NatWest Group plc $NWG Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in NatWest Group plc (NYSE:NWG) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,399,866 shares of the company’s stock after acquiring an additional 494,472 shares during the period. Natixis Advisors LLC owned about 0.33% of NatWest Group worth $234,498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Larson Financial Group LLC raised its holdings in shares of NatWest Group by 427.7% in the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock valued at $26,000 after buying an additional 1,484 shares during the last quarter. Bessemer Group Inc. raised its holdings in shares of NatWest Group by 88.7% in the third 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. American National Bank & Trust acquired a new position in shares of NatWest Group during the fourth quarter worth about $31,000. Rachor Investment Advisory Services LLC acquired a new position in NatWest Group during the fourth quarter worth about $34,000. Finally, Allworth Financial LP grew its position in shares of NatWest Group by 186.8% in the third quarter. Allworth Financial LP now owns 2,739 shares of the company’s stock valued at $39,000 after purchasing an additional 1,784 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NWG has been the topic of a number of research reports. Zacks Research downgraded shares of NatWest Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings downgraded shares of NatWest Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of NatWest Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Keefe, Bruyette & Woods downgraded shares of NatWest Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, BNP Paribas Exane upgraded shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

NatWest Group Stock Performance

Shares of NWG opened at $15.95 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $63.56 billion, a PE ratio of 8.48, a PEG ratio of 0.86 and a beta of 0.94. The company’s 50 day moving average price is $15.59 and its 200 day moving average price is $16.39. NatWest Group plc has a 52 week low of $12.91 and a 52 week high of $19.35.

NatWest Group (NYSE:NWG) last posted its earnings results on Friday, May 1st. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The firm had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.80 billion. NatWest Group had a net margin of 19.11% and a return on equity of 13.30%. Research analysts expect that NatWest Group plc will post 1.97 EPS for the current fiscal year.

NatWest Group Profile

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.