Park Avenue Securities LLC Has $973,000 Stake in NatWest Group plc (NYSE:NWG)

Park Avenue Securities LLC raised its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 51.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,607 shares of the company's stock after buying an additional 27,642 shares during the quarter. Park Avenue Securities LLC's holdings in NatWest Group were worth $973,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of NWG. OneAscent Financial Services LLC grew its stake in shares of NatWest Group by 8.2% in the fourth quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock worth $124,000 after acquiring an additional 926 shares during the last quarter. Gallacher Capital Management LLC boosted its holdings in NatWest Group by 2.3% in the 4th quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock valued at $497,000 after purchasing an additional 1,093 shares during the period. Pitcairn Co. grew its position in NatWest Group by 7.4% in the 4th quarter. Pitcairn Co. now owns 17,223 shares of the company's stock worth $175,000 after purchasing an additional 1,193 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in NatWest Group by 4.3% in the 4th quarter. Integrated Wealth Concepts LLC now owns 35,871 shares of the company's stock worth $365,000 after purchasing an additional 1,473 shares during the last quarter. Finally, Schechter Investment Advisors LLC increased its holdings in shares of NatWest Group by 14.8% during the 4th quarter. Schechter Investment Advisors LLC now owns 13,292 shares of the company's stock worth $135,000 after purchasing an additional 1,717 shares during the period. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Price Performance

Shares of NYSE:NWG traded down $0.18 on Friday, hitting $14.01. The stock had a trading volume of 4,044,257 shares, compared to its average volume of 3,787,255. The firm's 50 day moving average price is $13.14 and its 200-day moving average price is $11.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a twelve month low of $7.81 and a twelve month high of $14.55. The company has a market capitalization of $56.40 billion, a price-to-earnings ratio of 10.30, a price-to-earnings-growth ratio of 0.85 and a beta of 1.04.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.05. The firm had revenue of $5.30 billion during the quarter, compared to analyst estimates of $3.80 billion. On average, equities research analysts predict that NatWest Group plc will post 1.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NWG shares. Peel Hunt downgraded NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. BNP Paribas cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Citigroup reissued 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 assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy".

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.