Kingsview Wealth Management LLC Takes $116,000 Position in NatWest Group plc (NYSE:NWG)

Kingsview Wealth Management LLC acquired a new stake in shares of NatWest Group plc (NYSE:NWG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 11,370 shares of the company’s stock, valued at approximately $116,000.

A number of other hedge funds have also recently modified their holdings of the business. Adero Partners LLC grew its position in shares of NatWest Group by 9.5% during the 4th quarter. Adero Partners LLC now owns 11,738 shares of the company’s stock valued at $119,000 after acquiring an additional 1,014 shares during the period. Raymond James Trust N.A. lifted its stake in shares of NatWest Group by 3.0% during the 3rd quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock valued at $336,000 after buying an additional 1,039 shares in the last quarter. Optas LLC lifted its stake in shares of NatWest Group by 11.5% during the 4th quarter. Optas LLC now owns 11,912 shares of the company’s stock valued at $121,000 after buying an additional 1,228 shares in the last quarter. Five Oceans Advisors lifted its stake in shares of NatWest Group by 12.0% during the 4th quarter. Five Oceans Advisors now owns 12,684 shares of the company’s stock valued at $129,000 after buying an additional 1,358 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in shares of NatWest Group by 13.3% during the 4th quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company’s stock valued at $122,000 after buying an additional 1,411 shares in the last quarter. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. 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, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Stock Down 2.3 %

Shares of NWG stock opened at $10.85 on Friday. The stock has a market cap of $43.68 billion, a P/E ratio of 8.22, a PEG ratio of 0.84 and a beta of 1.30. NatWest Group plc has a 52 week low of $5.46 and a 52 week high of $11.37. 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’s fifty day simple moving average is $10.41 and its two-hundred day simple moving average is $9.76.

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.