GAMMA Investing LLC Grows Stock Position in NatWest Group plc (NYSE:NWG)

GAMMA Investing LLC lifted its stake in shares of NatWest Group plc (NYSE:NWG) by 1,274.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 158,417 shares of the company’s stock after buying an additional 146,888 shares during the quarter. GAMMA Investing LLC’s holdings in NatWest Group were worth $1,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of NWG. Whipplewood Advisors LLC acquired a new stake in NatWest Group in the fourth quarter valued at $27,000. First Horizon Advisors Inc. boosted its stake in shares of NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company’s stock valued at $29,000 after acquiring an additional 1,787 shares during the last quarter. Whittier Trust Co. purchased a new position in NatWest Group during the fourth quarter worth about $42,000. Lazard Asset Management LLC purchased a new position in NatWest Group during the fourth quarter worth about $44,000. Finally, Apollon Wealth Management LLC purchased a new position in NatWest Group during the fourth quarter worth about $108,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Trading Down 1.2%

Shares of NWG stock opened at $14.01 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a 1 year low of $7.81 and a 1 year high of $14.55. The stock has a fifty day moving average of $13.21 and a two-hundred day moving average of $11.72. The firm has a market capitalization of $56.40 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of 0.85 and a beta of 1.04.

NatWest Group (NYSE:NWG) last issued its earnings results on Friday, May 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. The company had revenue of $5.30 billion during the quarter, compared to analyst estimates of $3.80 billion. As a group, research analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on NWG shares. Citigroup restated a “buy” rating on shares of NatWest Group in a report on Monday, April 28th. BNP Paribas lowered NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. Finally, Peel Hunt downgraded NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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.