NatWest Group plc (NYSE:NWG) Shares Acquired by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its position in NatWest Group plc (NYSE:NWG - Free Report) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 944,614 shares of the company's stock after acquiring an additional 49,462 shares during the period. Massachusetts Financial Services Co. MA's holdings in NatWest Group were worth $9,607,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in NatWest Group in the fourth quarter valued at about $27,000. Hilltop National Bank acquired a new stake in shares of NatWest Group in the 4th quarter valued at approximately $29,000. First Horizon Advisors Inc. lifted its holdings in shares of NatWest Group by 161.4% in the 4th 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. Geneos Wealth Management Inc. purchased a new stake in shares of NatWest Group in the fourth quarter valued at approximately $35,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in NatWest Group during the third quarter worth $33,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Price Performance

NYSE NWG traded up $0.36 during mid-day trading on Friday, hitting $11.63. The stock had a trading volume of 5,893,409 shares, compared to its average volume of 3,156,736. The company has a 50 day simple moving average of $11.63 and a 200 day simple moving average of $10.56. The company has a market cap of $46.82 billion, a price-to-earnings ratio of 8.55, a P/E/G ratio of 0.85 and a beta of 0.93. NatWest Group plc has a 52-week low of $6.75 and a 52-week high of $12.65. 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 (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, beating analysts' consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $3.75 billion. Equities analysts forecast that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.3899 per share. This represents a dividend yield of 3.8%. This is a boost from NatWest Group's previous semi-annual dividend of $0.36. The ex-dividend date of this dividend is Friday, March 14th. NatWest Group's dividend payout ratio (DPR) is 55.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BNP Paribas lowered 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 research note on Thursday, March 6th. One 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 stock. According to MarketBeat, the stock has an average rating of "Buy".

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.