NatWest Group (NYSE:NWG – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, reports. The business had revenue of $4.87 billion for the quarter.
NatWest Group Stock Down 0.8 %
NWG opened at $9.49 on Friday. The stock’s fifty day moving average is $9.17 and its 200-day moving average is $8.53. NatWest Group has a one year low of $4.30 and a one year high of $9.83. The company has a market capitalization of $39.51 billion, a PE ratio of 7.84 and a beta of 1.33. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.08 and a current ratio of 1.07.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in NatWest Group in the 2nd quarter valued at about $597,000. QRG Capital Management Inc. boosted its holdings in NatWest Group by 291.3% during the second quarter. QRG Capital Management Inc. now owns 184,287 shares of the company’s stock worth $1,480,000 after buying an additional 137,196 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in NatWest Group in the first quarter worth approximately $44,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of NatWest Group by 43.7% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 28,263 shares of the company’s stock valued at $192,000 after buying an additional 8,595 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of NatWest Group during the 2nd quarter valued at $1,606,000. 1.27% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on NWG
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.
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