Vise Technologies Inc. Acquires 31,613 Shares of NatWest Group plc $NWG

Vise Technologies Inc. lifted its holdings in NatWest Group plc (NYSE:NWG) by 67.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 78,396 shares of the company’s stock after purchasing an additional 31,613 shares during the period. Vise Technologies Inc.’s holdings in NatWest Group were worth $1,372,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in NWG. Bank of Montreal Can grew its position in NatWest Group by 136.0% during the third quarter. Bank of Montreal Can now owns 3,273,212 shares of the company’s stock worth $46,316,000 after buying an additional 1,886,141 shares in the last quarter. Fisher Asset Management LLC grew its position in NatWest Group by 4.5% during the third quarter. Fisher Asset Management LLC now owns 39,234,322 shares of the company’s stock worth $555,166,000 after buying an additional 1,702,930 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in NatWest Group during the third quarter worth about $16,650,000. Citadel Advisors LLC grew its position in NatWest Group by 150.7% during the third quarter. Citadel Advisors LLC now owns 1,612,872 shares of the company’s stock worth $22,822,000 after buying an additional 969,546 shares in the last quarter. Finally, Millennium Management LLC grew its position in NatWest Group by 42.4% during the third quarter. Millennium Management LLC now owns 3,166,315 shares of the company’s stock worth $44,803,000 after buying an additional 942,059 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

NatWest Group Stock Up 0.8%

NYSE NWG opened at $15.92 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average is $15.76 and its two-hundred day moving average is $16.39. The company 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 1-year low of $12.91 and a 1-year high of $19.35.

NatWest Group (NYSE:NWG) last posted its earnings results on Friday, May 1st. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Equities analysts forecast that NatWest Group plc will post 1.97 earnings per share for the current fiscal year.

About NatWest Group

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.