Park Avenue Securities LLC Buys 19,579 Shares of NatWest Group plc (NYSE:NWG)

Park Avenue Securities LLC grew its stake in shares of NatWest Group plc (NYSE:NWG) by 56.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,965 shares of the company’s stock after purchasing an additional 19,579 shares during the period. Park Avenue Securities LLC’s holdings in NatWest Group were worth $549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of NWG. Rhumbline Advisers raised its holdings in NatWest Group by 31.8% in the second quarter. Rhumbline Advisers now owns 22,664 shares of the company’s stock worth $182,000 after purchasing an additional 5,472 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of NatWest Group by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company’s stock worth $56,615,000 after buying an additional 205,439 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of NatWest Group by 27.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 84,656 shares of the company’s stock worth $637,000 after acquiring an additional 18,287 shares in the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in NatWest Group during the 2nd quarter valued at about $163,000. Finally, EverSource Wealth Advisors LLC lifted its position in NatWest Group by 45.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after acquiring an additional 1,259 shares during the period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

Analyst Ratings Changes

NWG has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. The Goldman Sachs Group started coverage on NatWest Group in a research note on Friday, October 4th. They issued 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 MarketBeat, the company presently has an average rating of “Buy”.

NatWest Group Stock Up 3.2 %

NYSE:NWG opened at $10.71 on Friday. The firm has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $9.50. The firm has a market cap of $43.11 billion, a P/E ratio of 8.11, a P/E/G ratio of 0.78 and a beta of 1.31. 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 debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06.

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.