Capital International Investors Sells 149,809 Shares of NatWest Group plc (NYSE:NWG)

Capital International Investors lessened its position in NatWest Group plc (NYSE:NWG - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,793,071 shares of the company's stock after selling 149,809 shares during the period. Capital International Investors owned approximately 0.32% of NatWest Group worth $130,233,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NWG. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group during the 4th quarter worth $27,000. Hilltop National Bank bought a new stake in shares of NatWest Group in the 4th quarter valued at approximately $29,000. First Horizon Advisors Inc. lifted its stake in shares of NatWest Group by 161.4% in the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after purchasing an additional 1,787 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of NatWest Group during the 4th quarter worth about $35,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of NatWest Group in the third quarter valued at approximately $33,000. Institutional investors own 1.27% of the company's stock.

NatWest Group Stock Performance

Shares of NatWest Group stock traded up $0.08 on Friday, hitting $12.80. The stock had a trading volume of 2,721,678 shares, compared to its average volume of 3,286,786. The stock has a market cap of $51.53 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. The business's 50 day moving average is $11.86 and its two-hundred day moving average is $10.74. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a twelve month low of $7.27 and a twelve month high of $12.82.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $3.75 billion. Analysts forecast that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 14th will be issued a $0.3899 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group's dividend payout ratio (DPR) is 55.88%.

Analysts Set New Price Targets

A number of research analysts have recently commented on NWG shares. BNP Paribas lowered shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. Peel Hunt cut NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "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.