NatWest Group plc (NYSE:NWG) Stock Rated “Moderate Buy” by Sell-Side Analysts

NatWest Group plc (NYSE:NWG) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Friday, July 17th. Wall Street Zen downgraded NatWest Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. Morgan Stanley upgraded NatWest Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, September 2nd. Barclays raised NatWest Group from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, October 13th. Finally, Weiss Ratings lowered shares of NatWest Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday.

Institutional Investors Weigh In On NatWest Group

Large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new position in NatWest Group in the 3rd quarter valued at $26,000. Miller Global Investments LLC acquired a new stake in shares of NatWest Group in the third quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its position in shares of NatWest Group by 173.6% in 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 last quarter. GHP Investment Advisors Inc. bought a new position in shares of NatWest Group in the first quarter worth about $76,000. Finally, Mather Group LLC. increased its stake in shares of NatWest Group by 1,484.9% in the third quarter. Mather Group LLC. now owns 4,723 shares of the company’s stock worth $86,000 after purchasing an additional 4,425 shares during the period. Institutional investors own 1.27% of the company’s stock.

NatWest Group Trading Down 1.2%

NatWest Group stock opened at $16.78 on Tuesday. The company has a 50 day moving average price of $18.16 and a 200 day moving average price of $17.35. NatWest Group has a 52 week low of $13.76 and a 52 week high of $19.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03. The firm has a market capitalization of $66.63 billion, a price-to-earnings ratio of 8.35, a P/E/G ratio of 0.76 and a beta of 0.94.

NatWest Group (NYSE:NWG) last announced its 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 company had revenue of $5.89 billion for the quarter, compared to the consensus estimate of $5.90 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%. Research analysts forecast that NatWest Group will post 1.97 EPS for the current year.

NatWest Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, August 14th were issued a dividend of $0.3222 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a dividend yield of 337.0%. This is a negative change from NatWest Group’s previous dividend of $0.6210. NatWest Group’s payout ratio is currently 31.34%.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services company. Through brands including NatWest, Royal Bank of Scotland, Ulster Bank and Coutts, it provides current accounts, savings products, mortgages, personal loans, credit cards, insurance and other financial services to individuals and households.

The group also serves small and medium-sized businesses, larger companies and institutional clients. Its commercial and institutional banking activities include lending, transaction banking, cash management, payments, trade finance, capital markets services and risk-management solutions.