NatWest Group plc (NYSE:NWG) Shares Purchased by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 9.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,623,571 shares of the company’s stock after purchasing an additional 224,900 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.06% of NatWest Group worth $21,068,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NWG. SageView Advisory Group LLC acquired a new stake in NatWest Group during the first quarter worth about $27,000. EverSource Wealth Advisors LLC raised its position in shares of NatWest Group by 45.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company’s stock worth $32,000 after purchasing an additional 1,259 shares during the period. GAMMA Investing LLC lifted its holdings in shares of NatWest Group by 65.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,566 shares of the company’s stock worth $37,000 after purchasing an additional 1,810 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in NatWest Group during the 1st quarter valued at approximately $44,000. Finally, Sage Rhino Capital LLC bought a new position in NatWest Group during the 1st quarter worth $68,000. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Stock Down 2.5 %

NWG opened at $9.13 on Wednesday. The stock’s 50 day moving average price is $9.02 and its 200 day moving average price is $8.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.07 and a quick ratio of 1.08. The stock has a market cap of $37.91 billion, a P/E ratio of 7.72, a P/E/G ratio of 2.09 and a beta of 1.33. NatWest Group plc has a 12 month low of $4.30 and a 12 month high of $9.68.

NatWest Group (NYSE:NWG) last issued its quarterly earnings data 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. As a group, research analysts predict that NatWest Group plc will post 1.05 earnings per share for the current year.

NatWest Group Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 9th were paid a dividend of $0.1543 per share. This represents a dividend yield of 4.3%. The ex-dividend date was Friday, August 9th. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.14.

Wall Street Analyst Weigh In

NWG has been the topic of a number of recent research reports. UBS Group upgraded NatWest Group to a “strong-buy” rating in a research note on Tuesday, July 30th. Kepler Capital Markets initiated coverage on shares of NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.