NatWest Group plc (NYSE:NWG) Given Average Rating of “Moderate Buy” by Analysts

NatWest Group plc (NYSE:NWG) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts have recently issued reports on NWG shares. Barclays reaffirmed an “equal weight” rating on shares of NatWest Group in a report on Wednesday, January 7th. The Goldman Sachs Group reiterated a “neutral” rating on shares of NatWest Group in a report on Thursday, December 4th. BNP Paribas Exane upgraded NatWest Group from a “strong sell” rating to a “hold” rating in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NatWest Group in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th.

NatWest Group Stock Up 4.4%

NatWest Group stock opened at $15.56 on Thursday. NatWest Group has a fifty-two week low of $10.40 and a fifty-two week high of $19.35. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s 50-day simple moving average is $16.37 and its 200 day simple moving average is $16.07. The stock has a market cap of $62.05 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.50 and a beta of 0.95.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.38 by $0.08. NatWest Group had a net margin of 18.59% and a return on equity of 13.05%. The firm had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.59 billion. Research analysts predict that NatWest Group will post 1.35 EPS for the current fiscal year.

NatWest Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, March 20th will be issued a dividend of $0.621 per share. This represents a yield of 895.0%. The ex-dividend date is Friday, March 20th. NatWest Group’s dividend payout ratio (DPR) is 67.60%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Wealthstar Advisors LLC increased its stake in shares of NatWest Group by 1.5% during the 4th quarter. Wealthstar Advisors LLC now owns 40,576 shares of the company’s stock worth $710,000 after purchasing an additional 595 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in NatWest Group by 17.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,667 shares of the company’s stock valued at $82,000 after purchasing an additional 695 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in NatWest Group by 2.4% during the second quarter. Evergreen Capital Management LLC now owns 29,272 shares of the company’s stock valued at $414,000 after purchasing an additional 697 shares during the period. Signaturefd LLC grew its holdings in NatWest Group by 1.1% during the third quarter. Signaturefd LLC now owns 63,621 shares of the company’s stock valued at $900,000 after purchasing an additional 702 shares during the period. Finally, Vise Technologies Inc. increased its position in NatWest Group by 1.6% in the third quarter. Vise Technologies Inc. now owns 46,783 shares of the company’s stock worth $662,000 after buying an additional 733 shares during the last quarter. 1.27% of the stock is owned by institutional investors.

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.