NatWest Group plc (NYSE:NWG) Shares Bought by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in NatWest Group plc by 11.8%, owning approximately $148.16 million worth of the company's stock after acquiring an additional 1.3 million shares in the first quarter.
• Recently, several institutional investors, including XTX Topco Ltd and LPL Financial LLC, significantly raised their holdings in NatWest Group, indicating growing confidence in the bank.
• NatWest Group's latest earnings report showed an **EPS of $0.41**, surpassing analyst expectations, while the company also announced a **semi-annual dividend** of $0.255 per share, yielding 3.9%.

Natixis Advisors LLC grew its position in NatWest Group plc (NYSE:NWG - Free Report) by 11.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,429,659 shares of the company's stock after buying an additional 1,311,476 shares during the period. Natixis Advisors LLC owned 0.31% of NatWest Group worth $148,162,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. XTX Topco Ltd lifted its holdings in NatWest Group by 48.1% during the 1st quarter. XTX Topco Ltd now owns 39,584 shares of the company's stock worth $472,000 after buying an additional 12,856 shares in the last quarter. Norden Group LLC purchased a new position in NatWest Group during the 1st quarter worth $134,000. LPL Financial LLC grew its position in NatWest Group by 92.8% during the 1st quarter. LPL Financial LLC now owns 580,100 shares of the company's stock worth $6,915,000 after purchasing an additional 279,156 shares during the last quarter. HB Wealth Management LLC grew its position in NatWest Group by 35.7% during the 1st quarter. HB Wealth Management LLC now owns 24,370 shares of the company's stock worth $290,000 after purchasing an additional 6,407 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in NatWest Group by 3.0% during the 1st quarter. Pacer Advisors Inc. now owns 28,042 shares of the company's stock worth $334,000 after purchasing an additional 807 shares during the last quarter. Hedge funds and other institutional investors own 1.27% of the company's stock.

NatWest Group Stock Performance

Shares of NYSE:NWG traded down $0.23 during midday trading on Friday, hitting $13.75. The stock had a trading volume of 3,960,936 shares, compared to its average volume of 3,707,105. The company has a market capitalization of $55.68 billion, a PE ratio of 8.87, a P/E/G ratio of 0.79 and a beta of 1.07. The stock has a 50 day moving average price of $13.87 and a two-hundred day moving average price of $12.59. The company has a current ratio of 1.05, a quick ratio of 1.06 and a debt-to-equity ratio of 0.14. NatWest Group plc has a 1 year low of $8.08 and a 1 year high of $14.55.

NatWest Group (NYSE:NWG - Get Free Report) last issued its earnings results on Friday, July 25th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.04. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $4.06 billion. NatWest Group had a net margin of 16.84% and a return on equity of 11.99%. As a group, equities analysts predict that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 8th will be paid a $0.255 dividend. The ex-dividend date is Friday, August 8th. This represents a dividend yield of 390.0%. NatWest Group's dividend payout ratio (DPR) is 49.68%.

Analyst Ratings Changes

Separately, Citigroup reissued a "buy" rating on shares of NatWest Group in a research report on Monday, April 28th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NatWest Group currently has a consensus rating of "Moderate 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.