NatWest Group plc (NYSE:NWG) Position Boosted by Blue Trust Inc.

Blue Trust Inc. increased its holdings in NatWest Group plc (NYSE:NWG) by 24.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,647 shares of the company’s stock after purchasing an additional 15,723 shares during the quarter. Blue Trust Inc.’s holdings in NatWest Group were worth $745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Natixis Advisors LLC lifted 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 acquiring an additional 1,031,057 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in shares of NatWest Group by 9.4% in the 2nd 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 purchasing an additional 224,900 shares during the period. Raymond James & Associates boosted 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 valued at $24,001,000 after purchasing an additional 162,068 shares during the period. FMR LLC increased its stake in NatWest Group by 57.0% in the 3rd 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. Finally, Crossmark Global Holdings Inc. lifted its stake in NatWest Group by 0.4% during the third 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. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Performance

NWG stock opened at $10.84 on Thursday. The firm has a 50 day simple moving average of $10.21 and a 200 day simple moving average of $9.57. NatWest Group plc has a 52 week low of $5.16 and a 52 week high of $10.96. The stock has a market cap of $43.63 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.77 and a beta of 1.31. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group began coverage on shares of NatWest Group in a report on Friday, October 4th. They set a “buy” rating on the stock. Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

NatWest Group 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.