NatWest Group plc (NYSE:NWG - Get Free Report) shares saw an uptick in trading volume on Thursday . 4,814,722 shares were traded during trading, an increase of 77% from the previous session's volume of 2,721,819 shares.The stock last traded at $12.21 and had previously closed at $12.57.
Analysts Set New Price Targets
Separately, BNP Paribas downgraded shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday. 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 company. According to MarketBeat.com, the stock currently has an average rating of "Buy".
Get Our Latest Stock Report on NWG
NatWest Group Stock Up 0.4 %
The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The stock's 50-day moving average is $10.86 and its 200-day moving average is $10.07. The company has a market cap of $48.95 billion, a price-to-earnings ratio of 8.94, a P/E/G ratio of 0.85 and a beta of 1.22.
NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate 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. On average, analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.
NatWest Group Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be paid a $0.3899 dividend. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 3.8%. NatWest Group's dividend payout ratio is presently 55.88%.
Institutional Trading of NatWest Group
Institutional investors have recently made changes to their positions in the company. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group in the 4th quarter worth $27,000. Private Trust Co. NA grew its stake in shares of NatWest Group by 121.3% in the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company's stock worth $26,000 after acquiring an additional 1,499 shares in the last quarter. Hilltop National Bank bought a new stake in shares of NatWest Group in the 4th quarter worth $29,000. First Horizon Advisors Inc. grew its position in NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after buying an additional 1,787 shares during the period. Finally, Geneos Wealth Management Inc. bought a new position in NatWest Group during the fourth quarter valued at about $35,000. Institutional investors own 1.27% of the company's stock.
NatWest Group Company Profile
(
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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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