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

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

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NWG. Whipplewood Advisors LLC acquired a new stake in NatWest Group during the 4th quarter worth about $27,000. First Horizon Advisors Inc. grew its holdings in NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $29,000 after acquiring an additional 1,787 shares during the period. Geneos Wealth Management Inc. purchased a new position in NatWest Group during the fourth quarter valued at approximately $35,000. Whittier Trust Co. purchased a new position in NatWest Group during the fourth quarter valued at approximately $42,000. Finally, Apollon Wealth Management LLC acquired a new position in NatWest Group in the fourth quarter valued at approximately $108,000. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

NatWest Group Stock Up 0.5%

Shares of NWG stock traded up $0.08 on Thursday, reaching $14.25. 5,101,254 shares of the stock were exchanged, compared to its average volume of 3,650,969. The company has a market capitalization of $57.37 billion, a price-to-earnings ratio of 10.47, a PEG ratio of 0.85 and a beta of 1.01. The business's 50 day moving average price is $12.64 and its 200 day moving average price is $11.40. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a twelve month low of $7.80 and a twelve month high of $14.42.

NatWest Group (NYSE:NWG - Get Free Report) last announced 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 analysts' expectations of $3.80 billion. As a group, sell-side analysts expect that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Peel Hunt cut NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. Citigroup reissued a "buy" rating on shares of NatWest Group in a report on Monday, April 28th. Finally, BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy".

About NatWest Group

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.