Marshall Wace LLP Has $8.27 Million Stock Holdings in NatWest Group plc (NYSE:NWG)

Marshall Wace LLP lifted its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 499.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 812,933 shares of the company's stock after acquiring an additional 677,222 shares during the quarter. Marshall Wace LLP's holdings in NatWest Group were worth $8,268,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group during the 4th quarter worth about $27,000. Hilltop National Bank bought a new stake in NatWest Group during the 4th quarter valued at approximately $29,000. First Horizon Advisors Inc. boosted its stake in 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 purchasing an additional 1,787 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NatWest Group during the 3rd quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. bought a new stake in NatWest Group during the 4th quarter valued at approximately $35,000. Institutional investors own 1.27% of the company's stock.

NatWest Group Stock Performance

NWG stock traded up $0.11 during midday trading on Monday, hitting $12.97. The stock had a trading volume of 3,548,520 shares, compared to its average volume of 3,296,603. NatWest Group plc has a 52 week low of $7.68 and a 52 week high of $13.02. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The stock has a 50-day simple moving average of $11.92 and a 200 day simple moving average of $10.81. The firm has a market capitalization of $52.23 billion, a price-to-earnings ratio of 9.54, a P/E/G ratio of 0.85 and a beta of 0.93.

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

NatWest Group Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.3899 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a yield of 3.8%. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. NatWest Group's payout ratio is currently 55.88%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NWG shares. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Peel Hunt downgraded NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. One research 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. According to MarketBeat.com, the stock has an average rating of "Buy".

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.