NatWest Group (NYSE:NWG - Get Free Report) is scheduled to release its earnings data before the market opens on Friday, April 26th. Analysts expect NatWest Group to post earnings of $0.24 per share for the quarter.
NatWest Group (NYSE:NWG - Get Free Report) last issued its earnings results on Friday, February 16th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.14. The firm had revenue of $4.39 billion during the quarter. On average, analysts expect NatWest Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NatWest Group Stock Up 1.0 %
Shares of NYSE NWG traded up $0.07 during midday trading on Friday, hitting $7.00. The stock had a trading volume of 1,670,315 shares, compared to its average volume of 1,815,569. The business's 50 day moving average is $6.46 and its 200-day moving average is $5.76. The company has a market cap of $30.59 billion, a P/E ratio of 6.84, a PEG ratio of 4.21 and a beta of 1.42. NatWest Group has a 52 week low of $4.30 and a 52 week high of $7.26. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.15.
NatWest Group Increases Dividend
The company also recently announced a -- dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, March 15th will be paid a $0.2896 dividend. This represents a dividend yield of 6.4%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from NatWest Group's previous -- dividend of $0.14.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in NWG. Voloridge Investment Management LLC bought a new position in NatWest Group during the fourth quarter valued at approximately $112,000. Citadel Advisors LLC raised its position in NatWest Group by 2,283.4% in the fourth quarter. Citadel Advisors LLC now owns 935,614 shares of the company's stock worth $5,268,000 after acquiring an additional 896,358 shares during the period. Royal Bank of Canada raised its position in NatWest Group by 11.4% in the fourth quarter. Royal Bank of Canada now owns 223,042 shares of the company's stock worth $1,255,000 after acquiring an additional 22,756 shares during the period. Pathstone Holdings LLC bought a new position in NatWest Group in the fourth quarter worth approximately $1,976,000. Finally, Point72 Asset Management L.P. bought a new position in NatWest Group in the fourth quarter worth approximately $835,000. Institutional investors own 1.27% of the company's stock.
About NatWest Group
(
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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.
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