NatWest Group plc $NWG Shares Purchased by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in NatWest Group by 17.3% during Q2, now owning 171,865 shares valued at $2,432,000.
• NatWest Group recently disclosed a semi-annual dividend of $0.255, representing a yield of 390.0%, with a current dividend payout ratio of 32.26%.
• Analysts have downgraded NatWest Group's stock ratings, with BNP Paribas changing from "neutral" to "underperform" and Zacks lowering from "strong-buy" to "hold."

Vanguard Personalized Indexing Management LLC grew its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 17.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 171,865 shares of the company's stock after purchasing an additional 25,300 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in NatWest Group were worth $2,432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Natixis Advisors LLC raised its position in shares of NatWest Group by 11.8% during the 1st quarter. Natixis Advisors LLC now owns 12,429,659 shares of the company's stock valued at $148,162,000 after acquiring an additional 1,311,476 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in NatWest Group by 7.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,474,908 shares of the company's stock valued at $77,181,000 after buying an additional 455,538 shares during the period. Northern Trust Corp lifted its position in NatWest Group by 11.0% in the first quarter. Northern Trust Corp now owns 3,599,561 shares of the company's stock worth $42,907,000 after purchasing an additional 356,483 shares during the period. Raymond James Financial Inc. lifted its holdings in NatWest Group by 20.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,233,255 shares of the company's stock valued at $38,540,000 after acquiring an additional 545,017 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of NatWest Group by 364.3% in the 1st quarter. Millennium Management LLC now owns 2,938,011 shares of the company's stock worth $35,021,000 after acquiring an additional 2,305,175 shares during the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Trading Down 0.4%

NWG opened at $14.62 on Thursday. NatWest Group plc has a 1-year low of $9.16 and a 1-year high of $15.52. The stock has a market capitalization of $58.81 billion, a PE ratio of 9.43, a PEG ratio of 0.75 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 1.06 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $14.45 and a two-hundred day moving average price of $13.69.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The company reported $0.41 EPS 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 analysts' expectations 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 anticipate that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 8th were given a $0.255 dividend. This represents a yield of 390.0%. The ex-dividend date was Friday, August 8th. NatWest Group's dividend payout ratio (DPR) is presently 32.26%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. BNP Paribas Exane cut NatWest Group from a "neutral" rating to an "underperform" rating in a research report on Friday, September 5th. Zacks Research lowered shares of NatWest Group from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. BNP Paribas downgraded shares of NatWest Group from a "hold" rating to a "strong sell" rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of NatWest Group in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold".

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.

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