NatWest Group plc (LON:NWG) Insider Purchases £481.77 in Stock

NatWest Group plc (LON:NWG - Get Free Report) insider Mark Seligman purchased 159 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average price of GBX 303 ($3.81) per share, with a total value of £481.77 ($605.16).

NatWest Group Trading Up 0.4 %

LON NWG traded up GBX 1.30 ($0.02) during trading hours on Wednesday, reaching GBX 304.80 ($3.83). The company's stock had a trading volume of 27,321,226 shares, compared to its average volume of 26,373,664. The stock has a market cap of £26.64 billion, a PE ratio of 622.04, a PEG ratio of 0.46 and a beta of 1.34. NatWest Group plc has a 52 week low of GBX 168 ($2.11) and a 52 week high of GBX 310 ($3.89). The business has a 50-day simple moving average of GBX 261.83 and a 200 day simple moving average of GBX 229.44.

NatWest Group Increases Dividend

The company also recently declared a dividend, which was paid on Monday, April 29th. Stockholders of record on Thursday, March 14th were issued a dividend of GBX 11.50 ($0.14) per share. This is an increase from NatWest Group's previous dividend of $5.50. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 5.37%. NatWest Group's payout ratio is 3,469.39%.

Analyst Upgrades and Downgrades

Several research firms recently commented on NWG. Berenberg Bank boosted their price target on NatWest Group from GBX 300 ($3.77) to GBX 325 ($4.08) and gave the stock a "buy" rating in a research report on Friday, February 16th. Peel Hunt assumed coverage on shares of NatWest Group in a research report on Friday, April 19th. They set a "buy" rating and a GBX 330 ($4.15) target price on the stock. JPMorgan Chase & Co. raised their price target on shares of NatWest Group from GBX 270 ($3.39) to GBX 290 ($3.64) and gave the company an "overweight" rating in a report on Tuesday, April 9th. Shore Capital reiterated a "buy" rating on shares of NatWest Group in a report on Friday, April 26th. Finally, Keefe, Bruyette & Woods downgraded NatWest Group to an "underperform" rating and set a GBX 230 ($2.89) target price for the company. in a research note on Monday, February 12th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 313.89 ($3.94).

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.