NatWest Group plc (NYSE:NWG) Shares Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC raised its stake in NatWest Group plc (NYSE:NWG - Free Report) by 153.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,267 shares of the company's stock after acquiring 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 SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new position in shares of NatWest Group during the fourth quarter worth approximately $27,000. Hilltop National Bank bought a new position in shares of NatWest Group in the fourth quarter worth $29,000. First Horizon Advisors Inc. raised its stake in shares of NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $29,000 after acquiring an additional 1,787 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of NatWest Group in the 3rd quarter worth about $33,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of NatWest Group during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 1.27% of the company's stock.

NatWest Group Stock Performance

Shares of NWG traded up $0.11 during trading hours on Thursday, hitting $13.38. The company had a trading volume of 2,685,514 shares, compared to its average volume of 3,508,168. The business has a fifty day moving average of $12.18 and a 200-day moving average of $11.09. The firm has a market cap of $53.86 billion, a price-to-earnings ratio of 9.84, 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. NatWest Group plc has a 12 month low of $7.80 and a 12 month high of $13.43.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.34 by $0.05. The firm had revenue of $5.30 billion during the quarter, compared to analysts' expectations of $3.80 billion. Equities analysts anticipate that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Monday, April 28th. Investors of record on Friday, March 14th were issued a $0.3899 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group's payout ratio is currently 51.68%.

Analysts Set New Price Targets

A number of analysts recently issued reports on NWG shares. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. Citigroup reiterated a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. Finally, Peel Hunt downgraded shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group has a consensus rating of "Buy".

About NatWest Group

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.