NatWest Group plc (NYSE:NWG) Shares Bought by Trexquant Investment LP

Trexquant Investment LP lifted its position in shares of NatWest Group plc (NYSE:NWG - Free Report) by 510.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 247,808 shares of the company's stock after acquiring an additional 207,242 shares during the period. Trexquant Investment LP's holdings in NatWest Group were worth $2,520,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new stake in shares of NatWest Group during the fourth quarter worth $27,000. Hilltop National Bank bought a new stake in shares of NatWest Group during the 4th quarter valued at about $29,000. First Horizon Advisors Inc. raised its stake in NatWest Group by 161.4% during the fourth 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 during the period. Wilmington Savings Fund Society FSB bought a new position in NatWest Group in the third quarter worth about $33,000. Finally, Geneos Wealth Management Inc. acquired a new position in NatWest Group in the fourth quarter valued at approximately $35,000. 1.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NWG has been the topic of several recent research reports. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a report 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. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

NatWest Group Stock Performance

Shares of NWG traded up $0.36 during mid-day trading on Friday, reaching $11.63. 5,893,409 shares of the company's stock traded hands, compared to its average volume of 3,156,736. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. The business's 50-day moving average price is $11.63 and its 200-day moving average price is $10.56. The stock has a market capitalization of $46.82 billion, a P/E ratio of 8.55, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. NatWest Group plc has a 12 month low of $6.75 and a 12 month high of $12.65.

NatWest Group (NYSE:NWG - Get Free Report) last announced its earnings results on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. Equities analysts predict that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 14th will be given a $0.3899 dividend. This represents a yield of 3.8%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. NatWest Group's dividend payout ratio is currently 55.88%.

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.