Following The Money: Institution’s Growing Stake In NatWest Group Plc ADR (NYSE: NWG)

Natixis Advisors LLC has recently announced that it has increased stake in NatWest Group Plc ADR (NYSE:NWG) by 21.73%. After grabbing 6.48 million shares, the institutional investor is now in possession of 1.16 million shares of the Financial Company. The new investment brought the stake of investor firm to 0.15% having worth around $34.65 million. Moreover, Dimensional Fund Advisors LP increased its share by 1.5 million to have a control over 6.21 million shares. And Goldman Sachs Asset Management LP raised its holdings to 0.74 million shares by acquiring 5.59 million shares or 0.13% of the stake.

NatWest Group Plc ADR (NWG) concluded trading on 12/28/23 at a closing price of $5.65, with 2.21 million shares of worth about $12.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.36% during that period and on Thursday the price saw a loss of about -0.70%. Currently the company’s common shares owned by public are about 4.83B shares, out of which, 4.44B shares are available for trading.

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Dimensional International Value E, DFA International Value Series, and DFA International Core Equity Por are the top 3 mutual funds which are holding stakes in NatWest Group Plc ADR Dimensional International Value E is currently holding 1.85 million shares of worth totaling $9.89 million. The company recently came buying 0.0 shares which brought its stake up to 0.04% of the company’s outstanding shares. DFA International Value Series bought 0.2 million shares, after which its hold over company’s outstanding shares expand to 0.03%, leaving 1.17 million shares with the mutual fund that have a worth of about $6.26 million. DFA International Core Equity Por, after buying 0.87 million shares, have now control over 0.02% of the stake in the company. It holds 66080.0 shares of worth $4.65 million.

NatWest Group Plc ADR (NYSE: NWG) started trading at $5.64, below -$0.05 from concluding price of the previous day. However, the stock later moved at a day high price of 5.66, or with a loss of -0.70%. Stock saw a price change of 2.36% in past 5 days and over the past one month there was a price change of 8.65%. Year-to-date (YTD), NWG shares are showing a performance of -12.54% which decreased to -13.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.30 but also hit the highest price of $7.80 during that period. The average intraday trading volume for NatWest Group Plc ADR shares is 1.97 million. The stock is currently trading 1.51% above its 20-day simple moving average (SMA20), while that difference is up 8.06% for SMA50 and it goes to -6.02% lower than SMA200.

Natixis Advisors LLC acquired 6.48 million shares of NatWest Group Plc ADR having value of about $34.65 million. Data submitted at the U.S SEC by Natixis Advisors LLC revealed that the firm now holds 1.16 million shares in the company valued at close to $6532620.4, or have control over 21.73% stake in the company. NatWest Group Plc ADR (NYSE: NWG) currently have 4.83B outstanding shares and institutions hold larger chunk of about 1.25% of that. Holding of mutual funds in the company is about 0.22% while other institutional holders and individual stake holders have control over 1.04% and — of the stake respectively.

The stock has a current market capitalization of $25.10B and its 3Y-monthly beta is at 1.39. PE ratio of stock for trailing 12 months is 4.92, while it has posted earnings per share of $1.15 in the same period. Its PEG reads 15.86 while making debt-to-equity ratio of 1.19. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NWG, volatility over the week remained 1.25% while standing at 1.56% over the month.

Analysts are in expectations that NatWest Group Plc ADR (NWG) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 30.79% while it is estimated to decrease by -10.27% in next year. EPS is likely to shrink at an annualized rate of 0.31% for next 5-years, compared to annual growth of 36.51% made by the stock over the past 5-years.

Analysts at 18 brokerage firms have issued recommendations for the NatWest Group Plc ADR (NWG)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.22. Out of those 18 Wall Street analysts, 9 recommended a “Buy” rating, while 5 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.

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