NatWest Group (NYSE:NWG) Research Coverage Started at Kepler Capital Markets

Kepler Capital Markets began coverage on shares of NatWest Group (NYSE:NWG) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. The firm issued a buy rating on the stock.

Separately, UBS Group upgraded shares of NatWest Group to a strong-buy rating in a report on Tuesday, July 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, NatWest Group currently has an average rating of Moderate Buy.

NatWest Group Price Performance

Shares of NWG stock opened at $8.67 on Thursday. The stock has a 50 day moving average price of $8.84 and a 200 day moving average price of $7.88. NatWest Group has a 52-week low of $4.30 and a 52-week high of $9.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.08 and a current ratio of 1.07. The firm has a market capitalization of $36.10 billion, a P/E ratio of 7.05, a P/E/G ratio of 2.06 and a beta of 1.33.

NatWest Group (NYSE:NWG) last released its earnings results on Friday, July 26th. The company reported $0.35 earnings per share for the quarter. The business had revenue of $4.62 billion during the quarter. As a group, sell-side analysts predict that NatWest Group will post 1.05 earnings per share for the current year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.1543 per share. The ex-dividend date of this dividend is Friday, August 9th. This represents a dividend yield of 4.3%. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.14. NatWest Group’s dividend payout ratio (DPR) is currently 25.20%.

Institutional Trading of NatWest Group

A number of hedge funds have recently added to or reduced their stakes in NWG. &PARTNERS bought a new stake in shares of NatWest Group in the 1st quarter valued at about $77,000. QRG Capital Management Inc. raised its stake in NatWest Group by 291.3% in the second quarter. QRG Capital Management Inc. now owns 184,287 shares of the company’s stock worth $1,480,000 after buying an additional 137,196 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in NatWest Group in the first quarter worth approximately $44,000. Envestnet Portfolio Solutions Inc. lifted its holdings in NatWest Group by 43.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 28,263 shares of the company’s stock worth $192,000 after buying an additional 8,595 shares during the period. Finally, Boston Partners boosted its position in NatWest Group by 67.4% during the 1st quarter. Boston Partners now owns 282,525 shares of the company’s stock valued at $1,925,000 after acquiring an additional 113,759 shares in the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

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.