NatWest Group plc (NYSE:NWG) Shares Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. increased its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 48.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 193,888 shares of the company's stock after buying an additional 63,597 shares during the quarter. Redhawk Wealth Advisors Inc.'s holdings in NatWest Group were worth $2,311,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new stake in shares of NatWest Group during the 4th quarter valued at approximately $27,000. First Horizon Advisors Inc. increased its stake in NatWest Group by 161.4% in the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after purchasing an additional 1,787 shares in the last quarter. Whittier Trust Co. acquired a new position in NatWest Group during the fourth quarter worth $42,000. Lazard Asset Management LLC purchased a new stake in NatWest Group during the fourth quarter worth $44,000. Finally, Bruce G. Allen Investments LLC grew its holdings in NatWest Group by 109.0% in the first quarter. Bruce G. Allen Investments LLC now owns 6,582 shares of the company's stock valued at $78,000 after purchasing an additional 3,433 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company's stock.

NatWest Group Trading Up 1.3%

Shares of NWG traded up $0.18 on Thursday, hitting $14.16. 2,296,477 shares of the stock traded hands, compared to its average volume of 3,771,468. The firm has a market capitalization of $57.03 billion, a P/E ratio of 10.41, a P/E/G ratio of 0.85 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a 1 year low of $7.81 and a 1 year high of $14.55. The stock's 50 day moving average is $13.08 and its two-hundred day moving average is $11.67.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.05. The business had revenue of $5.30 billion for the quarter, compared to analyst estimates of $3.80 billion. As a group, sell-side analysts predict that NatWest Group plc will post 1.35 earnings per share for the current year.

Analysts Set New Price Targets

NWG has been the topic of a number of research reports. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. BNP Paribas lowered shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. Finally, Citigroup restated a "buy" rating on shares of NatWest Group in a research report on Monday, April 28th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company 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.