Impact Investors Inc Acquires New Position in NatWest Group plc $NWG

Impact Investors Inc bought a new position in shares of NatWest Group plc (NYSE:NWG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 33,146 shares of the company’s stock, valued at approximately $494,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NWG. Fisher Asset Management LLC lifted its holdings in NatWest Group by 4.3% in the fourth quarter. Fisher Asset Management LLC now owns 40,912,201 shares of the company’s stock valued at $715,964,000 after acquiring an additional 1,677,879 shares during the last quarter. Capital International Investors raised its position in NatWest Group by 1.2% in the third quarter. Capital International Investors now owns 13,531,451 shares of the company’s stock valued at $188,764,000 after purchasing an additional 156,832 shares during the period. Natixis Advisors LLC raised its position in NatWest Group by 3.8% in the fourth quarter. Natixis Advisors LLC now owns 13,399,866 shares of the company’s stock valued at $234,498,000 after purchasing an additional 494,472 shares during the period. Morgan Stanley lifted its stake in shares of NatWest Group by 10.0% in the 4th quarter. Morgan Stanley now owns 11,061,146 shares of the company’s stock valued at $193,570,000 after purchasing an additional 1,009,044 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of NatWest Group by 0.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,858,522 shares of the company’s stock worth $120,024,000 after purchasing an additional 18,334 shares during the period. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Stock Down 2.6%

Shares of NYSE NWG opened at $17.52 on Thursday. The stock has a market cap of $69.85 billion, a P/E ratio of 9.32, a PEG ratio of 0.96 and a beta of 0.92. The business’s fifty day simple moving average is $16.31 and its 200-day simple moving average is $16.51. NatWest Group plc has a 12-month low of $13.16 and a 12-month high of $19.35. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

NatWest Group (NYSE:NWG) last released its earnings results on Friday, May 1st. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.44 by $0.04. NatWest Group had a return on equity of 13.30% and a net margin of 19.11%.The firm had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.80 billion. As a group, equities analysts predict that NatWest Group plc will post 1.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NWG has been the topic of several research analyst reports. Keefe, Bruyette & Woods lowered shares of NatWest Group from a “moderate buy” rating to a “hold” rating in a report on Monday, April 20th. Berenberg Bank began coverage on shares of NatWest Group in a report on Wednesday, June 24th. They issued a “buy” rating on the stock. BNP Paribas Exane raised shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen lowered NatWest Group from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Zacks Research cut NatWest Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NatWest Group currently has a consensus 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.