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

Adero Partners LLC grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,738 shares of the company’s stock after purchasing an additional 1,014 shares during the quarter. Adero Partners LLC’s holdings in NatWest Group were worth $119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bruce G. Allen Investments LLC raised its holdings in NatWest Group by 285.3% in the 3rd 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. Private Trust Co. NA boosted its position in shares of NatWest Group by 121.3% during the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock valued at $26,000 after acquiring an additional 1,499 shares in the last quarter. Hilltop National Bank acquired a new stake in shares of NatWest Group during the 4th quarter valued at about $29,000. Hexagon Capital Partners LLC boosted its position in shares of NatWest Group by 134.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after acquiring an additional 1,980 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in NatWest Group in the third quarter valued at about $33,000. Institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

Shares of NWG stock opened at $11.24 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The firm 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 firm’s 50 day moving average is $10.30 and its 200-day moving average is $9.66. NatWest Group plc has a 1 year low of $5.16 and a 1 year high of $11.28.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. 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. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, NatWest Group currently has a consensus rating of “Buy”.

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.