Adero Partners LLC Acquires 1,014 Shares of NatWest Group plc (NYSE:NWG)

Adero Partners LLC raised its position in NatWest Group plc (NYSE:NWG) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,738 shares of the company’s stock after purchasing an additional 1,014 shares during the period. Adero Partners LLC’s holdings in NatWest Group were worth $119,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of NWG. Quantbot Technologies LP acquired a new position in shares of NatWest Group in the third quarter valued at approximately $572,000. Sanctuary Advisors LLC boosted 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 valued at $2,441,000 after buying an additional 196,724 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of NatWest Group by 22.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 245,631 shares of the company’s stock valued at $2,299,000 after buying an additional 44,422 shares during the period. US Bancorp DE boosted its holdings in shares of NatWest Group by 352.4% in the third quarter. US Bancorp DE now owns 567,421 shares of the company’s stock valued at $5,311,000 after buying an additional 442,002 shares during the period. Finally, QRG Capital Management Inc. boosted its holdings in shares of NatWest Group by 78.8% in the third quarter. QRG Capital Management Inc. now owns 329,582 shares of the company’s stock valued at $3,085,000 after buying an additional 145,295 shares during the period. Institutional investors own 1.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NWG shares. Jefferies Financial Group upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

NatWest Group Stock Performance

Shares of NWG opened at $11.24 on Friday. NatWest Group plc has a 12 month low of $5.16 and a 12 month high of $11.28. The firm has a fifty day simple moving average of $10.30 and a 200 day simple moving average of $9.66. The stock has a market capitalization of $45.25 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 0.80 and a beta of 1.30. 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 Company 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.