Integrated Quantitative Investments LLC Makes New $1.19 Million Investment in NatWest Group plc $NWG

Integrated Quantitative Investments LLC acquired a new stake in NatWest Group plc (NYSE:NWG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 83,763 shares of the company’s stock, valued at approximately $1,185,000.

Other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC purchased a new stake in NatWest Group in the 2nd quarter worth approximately $26,000. Zions Bancorporation National Association UT acquired a new stake in shares of NatWest Group during the first quarter worth $29,000. Geneos Wealth Management Inc. grew its position in shares of NatWest Group by 35.2% in the first quarter. Geneos Wealth Management Inc. now owns 4,594 shares of the company’s stock valued at $55,000 after purchasing an additional 1,195 shares during the period. First Horizon Advisors Inc. increased its stake in NatWest Group by 22.6% in the second quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company’s stock valued at $57,000 after purchasing an additional 746 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new stake in NatWest Group in the 1st quarter worth about $97,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NWG. Zacks Research upgraded shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 30th. BNP Paribas Exane lowered shares of NatWest Group from a “neutral” rating to an “underperform” rating in a research report on Friday, September 5th. BNP Paribas lowered shares of NatWest Group from a “hold” rating to a “strong sell” rating in a report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of NatWest Group in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, NatWest Group presently has an average rating of “Hold”.

NatWest Group Trading Down 2.4%

Shares of NWG stock opened at $15.83 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. NatWest Group plc has a fifty-two week low of $9.16 and a fifty-two week high of $16.52. The firm’s 50 day moving average price is $14.80 and its two-hundred day moving average price is $14.25. The stock has a market cap of $63.50 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 0.66 and a beta of 1.12.

NatWest Group (NYSE:NWG) last issued its earnings results on Friday, October 24th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. The business had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.63 billion. NatWest Group had a net margin of 18.18% and a return on equity of 12.77%. On average, analysts anticipate that NatWest Group plc will post 1.35 EPS 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.