Boston Partners Raises Stock Holdings in NatWest Group plc $NWG

Boston Partners lifted its holdings in shares of NatWest Group plc (NYSE:NWG) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 460,085 shares of the company’s stock after acquiring an additional 7,007 shares during the period. Boston Partners’ holdings in NatWest Group were worth $6,507,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cetera Investment Advisers grew its position in NatWest Group by 12.9% during the 1st quarter. Cetera Investment Advisers now owns 85,554 shares of the company’s stock worth $1,020,000 after purchasing an additional 9,754 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of NatWest Group by 3.0% in the first quarter. Pacer Advisors Inc. now owns 28,042 shares of the company’s stock valued at $334,000 after buying an additional 807 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of NatWest Group by 35.7% during the first quarter. HB Wealth Management LLC now owns 24,370 shares of the company’s stock worth $290,000 after buying an additional 6,407 shares during the period. LPL Financial LLC grew its holdings in shares of NatWest Group by 92.8% during the first quarter. LPL Financial LLC now owns 580,100 shares of the company’s stock worth $6,915,000 after buying an additional 279,156 shares during the last quarter. Finally, Norden Group LLC purchased a new position in shares of NatWest Group during the first quarter worth about $134,000. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

NatWest Group stock opened at $16.73 on Friday. The company has a market cap of $67.13 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 0.66 and a beta of 1.12. NatWest Group plc has a one year low of $9.16 and a one year high of $16.82. The business has a fifty day moving average of $15.08 and a two-hundred day moving average of $14.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.06 and a current ratio of 1.05.

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 analysts’ consensus estimates of $0.50 by $0.03. NatWest Group had a net margin of 18.18% and a return on equity of 12.77%. The business had revenue of $5.82 billion during the quarter, compared to the consensus estimate of $5.63 billion. As a group, 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 several analyst reports. BNP Paribas downgraded NatWest Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 5th. BNP Paribas Exane cut NatWest Group from a “neutral” rating to an “underperform” rating in a research note on Friday, September 5th. Zacks Research raised NatWest Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of NatWest Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, NatWest Group has a consensus rating of “Hold”.

NatWest Group Company 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.