NatWest Group plc (NYSE:NWG) Short Interest Update

NatWest Group plc (NYSE:NWG) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 1,991,500 shares, an increase of 138.5% from the February 12th total of 835,025 shares. Based on an average daily volume of 4,013,801 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,013,801 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NWG. Larson Financial Group LLC increased its position in NatWest Group by 427.7% during the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock worth $26,000 after purchasing an additional 1,484 shares during the last quarter. Salomon & Ludwin LLC boosted its holdings in NatWest Group by 2,941.7% in 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 during the last quarter. Bessemer Group Inc. grew its stake in shares of NatWest Group by 88.7% in the 3rd quarter. Bessemer Group Inc. now owns 2,068 shares of the company’s stock valued at $29,000 after buying an additional 972 shares during the period. American National Bank & Trust acquired a new stake in shares of NatWest Group during the 4th quarter worth approximately $31,000. Finally, Rachor Investment Advisory Services LLC acquired a new stake in shares of NatWest Group during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Trading Down 2.4%

NWG opened at $14.96 on Friday. The firm has a market capitalization of $59.75 billion, a price-to-earnings ratio of 8.35, a price-to-earnings-growth ratio of 0.51 and a beta of 0.95. The company’s 50 day simple moving average is $17.06 and its two-hundred day simple moving average is $16.01. NatWest Group has a 1-year low of $10.40 and a 1-year high of $19.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.46 earnings per share (EPS) for the quarter, beating 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 business had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.59 billion. Analysts expect that NatWest Group will post 1.35 EPS for the current fiscal year.

NatWest Group Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, March 20th will be paid a $0.621 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a dividend yield of 743.0%. NatWest Group’s dividend payout ratio (DPR) is 27.93%.

Wall Street Analyst Weigh In

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

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.