Marshall Wace LLP Has $8.27 Million Stock Holdings in NatWest Group plc (NYSE:NWG)

Marshall Wace LLP increased its stake in NatWest Group plc (NYSE:NWG - Free Report) by 499.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 812,933 shares of the company's stock after acquiring an additional 677,222 shares during the quarter. Marshall Wace LLP's holdings in NatWest Group were worth $8,268,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new stake in NatWest Group during the 4th quarter worth about $27,000. Hilltop National Bank bought a new stake in shares of NatWest Group during the 4th quarter valued at about $29,000. First Horizon Advisors Inc. grew its stake in NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $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 third quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. acquired a new position in NatWest Group in the fourth quarter valued at approximately $35,000. 1.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on NWG shares. BNP Paribas downgraded 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 given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy".

NatWest Group Trading Up 3.3 %

Shares of NatWest Group stock opened at $12.57 on Wednesday. The stock has a market capitalization of $50.62 billion, a PE ratio of 9.24, 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 $12.71. The stock has a 50 day moving average price of $11.78 and a two-hundred day moving average price of $10.71. 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 posted its quarterly earnings results on Friday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $3.75 billion. As a group, equities analysts anticipate that NatWest Group plc will post 1.35 earnings per share 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. Stockholders of record on Friday, March 14th will be given a dividend of $0.3899 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. NatWest Group's payout ratio is presently 55.88%.

NatWest Group 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.

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