NatWest Group plc (NYSE:NWG) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its position in NatWest Group plc (NYSE:NWG) by 1.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 895,152 shares of the company’s stock after acquiring an additional 14,019 shares during the period. Massachusetts Financial Services Co. MA’s holdings in NatWest Group were worth $8,379,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC grew its holdings in NatWest Group by 285.3% in the third quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock valued at $26,000 after purchasing an additional 2,083 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of NatWest Group by 45.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after buying an additional 1,259 shares in the last quarter. Hexagon Capital Partners LLC grew its stake in NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after acquiring an additional 1,980 shares during the last quarter. GAMMA Investing LLC raised its position in NatWest Group by 65.7% during the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after acquiring an additional 1,810 shares during the last quarter. Finally, Fulton Bank N.A. purchased a new stake in shares of NatWest Group in the second quarter valued at about $84,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Trading Down 0.8 %

Shares of NatWest Group stock opened at $9.92 on Wednesday. NatWest Group plc has a fifty-two week low of $5.16 and a fifty-two week high of $10.31. The business’s fifty day moving average is $9.58 and its two-hundred day moving average is $8.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17. The firm has a market cap of $41.17 billion, a PE ratio of 7.51 and a beta of 1.32.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of NatWest Group in a research note on Friday, October 4th. They set a “buy” rating for the company. Jefferies Financial Group raised NatWest Group from an “underperform” rating to a “buy” rating in a report on Tuesday, October 15th. Kepler Capital Markets assumed coverage on NatWest Group in a research note on Thursday, September 5th. They set a “buy” rating on the stock. UBS Group raised shares of NatWest Group to a “strong-buy” rating in a research note on Tuesday, July 30th. Finally, 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 equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group currently 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.