Dimensional Fund Advisors LP Buys 216,053 Shares of NatWest Group plc (NYSE:NWG)

Dimensional Fund Advisors LP increased its position in NatWest Group plc (NYSE:NWG - Free Report) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,322,718 shares of the company's stock after buying an additional 216,053 shares during the quarter. Dimensional Fund Advisors LP owned 0.18% of NatWest Group worth $74,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group in the 4th quarter worth approximately $27,000. Hilltop National Bank purchased a new position in NatWest Group in the 4th quarter worth $29,000. First Horizon Advisors Inc. lifted its stake in NatWest Group by 161.4% in the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $29,000 after purchasing an additional 1,787 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in NatWest Group during the third quarter valued at about $33,000. Finally, Geneos Wealth Management Inc. bought a new position in shares of NatWest Group during the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 1.27% of the company's stock.

Analysts Set New Price Targets

NWG has been the topic of several recent research reports. Citigroup restated a "buy" rating on shares of NatWest Group in a research report on Monday, April 28th. BNP Paribas downgraded shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued 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 Stock Down 1.7 %

Shares of NYSE:NWG traded down $0.23 during trading on Tuesday, hitting $12.85. The stock had a trading volume of 1,312,706 shares, compared to its average volume of 3,337,717. The company has a market capitalization of $51.73 billion, a PE ratio of 9.44, a PEG ratio of 0.85 and a beta of 1.01. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. The firm's fifty day moving average is $12.06 and its 200 day moving average is $10.94. NatWest Group plc has a 12 month low of $7.80 and a 12 month high of $13.21.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $5.30 billion during the quarter, compared to the consensus estimate of $3.80 billion. 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 was paid on Monday, April 28th. Investors of record on Friday, March 14th were paid a dividend of $0.3899 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a yield of 3.8%. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. NatWest Group's payout ratio is presently 51.68%.

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.