Teachers Retirement System of The State of Kentucky Acquires 10,500 Shares of NatWest Group plc (NYSE:NWG)

Teachers Retirement System of The State of Kentucky raised its holdings in shares of NatWest Group plc (NYSE:NWG) by 0.5% in the fourth quarter, HoldingsChannel reports. The firm owned 2,028,471 shares of the company’s stock after buying an additional 10,500 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in NatWest Group were worth $11,420,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barometer Capital Management Inc. purchased a new stake in NatWest Group in the fourth quarter worth about $119,000. Dorsey & Whitney Trust CO LLC lifted its stake in shares of NatWest Group by 11.2% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 56,297 shares of the company’s stock valued at $317,000 after purchasing an additional 5,668 shares during the period. Catalytic Wealth RIA LLC bought a new stake in shares of NatWest Group during the fourth quarter valued at approximately $113,000. Moreno Evelyn V purchased a new stake in NatWest Group in the fourth quarter worth $70,000. Finally, Pzena Investment Management LLC raised its holdings in NatWest Group by 44.0% in the fourth quarter. Pzena Investment Management LLC now owns 70,432 shares of the company’s stock worth $397,000 after purchasing an additional 21,524 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Down 0.7 %

NatWest Group stock traded down $0.06 on Friday, hitting $7.94. 1,061,392 shares of the stock traded hands, compared to its average volume of 1,403,830. The business’s fifty day simple moving average is $7.79 and its 200 day simple moving average is $6.56. The firm has a market cap of $33.06 billion, a P/E ratio of 7.89, a price-to-earnings-growth ratio of 2.34 and a beta of 1.34. 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 plc has a 1 year low of $4.30 and a 1 year high of $8.48.

NatWest Group (NYSE:NWG) last issued its quarterly earnings results on Friday, April 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $3.48 billion for the quarter. As a group, sell-side analysts forecast that NatWest Group plc will post 0.97 earnings per share for the current year.

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.