In last trading session, NatWest Group Plc ADR (NYSE:NWG) saw 2.63 million shares changing hands with its beta currently measuring 1.37. Company’s recent per share price level of $6.66 trading at $0.12 or 1.83% at ring of the bell on the day assigns it a market valuation of $29.06B. That closing price of NWG’s stock is at a discount of -5.41% from its 52-week high price of $7.02 and is indicating a premium of 35.44% from its 52-week low price of $4.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.6 million shares which gives us an average trading volume of 1.77 million if we extend that period to 3-months.
NatWest Group Plc ADR (NYSE:NWG) trade information
Upright in the green during last session for gaining 1.83%, in the last five days NWG remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $6.66 price level, adding 0.6% to its value on the day. NatWest Group Plc ADR’s shares saw a change of 18.29% in year-to-date performance and have moved 6.56% in past 5-day. NatWest Group Plc ADR (NYSE:NWG) showed a performance of 12.50% in past 30-days. Number of shares sold short was 7.83 million shares which calculate 5.5 days to cover the short interests.
NatWest Group Plc ADR (NWG) estimates and forecasts
Statistics highlight that NatWest Group Plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 11.56% of value to its shares in past 6 months, showing an annual growth rate of -24.59% while that of industry is 0.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -5.10% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 25.17% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -18.45% while estimates for its earnings growth in next 5 years are of 0.31%.
NWG Dividends
NatWest Group Plc ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
NatWest Group Plc ADR (NYSE:NWG)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 1.32 percent of that, with stock having share float percentage of 1.32%. Investors also watch the number of corporate investors in a company very closely, which is 1.32% institutions for NatWest Group Plc ADR that are currently holding shares of the company. Natixis Advisors, L.P. is the top institutional holder at NWG for having 6.96 million shares of worth $46.34 million. And as of Dec 30, 2023, it was holding 0.16% of the company’s outstanding shares.
The second largest institutional holder is Dimensional Fund Advisors LP, which was holding about 6.63 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.15% of outstanding shares, having a total worth of $44.17 million.
On the other hand, Dimensional ETF Tr-Dimensional International Value ETF and DFA International Value Series are the top two Mutual Funds which own company’s shares. As of Oct 30, 2023, the former fund manager was holding 1.65 million shares of worth $11.01 million or 0.04% of the total outstanding shares. The later fund manager was in possession of 1.17 million shares on Oct 30, 2023, making its stake of worth around $7.8 million in the company or a holder of 0.03% of company’s stock.
