Charles Schwab Investment Management Inc. Buys 39,006 Shares of NatWest Group plc (NYSE:NWG)

Charles Schwab Investment Management Inc. boosted its stake in shares of NatWest Group plc (NYSE:NWG - Free Report) by 15.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 284,637 shares of the company's stock after acquiring an additional 39,006 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in NatWest Group were worth $2,895,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NWG. ABC Arbitrage SA bought a new stake in shares of NatWest Group during the fourth quarter worth $9,578,000. FMR LLC increased its position in NatWest Group by 57.0% in the third quarter. FMR LLC now owns 1,988,329 shares of the company's stock worth $18,611,000 after purchasing an additional 721,578 shares during the period. Sanctuary Advisors LLC raised its holdings in NatWest Group by 394.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company's stock worth $2,441,000 after purchasing an additional 196,724 shares during the last quarter. QRG Capital Management Inc. lifted its position in NatWest Group by 41.9% during the 4th quarter. QRG Capital Management Inc. now owns 467,834 shares of the company's stock valued at $4,758,000 after purchasing an additional 138,252 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in shares of NatWest Group in the 3rd quarter valued at about $989,000. Institutional investors and hedge funds own 1.27% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Peel Hunt lowered shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. One investment 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 stock. Based on data from MarketBeat.com, NatWest Group presently has an average rating of "Buy".

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NatWest Group Trading Down 0.1 %

Shares of NYSE:NWG traded down $0.02 during mid-day trading on Monday, reaching $11.95. The stock had a trading volume of 3,622,939 shares, compared to its average volume of 3,014,568. The firm has a market cap of $48.10 billion, a PE ratio of 8.78, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The firm has a 50 day simple moving average of $11.49 and a two-hundred day simple moving average of $10.40. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a twelve month low of $6.70 and a twelve month high of $12.65.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly 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 firm had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. On average, research analysts predict that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

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