OLD National Bancorp IN Increases Position in NatWest Group plc (NYSE:NWG)

OLD National Bancorp IN increased its stake in shares of NatWest Group plc (NYSE:NWG) by 28.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 23,859 shares of the company’s stock after acquiring an additional 5,214 shares during the period. OLD National Bancorp IN’s holdings in NatWest Group were worth $243,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NWG. Bruce G. Allen Investments LLC boosted its stake in shares of NatWest Group by 285.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock worth $26,000 after acquiring an additional 2,083 shares in the last quarter. Private Trust Co. NA raised its holdings in NatWest Group by 121.3% during the third 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 during the last quarter. Hilltop National Bank purchased a new stake in NatWest Group during the fourth quarter worth $29,000. Hexagon Capital Partners LLC grew its holdings in NatWest Group by 134.5% in the third quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock valued at $32,000 after purchasing an additional 1,980 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of NatWest Group in the third quarter valued at $33,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Trading Down 1.1 %

NatWest Group stock opened at $10.78 on Monday. The stock has a 50-day moving average price of $10.25 and a 200 day moving average price of $9.61. NatWest Group plc has a 52 week low of $5.16 and a 52 week high of $10.96. The stock has a market cap of $43.39 billion, a PE ratio of 8.16, a P/E/G ratio of 0.81 and a beta of 1.31. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. 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. Jefferies Financial Group raised shares of NatWest Group from an “underperform” rating to a “buy” rating in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

NatWest Group Company 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.