NatWest Group plc (NYSE:NWG) Shares Bought by Millennium Management LLC

Millennium Management LLC lifted its holdings in shares of NatWest Group plc (NYSE:NWG - Free Report) by 122.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 632,836 shares of the company's stock after purchasing an additional 348,963 shares during the quarter. Millennium Management LLC's holdings in NatWest Group were worth $6,436,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in NatWest Group in the 4th quarter valued at approximately $252,000. Geneos Wealth Management Inc. purchased a new position in NatWest Group in the fourth quarter valued at $35,000. Blue Trust Inc. increased its holdings in NatWest Group by 24.6% during the 4th quarter. Blue Trust Inc. now owns 79,647 shares of the company's stock worth $745,000 after purchasing an additional 15,723 shares during the period. Perigon Wealth Management LLC increased its holdings in NatWest Group by 13.3% during the 4th 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 during the period. Finally, OLD National Bancorp IN raised its position in NatWest Group by 28.0% in the 4th quarter. OLD National Bancorp IN now owns 23,859 shares of the company's stock valued at $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.

NatWest Group Stock Up 0.4%

Shares of NatWest Group stock traded up $0.05 during trading hours on Friday, hitting $14.30. The company had a trading volume of 4,904,028 shares, compared to its average volume of 3,655,961. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The company's 50-day moving average is $12.64 and its two-hundred day moving average is $11.40. The company has a market cap of $57.59 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. NatWest Group plc has a twelve month low of $7.80 and a twelve month high of $14.42.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.05. The company had revenue of $5.30 billion during the quarter, compared to analyst estimates of $3.80 billion. Analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.