NatWest Group from a "hold" rating to a "moderate buy" rating in a report on Monday, November 4th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, NatWest Group presently has an average rating of "Buy".
Get Our Latest Stock Analysis on NWG
NatWest Group Trading Up 2.7 %
The firm has a market cap of $42.54 billion, a PE ratio of 7.80 and a beta of 1.32. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average price of $9.31 and a 200 day moving average price of $8.75.
Institutional Trading of NatWest Group
Hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new stake in NatWest Group during the 2nd quarter worth approximately $597,000. US Bancorp DE lifted its holdings in shares of NatWest Group by 352.4% in the 3rd quarter. US Bancorp DE now owns 567,421 shares of the company's stock valued at $5,311,000 after buying an additional 442,002 shares during the period. QRG Capital Management Inc. lifted its holdings in shares of NatWest Group by 78.8% in the 3rd quarter. QRG Capital Management Inc. now owns 329,582 shares of the company's stock valued at $3,085,000 after buying an additional 145,295 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of NatWest Group in the 1st quarter valued at approximately $44,000. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of NatWest Group by 43.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 28,263 shares of the company's stock valued at $192,000 after buying an additional 8,595 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.
NatWest Group Company Profile
(
Get Free Report)
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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