WINTON GROUP Ltd Sells 148,800 Shares of NatWest Group plc $NWG

WINTON GROUP Ltd trimmed its position in NatWest Group plc (NYSE:NWGFree Report) by 70.5% during the second quarter, HoldingsChannel.com reports. The fund owned 62,200 shares of the company’s stock after selling 148,800 shares during the quarter. WINTON GROUP Ltd’s holdings in NatWest Group were worth $1,097,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in NatWest Group by 4.3% during the fourth quarter. Fisher Asset Management LLC now owns 40,912,201 shares of the company’s stock worth $715,964,000 after acquiring an additional 1,677,879 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of NatWest Group in the 3rd quarter valued at approximately $16,650,000. Bank of America Corp DE boosted its stake in shares of NatWest Group by 17.8% in the 1st quarter. Bank of America Corp DE now owns 6,948,264 shares of the company’s stock valued at $103,529,000 after purchasing an additional 1,048,804 shares in the last quarter. Morgan Stanley grew its holdings in shares of NatWest Group by 10.0% during 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, Citadel Advisors LLC increased its position in NatWest Group by 150.7% during the 3rd quarter. Citadel Advisors LLC now owns 1,612,872 shares of the company’s stock worth $22,822,000 after purchasing an additional 969,546 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NWG has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. Weiss Ratings upgraded NatWest Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 13th. Berenberg Bank started coverage on NatWest Group in a report on Wednesday, June 24th. They set a “buy” rating on the stock. Morgan Stanley raised NatWest Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, September 2nd. Finally, Wall Street Zen lowered NatWest Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, NatWest Group has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on NatWest Group

NatWest Group Stock Down 0.1%

NYSE:NWG opened at $18.88 on Monday. NatWest Group plc has a one year low of $13.56 and a one year high of $19.42. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.03 and a quick ratio of 1.04. The company has a market cap of $75.05 billion, a PE ratio of 9.39, a P/E/G ratio of 0.89 and a beta of 0.91. The firm’s 50 day simple moving average is $18.47 and its 200 day simple moving average is $16.85.

NatWest Group (NYSE:NWGGet Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.09. The firm had revenue of $5.89 billion during the quarter, compared to analysts’ expectations of $5.90 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%. On average, research analysts anticipate that NatWest Group plc will post 1.98 earnings per share for the current year.

NatWest Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 14th will be given a dividend of $0.3222 per share. This represents a yield of 337.0%. The ex-dividend date of this dividend is Friday, August 14th. NatWest Group’s dividend payout ratio (DPR) is currently 31.34%.

NatWest Group Company Profile

(Free Report)

NatWest Group plc is a United Kingdom-based banking and financial services company. Its principal brands include NatWest, Royal Bank of Scotland and Ulster Bank, and it provides services to personal, business and institutional customers.

The group offers current and savings accounts, mortgages, personal loans, credit cards, insurance and investment-related services. For businesses and institutions, its activities include lending, cash management, payments, asset finance, foreign exchange, risk management and other corporate banking services.

NatWest Group primarily serves customers in the United Kingdom, with selected activities and relationships in international financial markets.

See Also

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Institutional Ownership by Quarter for NatWest Group (NYSE:NWG)

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