NatWest Group plc (NYSE:NWG) Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 1,506.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 750,227 shares of the company's stock after acquiring an additional 703,534 shares during the quarter. JPMorgan Chase & Co.'s holdings in NatWest Group were worth $7,630,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund acquired a new position in shares of NatWest Group during the 4th quarter valued at $216,000. Raymond James Financial Inc. bought a new position in NatWest Group during the fourth quarter valued at about $27,339,000. Natixis Advisors LLC grew its holdings in NatWest Group by 3.8% during the fourth quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company's stock worth $113,072,000 after acquiring an additional 408,239 shares during the period. Sanctuary Advisors LLC lifted its stake in NatWest Group by 394.6% during the third quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company's stock valued at $2,441,000 after purchasing an additional 196,724 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its holdings in NatWest Group by 79.3% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 130,291 shares of the company's stock worth $1,325,000 after buying an additional 57,618 shares in the last quarter. Institutional investors own 1.27% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. Peel Hunt downgraded NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy".

NatWest Group Trading Up 3.3 %

NatWest Group stock traded up $0.40 during midday trading on Tuesday, reaching $12.57. The stock had a trading volume of 6,501,184 shares, compared to its average volume of 3,255,638. NatWest Group plc has a twelve month low of $7.16 and a twelve month high of $12.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $50.62 billion, a price-to-earnings ratio of 9.24, a PEG ratio of 0.85 and a beta of 0.93. The firm's fifty day simple moving average is $11.78 and its two-hundred day simple moving average is $10.71.

NatWest Group (NYSE:NWG - Get Free Report) last released its earnings results on Friday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $3.75 billion. Equities analysts anticipate that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.3899 per share. 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. This represents a yield of 3.8%. NatWest Group's dividend payout ratio (DPR) is presently 55.88%.

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.