Venturi Wealth Management LLC Purchases 2,542 Shares of NatWest Group plc (NYSE:NWG)

Venturi Wealth Management LLC increased its position in NatWest Group plc (NYSE:NWG) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,484 shares of the company’s stock after buying an additional 2,542 shares during the quarter. Venturi Wealth Management LLC’s holdings in NatWest Group were worth $880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of NWG. Natixis Advisors LLC lifted its position in NatWest Group by 10.7% in the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after purchasing an additional 1,031,057 shares during the last quarter. Raymond James & Associates lifted its holdings in NatWest Group by 6.7% in the third quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock valued at $24,001,000 after acquiring an additional 162,068 shares during the period. FMR LLC raised its position in NatWest Group by 57.0% in the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after acquiring an additional 721,578 shares during the period. Crossmark Global Holdings Inc. boosted its stake in shares of NatWest Group by 0.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,674,253 shares of the company’s stock worth $15,671,000 after acquiring an additional 6,387 shares during the last quarter. Finally, Mediolanum International Funds Ltd purchased a new stake in NatWest Group in the third quarter worth about $11,420,000. Institutional investors own 1.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy”.

NatWest Group Price Performance

NYSE:NWG opened at $11.41 on Wednesday. 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 business’s 50-day simple moving average is $10.43 and its two-hundred day simple moving average is $9.79. The stock has a market cap of $45.93 billion, a PE ratio of 8.64, a P/E/G ratio of 0.84 and a beta of 1.30. NatWest Group plc has a 52 week low of $5.83 and a 52 week high of $11.41.

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.