NatWest Group plc (NYSE:NWG) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 12.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 396,490 shares of the company’s stock after purchasing an additional 44,560 shares during the period. Stifel Financial Corp’s holdings in NatWest Group were worth $3,711,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of NWG. Quantinno Capital Management LP boosted its stake in shares of NatWest Group by 48.8% in the third quarter. Quantinno Capital Management LP now owns 282,578 shares of the company’s stock valued at $2,645,000 after buying an additional 92,684 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of NatWest Group during the 3rd quarter worth $989,000. HighTower Advisors LLC grew its stake in shares of NatWest Group by 79.1% during the 3rd quarter. HighTower Advisors LLC now owns 194,774 shares of the company’s stock worth $1,820,000 after purchasing an additional 86,029 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of NatWest Group in the 3rd quarter valued at about $196,000. Finally, Maverick Capital Ltd. lifted its stake in shares of NatWest Group by 8.3% in the third quarter. Maverick Capital Ltd. now owns 149,685 shares of the company’s stock valued at $1,401,000 after purchasing an additional 11,516 shares during the period. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Stock Up 0.6 %

Shares of NYSE NWG opened at $10.43 on Tuesday. 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 firm’s 50-day moving average is $9.93 and its two-hundred day moving average is $9.15. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.75. The company has a market capitalization of $41.95 billion, a PE ratio of 7.90 and a beta of 1.32.

Wall Street Analysts Forecast Growth

NWG has been the topic of several recent analyst reports. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. The Goldman Sachs Group began coverage on NatWest Group in a research note on Friday, October 4th. They issued a “buy” rating for the company. Jefferies Financial Group raised NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Finally, Kepler Capital Markets started coverage on NatWest Group in a report on Thursday, September 5th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, NatWest Group has an average rating of “Buy”.

About NatWest Group

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.