Cerity Partners LLC Purchases 30,377 Shares of NatWest Group plc (NYSE:NWG)

Cerity Partners LLC raised its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 36.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,762 shares of the company's stock after acquiring an additional 30,377 shares during the quarter. Cerity Partners LLC's holdings in NatWest Group were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Whipplewood Advisors LLC acquired a new stake in NatWest Group during the fourth quarter valued at approximately $27,000. Hilltop National Bank acquired a new stake in shares of NatWest Group during the 4th quarter valued at $29,000. First Horizon Advisors Inc. lifted its position in shares of NatWest Group by 161.4% during the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after acquiring an additional 1,787 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of NatWest Group during the 3rd quarter worth $33,000. Finally, Geneos Wealth Management Inc. acquired a new position in shares of NatWest Group in the 4th quarter worth $35,000. Institutional investors own 1.27% of the company's stock.

Wall Street Analysts Forecast Growth

NWG has been the subject of several analyst reports. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. 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 company. According to data from MarketBeat, NatWest Group presently has an average rating of "Buy".

NatWest Group Stock Down 1.3 %

NYSE:NWG traded down $0.17 during trading hours on Thursday, hitting $12.60. 1,958,316 shares of the company's stock traded hands, compared to its average volume of 3,269,714. NatWest Group plc has a twelve month low of $7.18 and a twelve month high of $12.99. The firm has a market cap of $50.72 billion, a P/E ratio of 9.27, a P/E/G ratio of 0.85 and a beta of 0.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. The stock's fifty day moving average price is $11.82 and its two-hundred day moving average price is $10.72.

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

NatWest Group Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be paid 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 dividend yield of 3.8%. NatWest Group's dividend payout ratio is 55.88%.

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.