24,809 Shares in NatWest Group plc (NYSE:NWG) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in NatWest Group plc (NYSE:NWG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,809 shares of the company’s stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NWG. AQR Capital Management LLC lifted its position in NatWest Group by 193.7% during the 2nd quarter. AQR Capital Management LLC now owns 37,597 shares of the company’s stock worth $302,000 after buying an additional 24,798 shares in the last quarter. Truist Financial Corp lifted its position in NatWest Group by 21.7% during the 2nd quarter. Truist Financial Corp now owns 64,187 shares of the company’s stock worth $515,000 after buying an additional 11,464 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in NatWest Group during the 2nd quarter worth about $391,000. GAMMA Investing LLC lifted its position in NatWest Group by 61.9% during the 3rd quarter. GAMMA Investing LLC now owns 7,391 shares of the company’s stock worth $69,000 after buying an additional 2,825 shares in the last quarter. Finally, Creative Planning lifted its position in NatWest Group by 21.0% during the 3rd quarter. Creative Planning now owns 144,276 shares of the company’s stock worth $1,350,000 after buying an additional 25,075 shares in the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Up 0.9 %

Shares of NWG stock opened at $11.36 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day moving average is $10.37 and its 200-day moving average is $9.73. The stock has a market cap of $45.75 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.84 and a beta of 1.30. NatWest Group plc has a 52-week low of $5.16 and a 52-week high of $11.37.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 4th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.