Schonfeld Strategic Advisors LLC increased its holdings in shares of NatWest Group plc (NYSE:NWG - Free Report) by 153.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,267 shares of the company's stock after buying an additional 42,567 shares during the period. Schonfeld Strategic Advisors LLC's holdings in NatWest Group were worth $715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently added to or reduced their stakes in the stock. New York State Common Retirement Fund acquired a new stake in shares of NatWest Group in the fourth quarter valued at about $216,000. Raymond James Financial Inc. acquired a new stake in NatWest Group in the 4th quarter worth about $27,339,000. Natixis Advisors LLC raised its holdings in shares of NatWest Group by 3.8% during the fourth quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company's stock valued at $113,072,000 after acquiring an additional 408,239 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of NatWest Group by 79.3% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 130,291 shares of the company's stock valued at $1,325,000 after acquiring an additional 57,618 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in shares of NatWest Group by 13.3% in the fourth quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company's stock worth $122,000 after acquiring an additional 1,411 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on NWG shares. BNP Paribas lowered NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. Peel Hunt lowered shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. Finally, Citigroup reaffirmed a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, NatWest Group has an average rating of "Buy".
View Our Latest Stock Analysis on NWG
NatWest Group Trading Up 1.8 %
Shares of NWG opened at $13.25 on Friday. 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 firm has a 50-day moving average price of $12.13 and a 200 day moving average price of $11.02. NatWest Group plc has a 12-month low of $7.80 and a 12-month high of $13.30. The firm has a market capitalization of $53.36 billion, a P/E ratio of 9.74, a P/E/G ratio of 0.85 and a beta of 1.01.
NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $3.80 billion. Sell-side analysts forecast that NatWest Group plc will post 1.35 EPS for the current year.
NatWest Group Increases Dividend
The firm also recently declared a semi-annual dividend, which was paid on Monday, April 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.3899 per share. The ex-dividend date was Friday, March 14th. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. NatWest Group's dividend payout ratio is currently 51.68%.
NatWest Group Company Profile
(
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.
See Also
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