Quantinno Capital Management LP Grows Position in NatWest Group plc (NYSE:NWG)

Quantinno Capital Management LP increased its position in shares of NatWest Group plc (NYSE:NWG - Free Report) by 32.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 374,902 shares of the company's stock after acquiring an additional 92,324 shares during the period. Quantinno Capital Management LP's holdings in NatWest Group were worth $3,813,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new position in NatWest Group during the 4th quarter worth about $27,000. First Horizon Advisors Inc. lifted its stake in NatWest Group by 161.4% during the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $29,000 after acquiring an additional 1,787 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in NatWest Group during the 4th quarter worth about $35,000. Whittier Trust Co. acquired a new position in NatWest Group during the 4th quarter worth about $42,000. Finally, Lazard Asset Management LLC acquired a new position in NatWest Group during the 4th quarter worth about $44,000. Institutional investors and hedge funds own 1.27% of the company's stock.

Analyst Ratings Changes

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

NatWest Group Stock Up 1.2%

NYSE NWG traded up $0.18 during trading hours on Friday, hitting $14.32. 4,510,622 shares of the company were exchanged, compared to its average volume of 3,631,562. The company has a 50 day moving average of $12.48 and a two-hundred day moving average of $11.30. 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 52-week low of $7.80 and a 52-week high of $14.35. The firm has a market cap of $57.65 billion, a price-to-earnings ratio of 10.53, a PEG ratio of 0.85 and a beta of 1.01.

NatWest Group (NYSE:NWG - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The company had revenue of $5.30 billion for the quarter, compared to analysts' expectations of $3.80 billion. Equities research analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current year.

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.