Tower Research Capital LLC TRC reduced its stake in NatWest Group plc (NYSE:NWG - Free Report) by 86.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,937 shares of the company's stock after selling 25,493 shares during the quarter. Tower Research Capital LLC TRC's holdings in NatWest Group were worth $40,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC bought a new stake in NatWest Group in the 4th quarter valued at $27,000. First Horizon Advisors Inc. lifted its position in NatWest Group by 161.4% in the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after acquiring an additional 1,787 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in NatWest Group in the 4th quarter valued at $35,000. Whittier Trust Co. bought a new stake in NatWest Group in the 4th quarter valued at $42,000. Finally, Apollon Wealth Management LLC bought a new stake in NatWest Group in the 4th quarter valued at $108,000. 1.27% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the stock. Citigroup reaffirmed a "buy" rating on shares of NatWest Group in a research report on Monday, April 28th. 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. Finally, BNP Paribas cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. 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 stock. According to MarketBeat, NatWest Group presently has an average rating of "Buy".
View Our Latest Report on NatWest Group
NatWest Group Trading Up 1.5%
Shares of NYSE:NWG opened at $13.11 on Wednesday. The company's 50-day moving average price is $12.16 and its two-hundred day moving average price is $11.08. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. NatWest Group plc has a one year low of $7.80 and a one year high of $13.30. The stock has a market capitalization of $52.80 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01.
NatWest Group (NYSE:NWG - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.34 by $0.05. The business had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. On average, equities analysts forecast that NatWest Group plc will post 1.35 EPS for the current fiscal year.
NatWest Group Increases Dividend
The company also recently disclosed a semi-annual dividend, which was paid on Monday, April 28th. Stockholders 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 is a positive change from NatWest Group's previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. NatWest Group's payout ratio is currently 51.68%.
About NatWest Group
(
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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