Redhawk Wealth Advisors Inc. Buys 57,618 Shares of NatWest Group plc (NYSE:NWG)

Redhawk Wealth Advisors Inc. grew its stake in NatWest Group plc (NYSE:NWG) by 79.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,291 shares of the company’s stock after buying an additional 57,618 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in NatWest Group were worth $1,325,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in NWG. Natixis Advisors LLC lifted its stake in shares of NatWest Group by 10.7% during the 3rd quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after buying an additional 1,031,057 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in NatWest Group by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company’s stock valued at $56,615,000 after acquiring an additional 205,439 shares during the period. Teachers Retirement System of The State of Kentucky lifted its position in shares of NatWest Group by 9.4% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 2,623,571 shares of the company’s stock valued at $21,068,000 after acquiring an additional 224,900 shares in the last quarter. Raymond James & Associates boosted its stake in shares of NatWest Group by 6.7% in the third quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock worth $24,001,000 after acquiring an additional 162,068 shares during the period. Finally, FMR LLC grew its position in shares of NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after purchasing an additional 721,578 shares in the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on NWG. The Goldman Sachs Group assumed coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating 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. Finally, Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

NatWest Group Price Performance

NYSE:NWG opened at $10.10 on Thursday. The business’s 50-day moving average is $10.14 and its 200 day moving average is $9.43. NatWest Group plc has a 12 month low of $5.16 and a 12 month high of $10.75. The company has a market capitalization of $40.62 billion, a P/E ratio of 7.65, a P/E/G ratio of 0.67 and a beta of 1.31. The company has a current ratio of 1.06, a quick 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.