BNP Paribas Financial Markets Invests $294,000 in NatWest Group plc (NYSE:NWG)

BNP Paribas Financial Markets purchased a new position in shares of NatWest Group plc (NYSE:NWG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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. OneAscent Financial Services LLC increased its holdings in NatWest Group by 8.2% in the 4th quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock valued at $124,000 after buying an additional 926 shares during the period. Adero Partners LLC increased its stake in shares of NatWest Group by 9.5% in the 4th quarter. Adero Partners LLC now owns 11,738 shares of the company's stock valued at $119,000 after acquiring an additional 1,014 shares during the last quarter. Gallacher Capital Management LLC increased its stake in shares of NatWest Group by 2.3% in the 4th quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock valued at $497,000 after acquiring an additional 1,093 shares during the last quarter. Pitcairn Co. increased its stake in NatWest Group by 7.4% during the 4th quarter. Pitcairn Co. now owns 17,223 shares of the company's stock worth $175,000 after purchasing an additional 1,193 shares in the last quarter. Finally, Optas LLC increased its stake in NatWest Group by 11.5% during the 4th quarter. Optas LLC now owns 11,912 shares of the company's stock worth $121,000 after purchasing an additional 1,228 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Trading Up 0.5%

Shares of NWG traded up $0.08 during mid-day trading on Thursday, reaching $14.25. The company's stock had a trading volume of 5,101,254 shares, compared to its average volume of 3,650,969. The stock has a market cap of $57.37 billion, a PE ratio of 10.47, a P/E/G ratio of 0.85 and a beta of 1.01. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a 52 week low of $7.80 and a 52 week high of $14.42. The company's fifty day moving average price is $12.60 and its two-hundred day moving average price is $11.38.

NatWest Group (NYSE:NWG - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.05. The business had revenue of $5.30 billion during the quarter, compared to analysts' expectations of $3.80 billion. On average, analysts predict that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on NWG shares. Citigroup reissued a "buy" rating on shares of NatWest Group in a report on Monday, April 28th. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. Finally, Peel Hunt lowered NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently 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.