61,893 Shares in NatWest Group plc (NYSE:NWG) Acquired by Bridgewater Associates LP

Bridgewater Associates LP bought a new position in NatWest Group plc (NYSE:NWG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 61,893 shares of the company's stock, valued at approximately $629,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New York State Common Retirement Fund bought a new stake in NatWest Group during the 4th quarter valued at about $216,000. Raymond James Financial Inc. bought a new stake in shares of NatWest Group during the fourth quarter valued at approximately $27,339,000. Natixis Advisors LLC increased its position 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 in the last quarter. Redhawk Wealth Advisors Inc. lifted its position in NatWest Group by 79.3% in the 4th 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 lifted its position in NatWest Group by 13.3% in the 4th quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company's stock valued at $122,000 after acquiring an additional 1,411 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NWG has been the subject of several recent analyst reports. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Peel Hunt lowered NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy".

NatWest Group Stock Performance

Shares of NWG traded up $0.19 during trading hours on Wednesday, hitting $12.76. The stock had a trading volume of 5,369,087 shares, compared to its average volume of 3,264,063. NatWest Group plc has a 12 month low of $7.16 and a 12 month high of $13.06. The stock has a fifty day moving average price of $11.78 and a 200 day moving average price of $10.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $51.39 billion, a PE ratio of 9.38, a PEG ratio of 0.85 and a beta of 0.93.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $3.75 billion. Analysts anticipate that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.3899 per share. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 3.8%. NatWest Group's payout ratio is presently 55.88%.

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.