Capital Research Global Investors Takes $1.02 Million Position in NatWest Group plc (NYSE:NWG)

Capital Research Global Investors acquired a new position in shares of NatWest Group plc (NYSE:NWG - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 100,136 shares of the company's stock, valued at approximately $1,019,000.

Several other institutional investors also recently modified their holdings of the company. First Trust Advisors LP increased its stake in shares of NatWest Group by 385.4% during the 4th quarter. First Trust Advisors LP now owns 51,133 shares of the company's stock worth $520,000 after purchasing an additional 40,598 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in NatWest Group by 3.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,322,718 shares of the company's stock valued at $74,473,000 after buying an additional 216,053 shares during the last quarter. Forum Financial Management LP grew its stake in NatWest Group by 94.2% in the 4th quarter. Forum Financial Management LP now owns 40,696 shares of the company's stock valued at $414,000 after buying an additional 19,742 shares during the last quarter. Marshall Wace LLP grew its stake in NatWest Group by 499.0% in the 4th quarter. Marshall Wace LLP now owns 812,933 shares of the company's stock valued at $8,268,000 after buying an additional 677,222 shares during the last quarter. Finally, Bridgewater Associates LP acquired a new position in NatWest Group in the 4th quarter valued at about $629,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Stock Performance

Shares of NWG traded up $0.13 during mid-day trading on Friday, hitting $12.85. 3,971,189 shares of the company's stock were exchanged, compared to its average volume of 3,295,592. 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 52 week low of $7.68 and a 52 week high of $12.87. The stock's 50-day simple moving average is $11.89 and its 200-day simple moving average is $10.79. The firm has a market cap of $51.75 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.11. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. On average, equities research analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.3899 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is 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 55.88%.

Wall Street Analyst Weigh In

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

About NatWest Group

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.