Wilmington Savings Fund Society FSB Makes New $33,000 Investment in NatWest Group plc (NYSE:NWG)

Wilmington Savings Fund Society FSB acquired a new stake in NatWest Group plc (NYSE:NWG) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 3,559 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Natixis Advisors LLC lifted its stake in NatWest Group by 10.7% in the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after buying an additional 1,031,057 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in NatWest Group by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,048,194 shares of the company’s stock valued at $56,615,000 after acquiring an additional 205,439 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its stake in 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 worth $21,068,000 after purchasing an additional 224,900 shares during the period. Raymond James & Associates increased its holdings in NatWest Group by 6.7% during the 3rd quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock worth $24,001,000 after purchasing an additional 162,068 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of NatWest Group by 57.0% in the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after purchasing an additional 721,578 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Kepler Capital Markets started coverage on NatWest Group in a report on Thursday, September 5th. They set a “buy” rating for the company. The Goldman Sachs Group started coverage on shares of NatWest Group in a report on Friday, October 4th. They set a “buy” rating for the company. Jefferies Financial Group raised NatWest Group from an “underperform” rating to a “buy” rating in a research report 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

NatWest Group Stock Down 0.2 %

NWG opened at $10.05 on Monday. The stock’s fifty day simple moving average is $9.99 and its 200 day simple moving average is $9.20. NatWest Group plc has a 1-year low of $5.16 and a 1-year high of $10.75. The stock has a market cap of $40.42 billion, a PE ratio of 7.61 and a beta of 1.32. 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 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.