Janus Henderson Group PLC Lowers Stock Holdings in NatWest Group plc (NYSE:NWG)

Janus Henderson Group PLC reduced its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 18.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,213 shares of the company's stock after selling 18,604 shares during the quarter. Janus Henderson Group PLC's holdings in NatWest Group were worth $846,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Natixis Advisors LLC increased its position in shares of NatWest Group by 3.8% in the 4th quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company's stock valued at $113,072,000 after buying an additional 408,239 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in NatWest Group by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,322,718 shares of the company's stock worth $74,473,000 after purchasing an additional 216,053 shares in the last quarter. Bank of America Corp DE increased its stake in NatWest Group by 25.1% during the 4th quarter. Bank of America Corp DE now owns 4,712,296 shares of the company's stock worth $47,924,000 after purchasing an additional 944,464 shares in the last quarter. Todd Asset Management LLC increased its stake in NatWest Group by 0.3% during the 4th quarter. Todd Asset Management LLC now owns 4,135,388 shares of the company's stock worth $42,057,000 after purchasing an additional 10,755 shares in the last quarter. Finally, Northern Trust Corp increased its stake in NatWest Group by 45.6% during the 4th quarter. Northern Trust Corp now owns 3,243,078 shares of the company's stock worth $32,982,000 after purchasing an additional 1,014,926 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on NWG shares. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Citigroup restated a "buy" rating on shares of NatWest Group in a report on Monday, April 28th. Finally, Peel Hunt downgraded NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. 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 company. According to MarketBeat, NatWest Group presently has a consensus rating of "Buy".

NatWest Group Stock Performance

Shares of NYSE NWG traded down $0.07 during mid-day trading on Wednesday, reaching $14.20. 3,316,566 shares of the company's stock were exchanged, compared to its average volume of 3,639,693. The firm has a market capitalization of $57.17 billion, a price-to-earnings ratio of 10.44, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. NatWest Group plc has a 52 week low of $7.80 and a 52 week high of $14.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average price of $12.56 and a two-hundred day moving average price of $11.36.

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

NatWest Group Company 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.