First Trust Advisors LP Buys 40,598 Shares of NatWest Group plc (NYSE:NWG)

First Trust Advisors LP boosted its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 385.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,133 shares of the company's stock after acquiring an additional 40,598 shares during the quarter. First Trust Advisors LP's holdings in NatWest Group were worth $520,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. OneAscent Financial Services LLC grew its position in NatWest Group by 8.2% during the fourth quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock valued at $124,000 after acquiring an additional 926 shares during the last quarter. Adero Partners LLC grew its holdings in shares of NatWest Group by 9.5% during the 4th quarter. Adero Partners LLC now owns 11,738 shares of the company's stock valued at $119,000 after purchasing an additional 1,014 shares during the last quarter. Gallacher Capital Management LLC raised its position in NatWest Group by 2.3% in the 4th quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock worth $497,000 after purchasing an additional 1,093 shares during the period. Pitcairn Co. lifted its stake in NatWest Group by 7.4% in the fourth quarter. Pitcairn Co. now owns 17,223 shares of the company's stock worth $175,000 after purchasing an additional 1,193 shares during the last quarter. Finally, Optas LLC boosted its position in NatWest Group by 11.5% during the fourth quarter. Optas LLC now owns 11,912 shares of the company's stock valued at $121,000 after buying an additional 1,228 shares during the period. Institutional investors own 1.27% of the company's stock.

Analyst Upgrades and Downgrades

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

NatWest Group Trading Down 2.2%

Shares of NWG stock traded down $0.30 during trading hours on Monday, reaching $12.95. The company's stock had a trading volume of 11,332,149 shares, compared to its average volume of 3,471,810. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a one year low of $7.80 and a one year high of $13.30. The stock has a market capitalization of $52.13 billion, a P/E ratio of 9.52, a P/E/G ratio of 0.85 and a beta of 1.01. The firm's fifty day simple moving average is $12.14 and its 200 day simple moving average is $11.06.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly 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 company had revenue of $5.30 billion during the quarter, compared to the consensus estimate of $3.80 billion. Equities research analysts expect 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 was paid on Monday, April 28th. Investors of record on Friday, March 14th were given a $0.3899 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group's dividend payout ratio is 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.