Janney Montgomery Scott LLC Takes $252,000 Position in NatWest Group plc (NYSE:NWG)

Janney Montgomery Scott LLC purchased a new stake in NatWest Group plc (NYSE:NWG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 24,809 shares of the company's stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Private Trust Co. NA increased its stake in NatWest Group by 121.3% during the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company's stock worth $26,000 after buying an additional 1,499 shares during the period. Hilltop National Bank purchased a new stake in NatWest Group during the 4th quarter worth approximately $29,000. Wilmington Savings Fund Society FSB purchased a new stake in NatWest Group during the 3rd quarter worth approximately $33,000. GAMMA Investing LLC increased its stake 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 during the period. Finally, Marks Group Wealth Management Inc purchased a new stake in NatWest Group during the 3rd quarter worth approximately $96,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Stock Down 2.3 %

NYSE NWG traded down $0.26 on Friday, hitting $10.85. 3,097,960 shares of the stock were exchanged, compared to its average volume of 2,968,276. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17. NatWest Group plc has a fifty-two week low of $5.46 and a fifty-two week high of $11.37. The company has a market cap of $43.68 billion, a PE ratio of 8.22, a PEG ratio of 0.84 and a beta of 1.30. The company has a 50-day moving average price of $10.41 and a 200-day moving average price of $9.76.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a "hold" rating to a "moderate buy" rating in a research note 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. According to MarketBeat.com, the stock has an average 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.