Wealth Alliance LLC bought a new stake in shares of NatWest Group plc (NYSE:NWG - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,187 shares of the company's stock, valued at approximately $241,000.
A number of other large investors have also recently modified their holdings of the stock. Hardy Reed LLC bought a new stake in shares of NatWest Group during the 1st quarter valued at about $152,000. Massachusetts Financial Services Co. MA boosted its stake in shares of NatWest Group by 32.0% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,246,919 shares of the company's stock valued at $14,863,000 after purchasing an additional 302,305 shares in the last quarter. Signaturefd LLC boosted its stake in NatWest Group by 4.4% during the first quarter. Signaturefd LLC now owns 63,322 shares of the company's stock worth $755,000 after acquiring an additional 2,664 shares in the last quarter. Cutter & CO Brokerage Inc. bought a new stake in NatWest Group during the first quarter worth about $214,000. Finally, Bleakley Financial Group LLC boosted its stake in NatWest Group by 13.1% during the first quarter. Bleakley Financial Group LLC now owns 32,453 shares of the company's stock worth $387,000 after acquiring an additional 3,751 shares in the last quarter. Institutional investors own 1.27% of the company's stock.
NatWest Group Stock Up 4.3%
NYSE:NWG traded up $0.59 during mid-day trading on Friday, hitting $14.16. 5,295,615 shares of the company's stock were exchanged, compared to its average volume of 4,150,783. NatWest Group plc has a one year low of $8.08 and a one year high of $14.55. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The business has a fifty day moving average price of $13.88 and a 200 day moving average price of $12.44. The company has a market cap of $57.27 billion, a PE ratio of 9.13, a P/E/G ratio of 0.83 and a beta of 1.01.
NatWest Group (NYSE:NWG - Get Free Report) last issued its earnings results on Friday, July 25th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.04. The firm had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $4.06 billion. Equities analysts predict that NatWest Group plc will post 1.35 EPS for the current year.
Analyst Ratings Changes
Separately, Citigroup reissued a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, NatWest Group has a consensus rating of "Buy".
View Our Latest Stock Analysis on NatWest Group
NatWest Group Company 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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