Natixis Advisors LLC Has $113.07 Million Holdings in NatWest Group plc (NYSE:NWG)

Natixis Advisors LLC boosted its holdings in shares of NatWest Group plc (NYSE:NWG - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,118,183 shares of the company's stock after purchasing an additional 408,239 shares during the period. Natixis Advisors LLC owned approximately 0.28% of NatWest Group worth $113,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in shares of NatWest Group in the 4th quarter worth $27,339,000. ABC Arbitrage SA purchased a new position in NatWest Group in the 4th quarter worth about $9,578,000. FMR LLC raised its holdings in NatWest Group by 57.0% during the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company's stock worth $18,611,000 after buying an additional 721,578 shares during the period. Sanctuary Advisors LLC lifted its stake in NatWest Group by 394.6% during the third quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company's stock valued at $2,441,000 after buying an additional 196,724 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its holdings in shares of NatWest Group by 41.9% in the fourth quarter. QRG Capital Management Inc. now owns 467,834 shares of the company's stock worth $4,758,000 after buying an additional 138,252 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NWG. 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 cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".

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NatWest Group Stock Up 0.6 %

Shares of NYSE NWG traded up $0.08 during mid-day trading on Wednesday, reaching $12.32. The company had a trading volume of 6,093,441 shares, compared to its average volume of 2,937,437. The stock has a market capitalization of $49.60 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. NatWest Group plc has a twelve month low of $6.17 and a twelve month 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. The stock's 50 day moving average is $11.08 and its 200-day moving average is $10.20.

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 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, 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. Shareholders of record on Friday, March 14th will be paid a $0.3899 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group's payout ratio is 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.