Pitcairn Co. Takes Position in NatWest Group plc (NYSE:NWG)

Pitcairn Co. bought a new stake in shares of NatWest Group plc (NYSE:NWG) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,563 shares of the company’s stock, valued at approximately $106,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NWG. Natixis Advisors L.P. increased its holdings in NatWest Group by 7.4% during the fourth quarter. Natixis Advisors L.P. now owns 6,957,728 shares of the company’s stock valued at $39,172,000 after buying an additional 480,534 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of NatWest Group by 6.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,632,743 shares of the company’s stock worth $37,347,000 after purchasing an additional 418,878 shares during the period. Brandes Investment Partners LP boosted its position in shares of NatWest Group by 44.4% in the fourth quarter. Brandes Investment Partners LP now owns 1,306,605 shares of the company’s stock worth $7,356,000 after purchasing an additional 401,868 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of NatWest Group by 49.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 993,364 shares of the company’s stock worth $6,755,000 after purchasing an additional 328,518 shares during the period. Finally, Boston Partners bought a new position in shares of NatWest Group in the fourth quarter worth approximately $950,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Price Performance

NWG opened at $9.36 on Friday. NatWest Group plc has a 1-year low of $4.30 and a 1-year high of $9.36. The company has a 50 day simple moving average of $8.29 and a two-hundred day simple moving average of $7.12. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17.

NatWest Group (NYSE:NWG) last issued its earnings results on Friday, April 26th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The company had revenue of $3.48 billion for the quarter. As a group, equities analysts anticipate that NatWest Group plc will post 0.98 earnings per share 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.