NatWest Group plc (NYSE:NWG) Shares Acquired by Claro Advisors LLC

Claro Advisors LLC increased its holdings in NatWest Group plc (NYSE:NWG) by 15.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,276 shares of the company’s stock after buying an additional 2,220 shares during the period. Claro Advisors LLC’s holdings in NatWest Group were worth $152,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Natixis Advisors LLC grew its position in shares of NatWest Group by 28.4% in the second quarter. Natixis Advisors LLC now owns 9,678,887 shares of the company’s stock valued at $77,721,000 after purchasing an additional 2,139,290 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in NatWest Group during the 3rd quarter valued at $11,420,000. Raymond James & Associates increased its position in NatWest Group by 46.8% during the second quarter. Raymond James & Associates now owns 2,402,184 shares of the company’s stock worth $19,290,000 after buying an additional 765,671 shares in the last quarter. Envestnet Asset Management Inc. increased its position in NatWest Group by 55.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company’s stock worth $14,127,000 after buying an additional 627,097 shares in the last quarter. Finally, US Bancorp DE raised 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 worth $5,311,000 after acquiring an additional 442,002 shares during the last quarter. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

NatWest Group Stock Performance

Shares of NYSE:NWG opened at $10.05 on Wednesday. The business has a 50-day moving average of $9.47 and a two-hundred day moving average of $8.86. The firm has a market capitalization of $41.71 billion, a PE ratio of 7.61 and a beta of 1.32. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. NatWest Group plc has a 12 month low of $5.10 and a 12 month high of $10.31.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Kepler Capital Markets initiated coverage on NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating for the company. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. The Goldman Sachs Group initiated coverage on shares of NatWest Group in a report on Friday, October 4th. They set a “buy” rating on the stock. Finally, UBS Group upgraded shares of NatWest Group to a “strong-buy” rating in a report on Tuesday, July 30th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently 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.