16,088 Shares in NatWest Group plc (NYSE:NWG) Bought by Townsquare Capital LLC

Townsquare Capital LLC purchased a new position in NatWest Group plc (NYSE:NWG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,088 shares of the company’s stock, valued at approximately $151,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Raymond James Trust N.A. increased its position in NatWest Group by 3.0% in the 3rd quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock valued at $336,000 after buying an additional 1,039 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of NatWest Group by 4.4% during the second quarter. Sequoia Financial Advisors LLC now owns 29,328 shares of the company’s stock valued at $236,000 after acquiring an additional 1,230 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of NatWest Group by 45.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after purchasing an additional 1,259 shares during the period. Private Trust Co. NA lifted its holdings 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 purchasing an additional 1,499 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in NatWest Group by 65.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock valued at $37,000 after purchasing an additional 1,810 shares during the period. 1.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on NWG shares. The Goldman Sachs Group started coverage on shares of NatWest Group in a research note on Friday, October 4th. They issued a “buy” rating on the stock. Kepler Capital Markets began coverage on NatWest Group in a report on Thursday, September 5th. They set a “buy” rating for the company. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Finally, Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Stock Up 0.7 %

NatWest Group stock opened at $10.63 on Friday. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.71. 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 simple moving average is $9.77 and its 200 day simple moving average is $9.04. The stock has a market cap of $44.14 billion, a PE ratio of 8.05 and a beta of 1.32.

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.