NatWest Group plc (NYSE:NWG) Shares Purchased by OLD National Bancorp IN

OLD National Bancorp IN raised its holdings in NatWest Group plc (NYSE:NWG) by 28.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,859 shares of the company’s stock after buying an additional 5,214 shares during the period. OLD National Bancorp IN’s holdings in NatWest Group were worth $243,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Bruce G. Allen Investments LLC lifted its stake in NatWest Group by 285.3% during the third quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock worth $26,000 after purchasing an additional 2,083 shares during the last quarter. Private Trust Co. NA raised its holdings in NatWest Group by 121.3% during the third quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after purchasing an additional 1,499 shares in the last quarter. Hilltop National Bank purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $29,000. Hexagon Capital Partners LLC boosted its holdings in shares of NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after buying an additional 1,980 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of NatWest Group in the 3rd quarter valued at $33,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Trading Down 1.1 %

NYSE NWG opened at $10.78 on Monday. The firm’s fifty day moving average is $10.25 and its two-hundred day moving average is $9.61. NatWest Group plc has a one year low of $5.16 and a one year high of $10.96. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $43.39 billion, a PE ratio of 8.16, a P/E/G ratio of 0.81 and a beta of 1.31.

Wall Street Analysts Forecast Growth

NWG has been the subject of several research analyst reports. Jefferies Financial Group upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Keefe, Bruyette & Woods upgraded 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

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.