Vise Technologies Inc. Has $1.37 Million Holdings in NatWest Group plc $NWG

Vise Technologies Inc. lifted its holdings in NatWest Group plc (NYSE:NWG) by 67.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,396 shares of the company’s stock after acquiring an additional 31,613 shares during the quarter. Vise Technologies Inc.’s holdings in NatWest Group were worth $1,372,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NWG. Larson Financial Group LLC boosted its holdings 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 worth $26,000 after acquiring an additional 1,484 shares in the last quarter. Bessemer Group Inc. boosted its holdings 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 worth $29,000 after acquiring an additional 972 shares in the last quarter. American National Bank & Trust acquired a new position in shares of NatWest Group in the 4th quarter worth approximately $31,000. Rachor Investment Advisory Services LLC acquired a new position in shares of NatWest Group in the 4th quarter worth approximately $34,000. Finally, Allworth Financial LP boosted its holdings 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 worth $39,000 after acquiring an additional 1,784 shares in the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Performance

Shares of NatWest Group stock opened at $15.92 on Tuesday. The firm has a fifty day moving average of $15.76 and a two-hundred day moving average of $16.39. The stock has a market capitalization of $63.45 billion, a price-to-earnings ratio of 8.47, a PEG ratio of 0.84 and a beta of 0.93. NatWest Group plc has a 52 week low of $12.91 and a 52 week high of $19.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04.

NatWest Group (NYSE:NWG) last issued its earnings results on Friday, May 1st. The company reported $0.48 EPS for the quarter, beating 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 net margin of 19.11% and a return on equity of 13.30%. As a group, equities research analysts predict that NatWest Group plc will post 1.97 EPS for the current year.

Analyst Ratings Changes

NWG has been the subject of several research analyst reports. Wall Street Zen cut shares of NatWest Group from a “buy” rating to a “hold” rating in a research report on Saturday. Keefe, Bruyette & Woods cut shares of NatWest Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, April 20th. BNP Paribas Exane upgraded shares of NatWest Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Zacks Research cut shares of NatWest Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Weiss Ratings cut shares of NatWest Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. One 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.