NatWest Group plc $NWG Stock Holdings Lifted by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of NatWest Group plc (NYSE:NWG) by 7.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 12,905,394 shares of the company’s stock after acquiring an additional 851,997 shares during the quarter. Natixis Advisors LLC’s holdings in NatWest Group were worth $182,611,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its stake in NatWest Group by 2,941.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,825 shares of the company’s stock worth $27,000 after purchasing an additional 1,765 shares during the period. Bessemer Group Inc. lifted its holdings in shares of NatWest Group by 88.7% during the 3rd quarter. Bessemer Group Inc. now owns 2,068 shares of the company’s stock valued at $29,000 after buying an additional 972 shares during the last quarter. True Wealth Design LLC bought a new stake in NatWest Group in the third quarter worth approximately $49,000. First Horizon Advisors Inc. boosted its holdings in NatWest Group by 22.6% in the second quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company’s stock worth $57,000 after purchasing an additional 746 shares in the last quarter. Finally, MAI Capital Management increased its holdings in shares of NatWest Group by 410.8% during the 2nd quarter. MAI Capital Management now owns 4,403 shares of the company’s stock valued at $62,000 after acquiring an additional 3,541 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Price Performance

Shares of NWG stock opened at $15.52 on Friday. NatWest Group plc has a 12 month low of $10.40 and a 12 month high of $19.35. The stock has a 50-day moving average price of $17.26 and a 200 day moving average price of $16.01. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.14. The firm has a market cap of $62.01 billion, a price-to-earnings ratio of 8.67, a PEG ratio of 0.52 and a beta of 0.95.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. The business had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.59 billion. NatWest Group had a net margin of 18.59% and a return on equity of 13.05%. Research analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, March 20th will be paid a $0.621 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a yield of 743.0%. NatWest Group’s dividend payout ratio is presently 27.93%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NWG. Barclays reiterated an “equal weight” rating on shares of NatWest Group in a research note on Wednesday, January 7th. Weiss Ratings reissued a “buy (b)” rating on shares of NatWest Group in a report on Thursday, January 22nd. The Goldman Sachs Group reiterated a “neutral” rating on shares of NatWest Group in a research report on Thursday, December 4th. Zacks Research upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Finally, BNP Paribas Exane raised shares of NatWest Group from a “strong sell” rating to a “hold” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About NatWest Group

NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland. The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand. NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.

The group provides a broad range of banking services across retail, private, commercial, corporate and institutional segments.