NatWest Group plc (NYSE:NWG) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its holdings in NatWest Group plc (NYSE:NWG) by 309.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,675 shares of the company’s stock after acquiring an additional 76,866 shares during the period. Janney Montgomery Scott LLC’s holdings in NatWest Group were worth $1,212,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Ritholtz Wealth Management grew its holdings in NatWest Group by 7.6% during the 1st quarter. Ritholtz Wealth Management now owns 220,047 shares of the company’s stock valued at $2,623,000 after purchasing an additional 15,534 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in NatWest Group by 39.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 66,832 shares of the company’s stock valued at $797,000 after purchasing an additional 19,017 shares in the last quarter. Fifth Third Bancorp grew its holdings in NatWest Group by 20.3% during the 1st quarter. Fifth Third Bancorp now owns 74,953 shares of the company’s stock valued at $893,000 after purchasing an additional 12,626 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its holdings in NatWest Group by 48.8% during the 1st quarter. Redhawk Wealth Advisors Inc. now owns 193,888 shares of the company’s stock valued at $2,311,000 after purchasing an additional 63,597 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in NatWest Group by 15.3% during the 1st quarter. GAMMA Investing LLC now owns 13,290 shares of the company’s stock valued at $158,000 after purchasing an additional 1,761 shares in the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Trading Up 1.3%

NYSE NWG opened at $14.06 on Friday. NatWest Group plc has a 12 month low of $8.08 and a 12 month high of $14.55. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $56.60 billion, a price-to-earnings ratio of 9.43, a price-to-earnings-growth ratio of 0.82 and a beta of 1.04. The company’s fifty day moving average price is $13.65 and its two-hundred day moving average price is $11.98.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.05. The company had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. As a group, research analysts predict that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

NWG has been the subject of a number of recent analyst reports. BNP Paribas lowered shares of NatWest Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 4th. Citigroup reaffirmed a “buy” rating on shares of NatWest Group in a report on Monday, April 28th. Finally, Peel Hunt downgraded shares of NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

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.