Redhawk Wealth Advisors Inc. raised its stake in NatWest Group plc (NYSE:NWG - Free Report) by 79.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130,291 shares of the company's stock after buying an additional 57,618 shares during the quarter. Redhawk Wealth Advisors Inc.'s holdings in NatWest Group were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC boosted its position in shares of NatWest Group by 56.9% during the fourth quarter. Park Avenue Securities LLC now owns 53,965 shares of the company's stock worth $549,000 after purchasing an additional 19,579 shares in the last quarter. Hilltop National Bank acquired a new stake in NatWest Group during the 4th quarter worth $29,000. GAMMA Investing LLC lifted its holdings in NatWest Group by 56.0% during the fourth quarter. GAMMA Investing LLC now owns 11,529 shares of the company's stock worth $117,000 after acquiring an additional 4,138 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in NatWest Group in the third quarter valued at about $33,000. Finally, Sanctuary Advisors LLC increased its holdings in shares of NatWest Group by 394.6% in the third quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company's stock worth $2,441,000 after acquiring an additional 196,724 shares in the last quarter. Institutional investors own 1.27% of the company's stock.
NatWest Group Stock Up 0.4 %
Shares of NYSE NWG traded up $0.05 during midday trading on Thursday, reaching $10.14. The company's stock had a trading volume of 3,693,782 shares, compared to its average volume of 3,321,998. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.75. The stock has a 50 day simple moving average of $10.14 and a 200-day simple moving average of $9.44. The stock has a market capitalization of $40.76 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 0.67 and a beta of 1.31.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods upgraded NatWest Group from a "hold" rating to a "moderate buy" rating in a report on Monday, November 4th. The Goldman Sachs Group initiated coverage on shares of NatWest Group in a report on Friday, October 4th. They issued a "buy" rating for the company. Finally, Jefferies Financial Group upgraded shares of NatWest Group from an "underperform" rating to a "buy" rating in a report on Tuesday, October 15th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, NatWest Group presently has an average rating of "Buy".
Read Our Latest Research Report on NWG
NatWest Group Profile
(
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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