Capital International Investors Sells 149,809 Shares of NatWest Group plc (NYSE:NWG)

Capital International Investors reduced its position in NatWest Group plc (NYSE:NWG - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,793,071 shares of the company's stock after selling 149,809 shares during the quarter. Capital International Investors owned approximately 0.32% of NatWest Group worth $130,233,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group in the 4th quarter valued at $27,000. Hilltop National Bank bought a new stake in NatWest Group in the fourth quarter valued at $29,000. First Horizon Advisors Inc. raised its holdings 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 valued at $29,000 after purchasing an additional 1,787 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NatWest Group in the 3rd quarter valued at about $33,000. Finally, Geneos Wealth Management Inc. bought a new position in NatWest Group in the fourth quarter worth approximately $35,000. Institutional investors own 1.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on NWG shares. Peel Hunt lowered NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, March 6th. BNP Paribas lowered shares of NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy".

NatWest Group Stock Up 1.5 %

NatWest Group stock traded up $0.19 during midday trading on Wednesday, hitting $12.76. 5,369,087 shares of the stock were exchanged, compared to its average volume of 3,264,067. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $51.39 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. NatWest Group plc has a 52-week low of $7.16 and a 52-week high of $13.06. The business's 50-day moving average price is $11.78 and its 200-day moving average price is $10.71.

NatWest Group (NYSE:NWG - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates 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. On average, research analysts expect that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

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

NatWest Group Company 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.