Advisors Preferred LLC Invests $415,000 in NatWest Group plc (NYSE:NWG)

Advisors Preferred LLC purchased a new stake in shares of NatWest Group plc (NYSE:NWG - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 34,620 shares of the company's stock, valued at approximately $415,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Aaron Wealth Advisors LLC boosted its stake in NatWest Group by 2.4% during the 1st quarter. Aaron Wealth Advisors LLC now owns 35,935 shares of the company's stock valued at $428,000 after purchasing an additional 831 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of NatWest Group by 7.1% in the 1st quarter. Checchi Capital Advisers LLC now owns 12,555 shares of the company's stock worth $150,000 after buying an additional 833 shares during the last quarter. OneAscent Financial Services LLC boosted its stake in shares of NatWest Group by 8.2% in the 4th quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock worth $124,000 after buying an additional 926 shares during the last quarter. Adero Partners LLC boosted its stake in shares of NatWest Group by 8.4% in the 1st quarter. Adero Partners LLC now owns 12,723 shares of the company's stock worth $152,000 after buying an additional 985 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in shares of NatWest Group by 9.2% in the 1st quarter. Perigon Wealth Management LLC now owns 13,153 shares of the company's stock worth $157,000 after buying an additional 1,108 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, NatWest Group has a consensus rating of "Buy".

NatWest Group Stock Performance

NatWest Group stock traded up $0.59 during trading on Friday, hitting $14.16. The stock had a trading volume of 5,295,615 shares, compared to its average volume of 4,150,783. The stock has a market cap of $57.27 billion, a price-to-earnings ratio of 9.13, a price-to-earnings-growth ratio of 0.83 and a beta of 1.01. NatWest Group plc has a 1 year low of $8.08 and a 1 year high of $14.55. 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's 50 day moving average is $13.88 and its two-hundred day moving average is $12.44.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.04. The company had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $4.06 billion. As a group, analysts predict that NatWest Group plc will post 1.35 EPS for the current year.

About NatWest Group

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.