LVW Advisors LLC Trims Stake in NatWest Group plc (NYSE:NWG)

LVW Advisors LLC lessened its stake in NatWest Group plc (NYSE:NWG) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,639 shares of the company’s stock after selling 3,719 shares during the period. LVW Advisors LLC’s holdings in NatWest Group were worth $352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC increased its holdings in NatWest Group by 285.3% in the third quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company’s stock valued at $26,000 after buying an additional 2,083 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company’s stock worth $32,000 after purchasing an additional 1,980 shares during the period. SageView Advisory Group LLC purchased a new position in NatWest Group during the first quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its position in shares of NatWest Group by 45.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $32,000 after buying an additional 1,259 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of NatWest Group by 65.7% during the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock valued at $37,000 after buying an additional 1,810 shares in the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Stock Performance

NYSE:NWG opened at $9.36 on Friday. NatWest Group plc has a twelve month low of $4.30 and a twelve month high of $9.68. The company has a market cap of $38.85 billion, a P/E ratio of 7.73, a P/E/G ratio of 2.36 and a beta of 1.33. The company has a current ratio of 1.07, a quick ratio of 1.08 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average price is $9.03 and its 200-day moving average price is $8.35.

NatWest Group (NYSE:NWG) last issued its earnings results on Friday, July 26th. The company reported $0.35 earnings per share for the quarter. The company had revenue of $4.62 billion for the quarter. On average, sell-side analysts forecast that NatWest Group plc will post 0.92 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 9th were paid a $0.1543 dividend. The ex-dividend date of this dividend was Friday, August 9th. This is an increase from NatWest Group’s previous semi-annual dividend of $0.14. This represents a dividend yield of 4.3%. NatWest Group’s dividend payout ratio (DPR) is 25.62%.

Analyst Ratings Changes

Several brokerages recently commented on NWG. UBS Group raised shares of NatWest Group to a “strong-buy” rating in a report on Tuesday, July 30th. Kepler Capital Markets assumed coverage on shares of NatWest Group in a research report on Thursday, September 5th. They set a “buy” rating for the company. Finally, The Goldman Sachs Group assumed coverage on NatWest Group in a report on Friday, October 4th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group currently has an average rating of “Moderate Buy”.

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.