NatWest Group plc (NYSE:NWG) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on NatWest Group, with four buy ratings, one strong-buy rating and three hold ratings among eight analysts.
• NatWest reported quarterly EPS of $0.54, exceeding the $0.45 consensus estimate, while revenue of $5.89 billion was roughly in line with expectations.
• The company paid a recently declared dividend of $0.3222 per share, down from $0.6210 previously; shares opened at $18.14, within their 52-week range of $13.56 to $19.42.

NatWest Group plc (NYSE:NWG - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company.

A number of analysts have recently commented on the company. Wall Street Zen cut NatWest Group from a "buy" rating to a "hold" rating in a research report on Sunday, August 9th. Keefe, Bruyette & Woods raised 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. Morgan Stanley raised NatWest Group from an "equal weight" rating to an "overweight" rating in a report on Wednesday, September 2nd. Finally, Berenberg Bank assumed coverage on NatWest Group in a research note on Wednesday, June 24th. They issued a "buy" rating on the stock.

Institutional Trading of NatWest Group

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its stake 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 worth $38,000 after buying an additional 1,394 shares in the last quarter. IFP Advisors Inc increased its position in shares of NatWest Group by 101.7% during the fourth quarter. IFP Advisors Inc now owns 2,259 shares of the company's stock valued at $40,000 after acquiring an additional 1,139 shares in the last quarter. Manchester Capital Management LLC raised its holdings in NatWest Group by 73.7% in the 4th quarter. Manchester Capital Management LLC now owns 3,546 shares of the company's stock worth $62,000 after acquiring an additional 1,504 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in NatWest Group by 13.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 4,909 shares of the company's stock worth $87,000 after acquiring an additional 598 shares during the last quarter. Finally, GHP Investment Advisors Inc. bought a new position in NatWest Group in the 1st quarter valued at approximately $76,000. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Stock Up 1.3%

NWG stock opened at $18.14 on Friday. NatWest Group has a fifty-two week low of $13.56 and a fifty-two week high of $19.42. The business's 50 day moving average price is $18.61 and its two-hundred day moving average price is $16.99. 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 company has a market capitalization of $72.11 billion, a price-to-earnings ratio of 9.02, a price-to-earnings-growth ratio of 0.87 and a beta of 0.91.

NatWest Group (NYSE:NWG - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.09. NatWest Group had a return on equity of 14.01% and a net margin of 20.10%.The company had revenue of $5.89 billion during the quarter, compared to analysts' expectations of $5.90 billion. As a group, analysts forecast that NatWest Group will post 2 earnings per share for the current fiscal year.

NatWest Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 14th were paid a $0.3222 dividend. This represents a yield of 337.0%. The ex-dividend date was Friday, August 14th. This is a negative change from NatWest Group's previous dividend of $0.6210. NatWest Group's dividend payout ratio (DPR) is presently 31.34%.

NatWest Group Company Profile

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.

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