NatWest Group plc (NWG) – What Are Brokerages Saying About This Stock?

NatWest Group plc (NYSE:NWG) has been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company.

NWG has been the topic of several research analyst reports. Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. Wall Street Zen lowered NatWest Group from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. Barclays upgraded shares of NatWest Group from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, October 13th. Morgan Stanley raised NatWest Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, September 2nd. Finally, Weiss Ratings downgraded NatWest Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday.

NatWest Group Price Performance

NWG stock opened at $17.07 on Tuesday. The firm has a market capitalization of $67.80 billion, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 0.76 and a beta of 0.94. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $18.12 and a two-hundred day simple moving average of $17.09. NatWest Group has a 52 week low of $13.76 and a 52 week high of $19.42.

NatWest Group (NYSE:NWG) last released its earnings results on Thursday, July 30th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.09. The firm had revenue of $5.89 billion for the quarter, compared to the consensus estimate of $5.90 billion. NatWest Group had a return on equity of 14.01% and a net margin of 20.10%. Analysts anticipate that NatWest Group will post 1.97 earnings per share for the current fiscal year.

NatWest Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, August 14th were paid a dividend of $0.3222 per share. This represents a yield of 337.0%. The ex-dividend date was Friday, August 14th. This is a drop from NatWest Group’s previous dividend of $0.6210. NatWest Group’s dividend payout ratio (DPR) is presently 31.34%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its position in NatWest Group by 17.8% in the first quarter. Bank of America Corp DE now owns 6,948,264 shares of the company’s stock valued at $103,529,000 after buying an additional 1,048,804 shares during the last quarter. Quantinno Capital Management LP raised its position in NatWest Group by 14.0% during the 1st quarter. Quantinno Capital Management LP now owns 889,533 shares of the company’s stock worth $13,254,000 after buying an additional 109,338 shares during the last quarter. Sei Investments Co. raised its position in NatWest Group by 28.9% during the 1st quarter. Sei Investments Co. now owns 566,648 shares of the company’s stock worth $8,443,000 after buying an additional 126,996 shares during the last quarter. QRG Capital Management Inc. lifted its stake in NatWest Group by 12.4% during the 2nd quarter. QRG Capital Management Inc. now owns 558,069 shares of the company’s stock valued at $9,839,000 after acquiring an additional 61,748 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in NatWest Group by 8.7% during the 1st quarter. Bank of New York Mellon Corp now owns 473,757 shares of the company’s stock valued at $7,059,000 after acquiring an additional 37,902 shares during the period. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services company. Through brands including NatWest, Royal Bank of Scotland, Ulster Bank and Coutts, it provides current accounts, savings products, mortgages, personal loans, credit cards, insurance and other financial services to individuals and households.

The group also serves small and medium-sized businesses, larger companies and institutional clients. Its commercial and institutional banking activities include lending, transaction banking, cash management, payments, trade finance, capital markets services and risk-management solutions.