Advisors Asset Management Inc. Has $864,000 Stake in NatWest Group plc (NYSE:NWG)

Advisors Asset Management Inc. boosted its stake in shares of NatWest Group plc (NYSE:NWG) by 6.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,311 shares of the company’s stock after buying an additional 5,667 shares during the quarter. Advisors Asset Management Inc.’s holdings in NatWest Group were worth $864,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bruce G. Allen Investments LLC lifted its stake in shares of NatWest Group by 285.3% in the third quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock worth $26,000 after acquiring an additional 2,083 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of NatWest Group by 45.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after purchasing an additional 1,259 shares during the period. Hexagon Capital Partners LLC lifted its position in shares of NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after purchasing an additional 1,980 shares during the period. GAMMA Investing LLC increased its position in shares of NatWest Group by 65.7% during the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after buying an additional 1,810 shares during the period. Finally, Fulton Bank N.A. acquired a new stake in shares of NatWest Group during the second quarter worth $84,000. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

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

NatWest Group Price Performance

Shares of NYSE:NWG opened at $9.92 on Wednesday. The firm has a market capitalization of $41.17 billion, a PE ratio of 7.51 and a beta of 1.32. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average price of $9.58 and a two-hundred day moving average price of $8.93. NatWest Group plc has a twelve month low of $5.16 and a twelve month high of $10.31.

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.