First Trust Direct Indexing L.P. Raises Stake in NatWest Group plc (NYSE:NWG)

First Trust Direct Indexing L.P. raised its position in NatWest Group plc (NYSE:NWGFree Report) by 4.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,986 shares of the company’s stock after acquiring an additional 1,501 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in NatWest Group were worth $218,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Addison Advisors LLC lifted its position in shares of NatWest Group by 48.9% during the 4th quarter. Addison Advisors LLC now owns 6,520 shares of the company’s stock worth $37,000 after buying an additional 2,141 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of NatWest Group during the 1st quarter worth approximately $44,000. Johnson Investment Counsel Inc. purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $58,000. Five Oceans Advisors purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $62,000. Finally, Vicus Capital purchased a new stake in shares of NatWest Group during the 1st quarter worth approximately $75,000. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Down 2.8 %

Shares of NYSE:NWG opened at $8.37 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.08 and a current ratio of 1.08. NatWest Group plc has a twelve month low of $4.30 and a twelve month high of $8.68. The firm has a 50 day simple moving average of $8.14 and a 200-day simple moving average of $6.89.

NatWest Group (NYSE:NWGGet Free Report) last announced its earnings results on Friday, April 26th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $3.48 billion during the quarter. On average, research analysts expect that NatWest Group plc will post 0.98 EPS for the current year.

NatWest Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NatWest Group (NYSE:NWG)

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