Oppenheimer Asset Management Inc. Has $433,000 Holdings in NatWest Group plc (NYSE:NWG)

Oppenheimer Asset Management Inc. reduced its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 35.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,566 shares of the company's stock after selling 23,147 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in NatWest Group were worth $433,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NWG. QRG Capital Management Inc. raised its position in NatWest Group by 78.8% in the 3rd quarter. QRG Capital Management Inc. now owns 329,582 shares of the company's stock worth $3,085,000 after purchasing an additional 145,295 shares during the last quarter. Marks Group Wealth Management Inc bought a new position in NatWest Group in the 3rd quarter worth approximately $96,000. Seascape Capital Management raised its position in shares of NatWest Group by 2.9% during the 3rd quarter. Seascape Capital Management now owns 308,702 shares of the company's stock valued at $2,889,000 after acquiring an additional 8,767 shares during the last quarter. Assetmark Inc. raised its position in shares of NatWest Group by 81.7% during the 3rd quarter. Assetmark Inc. now owns 112,112 shares of the company's stock valued at $1,049,000 after acquiring an additional 50,419 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in shares of NatWest Group by 0.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,674,253 shares of the company's stock valued at $15,671,000 after acquiring an additional 6,387 shares during the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Separately, BNP Paribas cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy".

NatWest Group Trading Up 0.4 %

Shares of NatWest Group stock traded up $0.05 on Friday, hitting $12.16. 8,943,060 shares of the company's stock traded hands, compared to its average volume of 2,768,226. The firm's 50-day moving average price is $10.86 and its two-hundred day moving average price is $10.07. The stock has a market capitalization of $48.95 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. NatWest Group plc has a one year low of $6.17 and a one year high of $12.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06.

NatWest Group (NYSE:NWG - Get Free Report) last issued its earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. On average, research analysts expect that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be issued 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 payout ratio is 55.88%.

NatWest Group Company 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.