NatWest Group plc (NYSE:NWG) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP reduced its position in shares of NatWest Group plc (NYSE:NWG - Free Report) by 91.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,355 shares of the company's stock after selling 584,612 shares during the period. Two Sigma Investments LP's holdings in NatWest Group were worth $553,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. OneAscent Financial Services LLC boosted its position in shares of NatWest Group by 8.2% in the fourth quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock worth $124,000 after acquiring an additional 926 shares during the last quarter. Gallacher Capital Management LLC boosted its position in shares of NatWest Group by 2.3% in the fourth quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock worth $497,000 after acquiring an additional 1,093 shares during the last quarter. Pitcairn Co. boosted its position in shares of NatWest Group by 7.4% in the fourth quarter. Pitcairn Co. now owns 17,223 shares of the company's stock worth $175,000 after acquiring an additional 1,193 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of NatWest Group by 4.3% in the fourth quarter. Integrated Wealth Concepts LLC now owns 35,871 shares of the company's stock worth $365,000 after acquiring an additional 1,473 shares during the last quarter. Finally, Schechter Investment Advisors LLC boosted its position in shares of NatWest Group by 14.8% in the fourth quarter. Schechter Investment Advisors LLC now owns 13,292 shares of the company's stock worth $135,000 after acquiring an additional 1,717 shares during the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

NatWest Group Trading Up 1.1%

Shares of NWG stock opened at $14.42 on Monday. The stock has a market cap of $58.07 billion, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 0.85 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a fifty-two week low of $7.80 and a fifty-two week high of $14.55. The firm's 50 day moving average price is $12.93 and its two-hundred day moving average price is $11.60.

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

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.

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