XTX Topco Ltd Purchases Shares of 26,728 NatWest Group plc (NYSE:NWG)

XTX Topco Ltd acquired a new position in NatWest Group plc (NYSE:NWG - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 26,728 shares of the company's stock, valued at approximately $272,000.

Several other hedge funds have also recently made changes to their positions in NWG. OneAscent Financial Services LLC lifted its holdings in shares of NatWest Group by 8.2% during the fourth quarter. OneAscent Financial Services LLC now owns 12,211 shares of the company's stock valued at $124,000 after purchasing an additional 926 shares during the last quarter. Adero Partners LLC boosted its holdings in NatWest Group by 9.5% in the fourth quarter. Adero Partners LLC now owns 11,738 shares of the company's stock worth $119,000 after acquiring an additional 1,014 shares in the last quarter. Gallacher Capital Management LLC grew its stake in shares of NatWest Group by 2.3% in the fourth quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock worth $497,000 after acquiring an additional 1,093 shares during the last quarter. Pitcairn Co. increased its holdings in shares of NatWest Group by 7.4% during the fourth quarter. Pitcairn Co. now owns 17,223 shares of the company's stock valued at $175,000 after acquiring an additional 1,193 shares in the last quarter. Finally, Optas LLC raised its position in shares of NatWest Group by 11.5% in the 4th quarter. Optas LLC now owns 11,912 shares of the company's stock worth $121,000 after purchasing an additional 1,228 shares during the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NWG. Citigroup reissued a "buy" rating on shares of NatWest Group in a research report on Monday. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Peel Hunt cut NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

NatWest Group Stock Performance

NWG stock traded down $0.16 during trading on Thursday, reaching $12.77. The stock had a trading volume of 1,760,568 shares, compared to its average volume of 3,310,826. The firm has a market cap of $51.41 billion, a PE ratio of 9.41, a PEG ratio of 0.85 and a beta of 0.93. 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 stock's 50 day moving average is $11.99 and its two-hundred day moving average is $10.84. NatWest Group plc has a 52 week low of $7.68 and a 52 week high of $13.18.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $3.75 billion. As a group, equities analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Monday, April 28th. Shareholders of record on Friday, March 14th were given a $0.3899 dividend. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. The ex-dividend date was Friday, March 14th. NatWest Group's dividend payout ratio is presently 56.62%.

NatWest Group Profile

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.