NatWest Group (NYSE:NWG) Sees Strong Trading Volume

NatWest Group plc (NYSE:NWG - Get Free Report) shares saw an uptick in trading volume on Friday . 1,799,745 shares were traded during trading, an increase of 1% from the previous session's volume of 1,782,678 shares.The stock last traded at $7.12 and had previously closed at $7.13.

NatWest Group Stock Up 0.3 %

The firm has a 50-day moving average of $6.16 and a 200 day moving average of $5.68. The stock has a market capitalization of $31.28 billion, a price-to-earnings ratio of 6.92, a price-to-earnings-growth ratio of 4.21 and a beta of 1.42. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings results on Friday, February 16th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.20 by $0.14. The company had revenue of $4.39 billion for the quarter. On average, sell-side analysts anticipate that NatWest Group plc will post 0.94 earnings per share for the current year.

NatWest Group Increases Dividend

The firm also recently announced a -- dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, March 15th will be given a $0.2896 dividend. This represents a dividend yield of 6.4%. This is a positive change from NatWest Group's previous -- dividend of $0.14. The ex-dividend date of this dividend is Thursday, March 14th.


Hedge Funds Weigh In On NatWest Group

Institutional investors have recently made changes to their positions in the business. NBC Securities Inc. acquired a new position in shares of NatWest Group in the 3rd quarter valued at approximately $25,000. Paradigm Asset Management Co. LLC bought a new stake in shares of NatWest Group in the 3rd quarter valued at approximately $26,000. Barclays PLC bought a new stake in shares of NatWest Group in the 2nd quarter valued at approximately $35,000. Addison Advisors LLC increased its holdings in shares of NatWest Group by 48.9% in the 4th quarter. Addison Advisors LLC now owns 6,520 shares of the company's stock valued at $37,000 after acquiring an additional 2,141 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of NatWest Group by 225.5% in the 2nd quarter. Captrust Financial Advisors now owns 9,675 shares of the company's stock valued at $53,000 after acquiring an additional 6,703 shares during the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Company Profile

(Get Free Report)

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.

Further Reading

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