Todd Asset Management LLC decreased its stake in NatWest Group plc (NYSE:NWG – Free Report) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,238,670 shares of the company’s stock after selling 59,783 shares during the period. NatWest Group accounts for approximately 1.4% of Todd Asset Management LLC’s holdings, making the stock its 12th largest position. Todd Asset Management LLC owned approximately 0.11% of NatWest Group worth $74,177,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the stock. Wealthstar Advisors LLC grew its holdings in shares of NatWest Group by 1.5% in the 4th quarter. Wealthstar Advisors LLC now owns 40,576 shares of the company’s stock valued at $710,000 after acquiring an additional 595 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in shares of NatWest Group by 2.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 29,272 shares of the company’s stock valued at $414,000 after acquiring an additional 697 shares in the last quarter. Vise Technologies Inc. grew its holdings in shares of NatWest Group by 1.6% in the 3rd quarter. Vise Technologies Inc. now owns 46,783 shares of the company’s stock valued at $662,000 after acquiring an additional 733 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of NatWest Group by 5.6% in the 4th quarter. Perigon Wealth Management LLC now owns 15,342 shares of the company’s stock valued at $268,000 after acquiring an additional 812 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of NatWest Group by 28.0% in the 4th quarter. Private Trust Co. NA now owns 4,307 shares of the company’s stock valued at $75,000 after acquiring an additional 941 shares in the last quarter. Institutional investors own 1.27% of the company’s stock.
NatWest Group Trading Down 0.0%
NatWest Group stock opened at $15.66 on Monday. NatWest Group plc has a 52 week low of $12.91 and a 52 week high of $19.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market capitalization of $62.42 billion, a P/E ratio of 8.33, a PEG ratio of 0.84 and a beta of 0.94. The stock has a 50-day simple moving average of $15.51 and a 200 day simple moving average of $16.38.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on NWG. Wall Street Zen upgraded NatWest Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Zacks Research cut NatWest Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings cut NatWest Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 4th. BNP Paribas Exane upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Keefe, Bruyette & Woods cut NatWest Group from a “moderate buy” rating to a “hold” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, NatWest Group presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on NatWest Group
NatWest Group Profile
NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland. The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand. NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.
The group provides a broad range of banking services across retail, private, commercial, corporate and institutional segments.
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