Jane Street Group LLC Grows Holdings in NatWest Group plc (NYSE:NWG)

Jane Street Group LLC raised its stake in NatWest Group plc (NYSE:NWG) by 339.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,450 shares of the company’s stock after acquiring an additional 41,279 shares during the quarter. Jane Street Group LLC’s holdings in NatWest Group were worth $500,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Stifel Financial Corp boosted its stake in NatWest Group by 12.7% in the third quarter. Stifel Financial Corp now owns 396,490 shares of the company’s stock valued at $3,711,000 after acquiring an additional 44,560 shares during the last quarter. Quantinno Capital Management LP boosted its stake in NatWest Group by 48.8% in the third quarter. Quantinno Capital Management LP now owns 282,578 shares of the company’s stock valued at $2,645,000 after acquiring an additional 92,684 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in NatWest Group in the third quarter valued at about $989,000. HighTower Advisors LLC boosted its stake in NatWest Group by 79.1% in the third quarter. HighTower Advisors LLC now owns 194,774 shares of the company’s stock valued at $1,820,000 after acquiring an additional 86,029 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in shares of NatWest Group during the 3rd quarter valued at approximately $196,000. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

NatWest Group Stock Up 1.9 %

Shares of NYSE:NWG opened at $10.19 on Monday. The firm has a fifty day moving average price of $10.14 and a two-hundred day moving average price of $9.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. NatWest Group plc has a one year low of $5.16 and a one year high of $10.75. The company has a market cap of $40.98 billion, a price-to-earnings ratio of 7.72 and a beta of 1.31.

Wall Street Analyst Weigh In

NWG has been the subject of a number of recent research reports. 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. Jefferies Financial Group upgraded shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, The Goldman Sachs Group initiated coverage on shares of NatWest Group in a research note on Friday, October 4th. They issued a “buy” rating for the company. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently 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.