Park Avenue Securities LLC Grows Position in NatWest Group plc (NYSE:NWG)

Park Avenue Securities LLC boosted its holdings in NatWest Group plc (NYSE:NWG) by 56.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,965 shares of the company’s stock after buying an additional 19,579 shares during the quarter. Park Avenue Securities LLC’s holdings in NatWest Group were worth $549,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

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

NatWest Group Trading Up 3.2 %

Shares of NYSE:NWG opened at $10.71 on Friday. The stock has a 50 day moving average of $10.16 and a 200 day moving average of $9.50. The company has a market cap of $43.11 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.78 and a beta of 1.31. NatWest Group plc has a 12-month low of $5.16 and a 12-month high of $10.75. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17.

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.