NatWest Group plc (NYSE:NWG) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC raised its stake in shares of NatWest Group plc (NYSE:NWG) by 500.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,768 shares of the company’s stock after purchasing an additional 83,149 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in NatWest Group were worth $934,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Natixis Advisors LLC increased its position in shares of NatWest Group by 28.4% in the 2nd quarter. Natixis Advisors LLC now owns 9,678,887 shares of the company’s stock valued at $77,721,000 after acquiring an additional 2,139,290 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of NatWest Group by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company’s stock valued at $56,615,000 after purchasing an additional 205,439 shares during the period. Teachers Retirement System of The State of Kentucky raised its stake 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 worth $21,068,000 after purchasing an additional 224,900 shares during the last quarter. Raymond James & Associates raised 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 purchasing an additional 162,068 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of NatWest Group by 55.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company’s stock worth $14,127,000 after purchasing an additional 627,097 shares during the period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Down 0.8 %

NatWest Group stock opened at $9.49 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.08 and a debt-to-equity ratio of 0.16. The firm has a market cap of $39.51 billion, a PE ratio of 7.84 and a beta of 1.33. The stock’s 50 day simple moving average is $9.17 and its two-hundred day simple moving average is $8.52. NatWest Group plc has a 12 month low of $4.30 and a 12 month high of $9.83.

NatWest Group (NYSE:NWG) last announced its quarterly earnings results on Friday, July 26th. The company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $4.62 billion for the quarter. Analysts anticipate that NatWest Group plc will post 1.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NWG has been the subject of a number of recent research reports. Kepler Capital Markets began coverage on shares of NatWest Group in a research report on Thursday, September 5th. They set a “buy” rating for the company. 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 on the stock. Finally, UBS Group upgraded NatWest Group to a “strong-buy” rating in a research note on Tuesday, July 30th. Five 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, the stock presently has a consensus rating of “Buy”.

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.