Capital Fund Management S.A. Has $10.79 Million Holdings in NatWest Group plc $NWG

Capital Fund Management S.A. boosted its position in shares of NatWest Group plc (NYSE:NWG) by 158.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 762,761 shares of the company’s stock after buying an additional 468,083 shares during the period. Capital Fund Management S.A.’s holdings in NatWest Group were worth $10,793,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NWG. Millennium Management LLC boosted its position in shares of NatWest Group by 364.3% during the 1st quarter. Millennium Management LLC now owns 2,938,011 shares of the company’s stock worth $35,021,000 after acquiring an additional 2,305,175 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of NatWest Group by 62.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,621,691 shares of the company’s stock valued at $22,947,000 after purchasing an additional 622,331 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of NatWest Group by 20.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,304,281 shares of the company’s stock valued at $46,756,000 after purchasing an additional 559,731 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of NatWest Group by 1,102.0% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 600,743 shares of the company’s stock worth $7,161,000 after buying an additional 550,764 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of NatWest Group by 20.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,233,255 shares of the company’s stock worth $38,540,000 after buying an additional 545,017 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NWG shares. BNP Paribas cut NatWest Group from a “hold” rating to a “strong sell” rating in a research report on Friday, September 5th. BNP Paribas Exane downgraded shares of NatWest Group from a “neutral” rating to an “underperform” rating in a research note on Friday, September 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of NatWest Group in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

NatWest Group Stock Performance

NYSE:NWG opened at $16.73 on Friday. The stock’s 50-day moving average is $15.08 and its 200-day moving average is $14.44. NatWest Group plc has a 1-year low of $9.16 and a 1-year high of $16.82. The company has a current ratio of 1.05, a quick ratio of 1.06 and a debt-to-equity ratio of 0.14. The stock 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 (NYSE:NWG) last posted its earnings results on Friday, October 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $5.63 billion. Equities research analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current year.

About NatWest Group

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.