JPMorgan Chase & Co. Has $7.63 Million Stake in NatWest Group plc (NYSE:NWG)

JPMorgan Chase & Co. grew its position in NatWest Group plc (NYSE:NWG - Free Report) by 1,506.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 750,227 shares of the company's stock after acquiring an additional 703,534 shares during the period. JPMorgan Chase & Co.'s holdings in NatWest Group were worth $7,630,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of NWG. Adero Partners LLC increased its holdings in shares of NatWest Group by 9.5% in the fourth quarter. Adero Partners LLC now owns 11,738 shares of the company's stock valued at $119,000 after purchasing an additional 1,014 shares in the last quarter. Gallacher Capital Management LLC increased its stake in shares of NatWest Group by 2.3% in the 4th quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company's stock valued at $497,000 after buying an additional 1,093 shares during the period. Optas LLC lifted its stake in shares of NatWest Group by 11.5% during the fourth quarter. Optas LLC now owns 11,912 shares of the company's stock valued at $121,000 after acquiring an additional 1,228 shares during the period. Five Oceans Advisors boosted its holdings in NatWest Group by 12.0% in the fourth quarter. Five Oceans Advisors now owns 12,684 shares of the company's stock valued at $129,000 after acquiring an additional 1,358 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in NatWest Group by 13.3% during the 4th quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company's stock worth $122,000 after purchasing an additional 1,411 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Trading Up 0.6 %

NatWest Group stock traded up $0.08 during midday trading on Friday, hitting $12.27. 4,156,118 shares of the stock were exchanged, compared to its average volume of 3,236,071. The stock has a market capitalization of $49.39 billion, a PE ratio of 9.02, a P/E/G ratio of 0.85 and a beta of 0.93. The company has a fifty day simple moving average of $11.74 and a two-hundred day simple moving average of $10.65. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a 52 week low of $6.99 and a 52 week 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. Equities research analysts anticipate that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The firm 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 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 dividend payout ratio is 55.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NWG shares. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research 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 analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, NatWest Group has an average rating of "Buy".

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.