Charles Schwab Investment Management Inc. Raises Position in NatWest Group plc (NYSE:NWG)

Charles Schwab Investment Management Inc. grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 22.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 245,631 shares of the company’s stock after purchasing an additional 44,422 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in NatWest Group were worth $2,299,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Cetera Advisors LLC acquired a new position in NatWest Group during the 1st quarter worth $129,000. Wealth Enhancement Advisory Services LLC grew its holdings in NatWest Group by 5.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 71,342 shares of the company’s stock worth $573,000 after acquiring an additional 3,643 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in NatWest Group by 14.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 32,270 shares of the company’s stock worth $259,000 after acquiring an additional 4,007 shares in the last quarter. Blue Trust Inc. grew its holdings in NatWest Group by 58.8% during the 2nd quarter. Blue Trust Inc. now owns 30,706 shares of the company’s stock worth $247,000 after acquiring an additional 11,368 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in NatWest Group by 46.8% during the 2nd quarter. Raymond James & Associates now owns 2,402,184 shares of the company’s stock worth $19,290,000 after acquiring an additional 765,671 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

Analyst Ratings Changes

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

NatWest Group Trading Down 0.7 %

Shares of NYSE:NWG opened at $10.37 on Monday. The company has a market cap of $41.71 billion, a PE ratio of 7.86 and a beta of 1.32. The company’s 50-day moving average price is $9.91 and its 200 day moving average price is $9.14. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.75. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17.

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.