Impact Investors Inc Takes $494,000 Position in NatWest Group plc $NWG

Impact Investors Inc bought a new position in shares of NatWest Group plc (NYSE:NWG) in the first quarter, according to the company in 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.

A number of other large investors have also recently bought and sold shares of NWG. American National Bank & Trust acquired a new stake in NatWest Group during the 4th quarter valued at approximately $31,000. Larson Financial Group LLC increased its stake in shares of NatWest Group by 427.7% in the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock worth $26,000 after acquiring an additional 1,484 shares during the period. Rachor Investment Advisory Services LLC purchased a new position in shares of NatWest Group during the fourth quarter worth $34,000. Caitong International Asset Management Co. Ltd lifted its position in NatWest Group by 173.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,197 shares of the company’s stock valued at $38,000 after purchasing an additional 1,394 shares during the period. Finally, IFP Advisors Inc boosted its holdings in NatWest Group by 101.7% in the fourth quarter. IFP Advisors Inc now owns 2,259 shares of the company’s stock valued at $40,000 after purchasing an additional 1,139 shares during the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Down 2.6%

Shares of NYSE NWG opened at $17.52 on Thursday. The firm has a market cap of $69.85 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.96 and a beta of 0.92. The company’s 50-day simple moving average is $16.31 and its 200-day simple moving average is $16.51. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.15. NatWest Group plc has a 52-week low of $13.16 and a 52-week high of $19.35.

NatWest Group (NYSE:NWG) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. NatWest Group had a net margin of 19.11% and a return on equity of 13.30%. The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.80 billion. Equities analysts predict that NatWest Group plc will post 1.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NWG. Weiss Ratings downgraded NatWest Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Wall Street Zen lowered shares of NatWest Group from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Keefe, Bruyette & Woods downgraded shares of NatWest Group from a “moderate buy” rating to a “hold” rating in a report on Monday, April 20th. BNP Paribas Exane raised shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Berenberg Bank initiated coverage on shares of NatWest Group in a research note on Wednesday, June 24th. They set a “buy” rating on the stock. One equities research 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 stock. According to MarketBeat, the company presently has an average 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.