BNP Paribas Financial Markets Acquires Shares of 28,937 NatWest Group plc (NYSE:NWG)

BNP Paribas Financial Markets purchased a new stake in shares of NatWest Group plc (NYSE:NWG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,937 shares of the company's stock, valued at approximately $294,000.

A number of other institutional investors have also recently added to or reduced their stakes in NWG. Janney Montgomery Scott LLC purchased a new stake in NatWest Group during the fourth quarter valued at about $252,000. Geneos Wealth Management Inc. acquired a new position in shares of NatWest Group during the fourth quarter worth about $35,000. Blue Trust Inc. lifted its stake in shares of NatWest Group by 24.6% during the fourth quarter. Blue Trust Inc. now owns 79,647 shares of the company's stock worth $745,000 after purchasing an additional 15,723 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in shares of NatWest Group by 13.3% during the fourth quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company's stock worth $122,000 after purchasing an additional 1,411 shares in the last quarter. Finally, OLD National Bancorp IN lifted its stake in shares of NatWest Group by 28.0% during the fourth quarter. OLD National Bancorp IN now owns 23,859 shares of the company's stock worth $243,000 after purchasing an additional 5,214 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on NWG shares. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Peel Hunt cut NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. Finally, Citigroup restated a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy".

NatWest Group Stock Up 0.4%

Shares of NYSE:NWG traded up $0.05 during trading on Friday, hitting $14.30. The company's stock had a trading volume of 4,904,028 shares, compared to its average volume of 3,674,161. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a fifty-two week low of $7.80 and a fifty-two week high of $14.42. The stock's 50-day moving average price is $12.69 and its two-hundred day moving average price is $11.45. The company has a market capitalization of $57.59 billion, a PE ratio of 10.51, a PEG ratio of 0.85 and a beta of 1.01.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05. The firm had revenue of $5.30 billion during the quarter, compared to the consensus estimate of $3.80 billion. As a group, sell-side analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

About NatWest Group

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.