Orion Porfolio Solutions LLC Has $7.28 Million Stake in NatWest Group plc $NWG

Orion Porfolio Solutions LLC raised its stake in shares of NatWest Group plc (NYSE:NWG) by 45.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 514,128 shares of the company’s stock after purchasing an additional 159,855 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in NatWest Group were worth $7,275,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in NWG. Charles Schwab Investment Management Inc. grew its position in NatWest Group by 19.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 339,407 shares of the company’s stock worth $4,046,000 after buying an additional 54,770 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of NatWest Group by 25.1% in the 1st quarter. HighTower Advisors LLC now owns 234,275 shares of the company’s stock worth $2,793,000 after acquiring an additional 47,058 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of NatWest Group by 41.3% during the 1st quarter. Russell Investments Group Ltd. now owns 55,881 shares of the company’s stock worth $666,000 after purchasing an additional 16,335 shares in the last quarter. Ethic Inc. increased its position in shares of NatWest Group by 3.4% during the first quarter. Ethic Inc. now owns 216,104 shares of the company’s stock valued at $2,591,000 after purchasing an additional 7,089 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of NatWest Group by 20.3% during the first quarter. Raymond James Financial Inc. now owns 3,233,255 shares of the company’s stock valued at $38,540,000 after purchasing an additional 545,017 shares during the period. Institutional investors own 1.27% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NWG. The Goldman Sachs Group reiterated a “neutral” rating on shares of NatWest Group in a research note on Thursday, December 4th. Zacks Research downgraded shares of NatWest Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 10th. BNP Paribas Exane cut shares of NatWest Group from a “neutral” rating to an “underperform” rating in a research note on Friday, September 5th. Weiss Ratings reissued a “buy (b)” rating on shares of NatWest Group in a research report on Wednesday, October 8th. Finally, BNP Paribas cut shares of NatWest Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 5th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

NatWest Group Stock Up 2.6%

Shares of NYSE:NWG opened at $16.93 on Tuesday. The company’s fifty day moving average is $15.62 and its 200-day moving average is $14.65. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.05 and a current ratio of 1.05. NatWest Group plc has a 52 week low of $9.16 and a 52 week high of $16.94. The company has a market capitalization of $67.83 billion, a PE ratio of 9.84, a P/E/G ratio of 0.73 and a beta of 1.00.

NatWest Group (NYSE:NWG) last announced its quarterly earnings results on Friday, October 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. The firm had revenue of $5.82 billion during 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%. Equities research analysts predict that NatWest Group plc will post 1.35 earnings per share for the current fiscal 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.