Aquatic Capital Management LLC Takes Position in NatWest Group plc (NYSE:NWG)

Aquatic Capital Management LLC purchased a new position in shares of NatWest Group plc (NYSE:NWG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 170,526 shares of the company's stock, valued at approximately $1,734,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. New York State Common Retirement Fund bought a new stake in shares of NatWest Group during the 4th quarter valued at $216,000. Raymond James Financial Inc. acquired a new stake in shares of NatWest Group during the fourth quarter worth $27,339,000. Natixis Advisors LLC increased its holdings in NatWest Group by 3.8% in the fourth quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company's stock valued at $113,072,000 after purchasing an additional 408,239 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in shares of NatWest Group by 79.3% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 130,291 shares of the company's stock worth $1,325,000 after buying an additional 57,618 shares during the period. Finally, Perigon Wealth Management LLC increased its stake in shares of NatWest Group by 13.3% in the 4th quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company's stock valued at $122,000 after acquiring an additional 1,411 shares during the last quarter. 1.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on NWG. Peel Hunt downgraded shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. Citigroup reiterated a "buy" rating on shares of NatWest Group in a report on Monday, April 28th. Finally, BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, NatWest Group currently has an average rating of "Buy".

NatWest Group Stock Up 1.9 %

Shares of NWG stock traded up $0.24 during trading hours on Friday, hitting $13.01. 4,096,054 shares of the company were exchanged, compared to its average volume of 3,348,152. NatWest Group plc has a 52 week low of $7.80 and a 52 week high of $13.18. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $12.04 and a two-hundred day moving average of $10.91. The company has a market capitalization of $52.39 billion, a PE ratio of 9.57, a PEG ratio of 0.85 and a beta of 1.01.

NatWest Group (NYSE:NWG - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.05. The firm had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. Analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, April 28th. Investors of record on Friday, March 14th were given a $0.3899 dividend. This represents a yield of 3.8%. The ex-dividend date was Friday, March 14th. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. NatWest Group's dividend payout ratio (DPR) is currently 51.68%.

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.