Caprock Group LLC Increases Stock Position in NatWest Group plc (NYSE:NWG)

Caprock Group LLC raised its stake in NatWest Group plc (NYSE:NWG) by 9.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 118,282 shares of the company’s stock after buying an additional 9,999 shares during the period. Caprock Group LLC’s holdings in NatWest Group were worth $1,107,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in NWG. Bruce G. Allen Investments LLC increased its holdings in shares of NatWest Group by 285.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock worth $26,000 after acquiring an additional 2,083 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of NatWest Group by 45.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after buying an additional 1,259 shares in the last quarter. Hexagon Capital Partners LLC raised its position in shares of NatWest Group by 134.5% during the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after purchasing an additional 1,980 shares during the period. GAMMA Investing LLC lifted its stake in NatWest Group by 65.7% during the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock valued at $37,000 after buying an additional 1,810 shares in the last quarter. Finally, Fulton Bank N.A. acquired a new position in NatWest Group in the 2nd quarter worth approximately $84,000. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Up 0.1 %

Shares of NYSE:NWG opened at $10.21 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a 52-week low of $5.10 and a 52-week high of $10.31. The company has a 50-day simple moving average of $9.53 and a 200 day simple moving average of $8.88. The company has a market capitalization of $42.40 billion, a P/E ratio of 7.73 and a beta of 1.32.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NWG shares. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Kepler Capital Markets assumed coverage on NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating on the stock. UBS Group raised NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. The Goldman Sachs Group assumed coverage on NatWest Group in a research report on Friday, October 4th. They set a “buy” rating on the stock. Finally, Keefe, Bruyette & Woods raised shares of 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 given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus 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.