Perigon Wealth Management LLC Raises Stock Position in NatWest Group plc (NYSE:NWG)

Perigon Wealth Management LLC boosted its holdings in NatWest Group plc (NYSE:NWG) by 13.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 12,045 shares of the company’s stock after buying an additional 1,411 shares during the period. Perigon Wealth Management LLC’s holdings in NatWest Group were worth $122,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of NWG. Natixis Advisors LLC lifted its holdings in shares of NatWest Group by 10.7% in 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. Raymond James & Associates increased its position in shares of NatWest Group by 6.7% during the third quarter. Raymond James & Associates now owns 2,564,252 shares of the company’s stock worth $24,001,000 after acquiring an additional 162,068 shares during the period. FMR LLC increased its position in shares of NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after acquiring an additional 721,578 shares during the period. Crossmark Global Holdings Inc. increased its holdings 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 during the period. Finally, Mediolanum International Funds Ltd purchased a new position in NatWest Group in the third quarter worth $11,420,000. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Down 1.3 %

Shares of NYSE:NWG opened at $10.65 on Tuesday. NatWest Group plc has a 52 week low of $5.16 and a 52 week high of $10.96. The company’s 50 day moving average is $10.25 and its two-hundred day moving average is $9.62. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The company has a market cap of $42.87 billion, a PE ratio of 8.06, a P/E/G ratio of 0.80 and a beta of 1.31.

Wall Street Analysts Forecast Growth

NWG has been the subject of several 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 report on Tuesday, October 15th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, NatWest Group presently has a consensus rating of “Buy”.

About NatWest Group

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.