O Shaughnessy Asset Management LLC Has $23.98 Million Stake in NatWest Group plc $NWG

O Shaughnessy Asset Management LLC lifted its stake in NatWest Group plc (NYSE:NWG) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,370,108 shares of the company’s stock after purchasing an additional 57,771 shares during the period. O Shaughnessy Asset Management LLC’s holdings in NatWest Group were worth $23,977,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Larson Financial Group LLC boosted its stake in shares of NatWest Group by 427.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock valued at $26,000 after purchasing an additional 1,484 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of NatWest Group by 88.7% in the 3rd quarter. Bessemer Group Inc. now owns 2,068 shares of the company’s stock valued at $29,000 after purchasing an additional 972 shares during the last quarter. American National Bank & Trust bought a new position in shares of NatWest Group in the 4th quarter valued at about $31,000. Rachor Investment Advisory Services LLC bought a new position in shares of NatWest Group in the 4th quarter valued at about $34,000. Finally, Allworth Financial LP boosted its stake in shares of NatWest Group by 186.8% in the 3rd quarter. Allworth Financial LP now owns 2,739 shares of the company’s stock valued at $39,000 after purchasing an additional 1,784 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on NWG shares. Weiss Ratings downgraded NatWest Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Zacks Research downgraded NatWest Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. BNP Paribas Exane upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods downgraded NatWest Group from a “moderate buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Wall Street Zen downgraded NatWest Group from a “buy” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

NatWest Group Stock Up 0.8%

Shares of NatWest Group stock opened at $15.92 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $63.45 billion, a P/E ratio of 8.47, a price-to-earnings-growth ratio of 0.84 and a beta of 0.93. The business has a 50-day moving average of $15.76 and a two-hundred day moving average of $16.39. NatWest Group plc has a 1 year low of $12.91 and a 1 year high of $19.35.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.04. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.80 billion. NatWest Group had a return on equity of 13.30% and a net margin of 19.11%. As a group, equities analysts predict that NatWest Group plc will post 1.97 EPS for the current year.

NatWest Group Company Profile

NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland. The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand. NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.

The group provides a broad range of banking services across retail, private, commercial, corporate and institutional segments.