Capital Fund Management S.A. Buys New Stake in NatWest Group plc $NWG

Key Points

• Capital Fund Management S.A. acquired a new stake in NatWest Group plc, purchasing 294,678 shares valued at approximately $3,513,000 during the first quarter.
• NatWest Group reported a quarterly earnings per share of $0.41, exceeding analysts' expectations of $0.37, with a revenue of $5.42 billion for the same period.
• The company announced a semi-annual dividend of $0.255 per share, which will be paid on September 12th, representing a yield of 390.0%.

Capital Fund Management S.A. acquired a new stake in shares of NatWest Group plc (NYSE:NWG - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 294,678 shares of the company's stock, valued at approximately $3,513,000.

A number of other large investors also recently bought and sold shares of the company. Pacer Advisors Inc. lifted its holdings in NatWest Group by 3.0% during the 1st quarter. Pacer Advisors Inc. now owns 28,042 shares of the company's stock worth $334,000 after buying an additional 807 shares during the last quarter. Commerce Bank lifted its holdings in NatWest Group by 5.2% during the 1st quarter. Commerce Bank now owns 16,511 shares of the company's stock worth $197,000 after buying an additional 818 shares during the last quarter. Aaron Wealth Advisors LLC lifted its holdings in NatWest Group by 2.4% during the 1st quarter. Aaron Wealth Advisors LLC now owns 35,935 shares of the company's stock worth $428,000 after buying an additional 831 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in NatWest Group by 7.1% during the 1st quarter. Checchi Capital Advisers LLC now owns 12,555 shares of the company's stock worth $150,000 after buying an additional 833 shares during the last quarter. Finally, Adero Partners LLC lifted its holdings in NatWest Group by 8.4% during the 1st quarter. Adero Partners LLC now owns 12,723 shares of the company's stock worth $152,000 after buying an additional 985 shares during the last quarter. Institutional investors own 1.27% of the company's stock.

NatWest Group Stock Performance

Shares of NatWest Group stock traded down $0.20 on Thursday, reaching $14.63. 3,011,996 shares of the company were exchanged, compared to its average volume of 4,876,910. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.06 and a current ratio of 1.05. The company's 50-day moving average is $14.06 and its two-hundred day moving average is $13.09. The firm has a market cap of $59.21 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 0.88 and a beta of 1.07. NatWest Group plc has a 1-year low of $8.55 and a 1-year high of $15.52.

NatWest Group (NYSE:NWG - Get Free Report) last posted its earnings results on Friday, July 25th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.37 by $0.04. NatWest Group had a return on equity of 11.99% and a net margin of 16.84%.The firm had revenue of $5.42 billion for the quarter, compared to analysts' expectations of $4.06 billion. As a group, research analysts expect that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 8th will be given a $0.255 dividend. This represents a yield of 390.0%. The ex-dividend date is Friday, August 8th. NatWest Group's dividend payout ratio (DPR) is currently 32.26%.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded NatWest Group from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

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.