Cerity Partners LLC Has $1.13 Million Stock Position in NatWest Group plc (NYSE:NWG)

Cerity Partners LLC raised its stake in NatWest Group plc (NYSE:NWG - Free Report) by 36.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,762 shares of the company's stock after buying an additional 30,377 shares during the quarter. Cerity Partners LLC's holdings in NatWest Group were worth $1,132,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Whipplewood Advisors LLC acquired a new position in NatWest Group during the 4th quarter worth approximately $27,000. Hilltop National Bank acquired a new position in NatWest Group during the fourth quarter worth $29,000. First Horizon Advisors Inc. grew its position in 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 in the last quarter. Geneos Wealth Management Inc. acquired a new stake in NatWest Group in the 4th quarter valued at $35,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in NatWest Group during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 1.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NWG shares. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a research report 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 issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, NatWest Group presently has a consensus rating of "Buy".

NatWest Group Stock Performance

NYSE NWG traded up $0.15 during trading on Wednesday, reaching $12.72. 4,776,236 shares of the company's stock were exchanged, compared to its average volume of 3,262,188. 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 business has a 50 day moving average price of $11.78 and a 200-day moving average price of $10.71. The stock has a market capitalization of $51.21 billion, a P/E ratio of 9.34, a PEG ratio of 0.85 and a beta of 0.93. NatWest Group plc has a fifty-two week low of $7.16 and a fifty-two week high of $12.81.

NatWest Group (NYSE:NWG - Get Free Report) last posted its earnings results on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $3.75 billion. Sell-side analysts forecast that NatWest Group plc will post 1.35 earnings per share 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. Shareholders of record on Friday, March 14th will be issued a $0.3899 dividend. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. The ex-dividend date of this dividend is Friday, March 14th. NatWest Group's dividend payout ratio is currently 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.