Forum Financial Management LP Has $414,000 Holdings in NatWest Group plc (NYSE:NWG)

Forum Financial Management LP lifted its stake in NatWest Group plc (NYSE:NWG - Free Report) by 94.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,696 shares of the company's stock after purchasing an additional 19,742 shares during the quarter. Forum Financial Management LP's holdings in NatWest Group were worth $414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. OneAscent Financial Services LLC raised its holdings in shares of NatWest Group by 8.2% during the 4th quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock valued at $124,000 after purchasing an additional 926 shares in the last quarter. Adero Partners LLC raised its holdings in NatWest Group by 9.5% during the fourth quarter. Adero Partners LLC now owns 11,738 shares of the company's stock valued at $119,000 after buying an additional 1,014 shares in the last quarter. Gallacher Capital Management LLC lifted its position in shares of NatWest Group by 2.3% in the fourth quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock worth $497,000 after buying an additional 1,093 shares during the last quarter. Pitcairn Co. boosted its stake in shares of NatWest Group by 7.4% during the 4th quarter. Pitcairn Co. now owns 17,223 shares of the company's stock worth $175,000 after acquiring an additional 1,193 shares in the last quarter. Finally, Optas LLC increased its holdings in shares of NatWest Group by 11.5% during the 4th quarter. Optas LLC now owns 11,912 shares of the company's stock valued at $121,000 after acquiring an additional 1,228 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NWG shares. Citigroup restated a "buy" rating on shares of NatWest Group in a report on Monday, April 28th. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. Finally, BNP Paribas lowered shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy".

NatWest Group Stock Performance

Shares of NatWest Group stock traded up $0.05 during midday trading on Friday, hitting $14.30. The company had a trading volume of 4,893,045 shares, compared to its average volume of 3,655,916. NatWest Group plc has a 1-year low of $7.80 and a 1-year high of $14.42. The business's 50 day simple moving average is $12.64 and its two-hundred day simple moving average is $11.40. The stock has a market cap of $57.59 billion, a PE ratio of 10.51, a P/E/G ratio of 0.85 and a beta of 1.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06.

NatWest Group (NYSE:NWG - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.05. The company had revenue of $5.30 billion during the quarter, compared to the consensus estimate of $3.80 billion. As a group, equities analysts predict that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.