Fifth Third Bancorp Sells 26,268 Shares of NatWest Group plc (NYSE:NWG)

Fifth Third Bancorp lessened its holdings in shares of NatWest Group plc (NYSE:NWGFree Report) by 29.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,327 shares of the company’s stock after selling 26,268 shares during the quarter. Fifth Third Bancorp’s holdings in NatWest Group were worth $634,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Natixis Advisors LLC increased its position 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 purchasing an additional 1,031,057 shares during the last quarter. Raymond James & Associates raised its position in shares of NatWest Group by 6.7% in the 3rd 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 in the last quarter. FMR LLC increased its position in NatWest Group by 57.0% during the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after buying an additional 721,578 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in NatWest Group by 0.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,674,253 shares of the company’s stock valued at $15,671,000 after buying an additional 6,387 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in shares of NatWest Group in the third quarter valued at about $11,420,000. Institutional investors own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group started coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating for the company. 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. According to MarketBeat, the company currently has an average rating of “Buy”.

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NatWest Group Trading Up 0.3 %

NWG opened at $10.88 on Friday. NatWest Group plc has a 52 week low of $5.16 and a 52 week high of $10.96. The business has a fifty day simple moving average of $10.22 and a 200-day simple moving average of $9.58. The firm has a market cap of $43.80 billion, a P/E ratio of 8.24, a P/E/G ratio of 0.77 and a beta of 1.31. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17.

NatWest Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NatWest Group (NYSE:NWG)

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