NatWest Group plc (NYSE:NWG) Shares Sold by Causeway Capital Management LLC

Causeway Capital Management LLC lessened its stake in NatWest Group plc (NYSE:NWG - Free Report) by 28.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 801,864 shares of the company's stock after selling 323,200 shares during the quarter. Causeway Capital Management LLC's holdings in NatWest Group were worth $8,155,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Whipplewood Advisors LLC purchased a new position in shares of NatWest Group in the 4th quarter valued at about $27,000. Hilltop National Bank purchased a new position in NatWest Group during the fourth quarter worth approximately $29,000. First Horizon Advisors Inc. grew its holdings in shares of NatWest Group by 161.4% in 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 purchased a new stake in shares of NatWest Group in the 3rd quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. acquired a new stake in NatWest Group during the fourth quarter worth $35,000. Hedge funds and other institutional investors own 1.27% of the company's stock.

NatWest Group Price Performance

NWG traded up $0.08 on Friday, hitting $12.27. 4,156,118 shares of the company were exchanged, compared to its average volume of 3,221,985. The business's fifty day moving average is $11.72 and its 200 day moving average is $10.63. The firm has a market capitalization of $49.39 billion, a P/E ratio of 9.02, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. NatWest Group plc has a fifty-two week low of $6.90 and a fifty-two week high of $12.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06.

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, topping analysts' consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $3.75 billion. As a group, sell-side analysts anticipate that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.