NatWest Group plc $NWG Shares Bought by Capital International Investors

Capital International Investors grew its position in shares of NatWest Group plc (NYSE:NWG) by 1.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,531,451 shares of the company’s stock after purchasing an additional 156,832 shares during the period. Capital International Investors owned approximately 0.34% of NatWest Group worth $188,764,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC grew its holdings in NatWest Group by 2,941.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,825 shares of the company’s stock valued at $27,000 after purchasing an additional 1,765 shares in the last quarter. Bessemer Group Inc. lifted its holdings in NatWest Group by 88.7% in the 3rd quarter. Bessemer Group Inc. now owns 2,068 shares of the company’s stock worth $29,000 after buying an additional 972 shares in the last quarter. True Wealth Design LLC purchased a new position in NatWest Group in the 3rd quarter valued at about $49,000. Geneos Wealth Management Inc. grew its stake in shares of NatWest Group by 35.2% during the first quarter. Geneos Wealth Management Inc. now owns 4,594 shares of the company’s stock valued at $55,000 after acquiring an additional 1,195 shares in the last quarter. Finally, MAI Capital Management grew its stake in shares of NatWest Group by 410.8% during the second quarter. MAI Capital Management now owns 4,403 shares of the company’s stock valued at $62,000 after acquiring an additional 3,541 shares in the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Barclays reissued an “equal weight” rating on shares of NatWest Group in a report on Wednesday, January 7th. Zacks Research upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reissued a “buy (b)” rating on shares of NatWest Group in a research report on Thursday, January 22nd. BNP Paribas Exane upgraded shares of NatWest Group from a “strong sell” rating to a “hold” rating in a research note on Friday, February 27th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of NatWest Group in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

NatWest Group Stock Down 0.8%

Shares of NatWest Group stock opened at $15.88 on Thursday. The business has a 50-day moving average price of $17.16 and a 200 day moving average price of $16.02. NatWest Group plc has a fifty-two week low of $10.40 and a fifty-two week high of $19.35. The firm has a market cap of $63.43 billion, a P/E ratio of 8.87, a P/E/G ratio of 0.54 and a beta of 0.95. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.14.

NatWest Group (NYSE:NWG) last released its earnings results on Thursday, February 12th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%.The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.59 billion. On average, sell-side analysts forecast that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, March 20th will be issued a $0.621 dividend. This represents a yield of 743.0%. The ex-dividend date of this dividend is Friday, March 20th. NatWest Group’s payout ratio is currently 67.60%.

NatWest Group Company 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.