NatWest Group plc (NYSE:NWG) Receives Average Recommendation of "Buy" from Analysts

Shares of NatWest Group plc (NYSE:NWG - Get Free Report) have been given an average rating of "Buy" by the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently commented on NWG. Peel Hunt downgraded NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 4th.

Institutional Trading of NatWest Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in NatWest Group in the 4th quarter valued at approximately $27,339,000. Northern Trust Corp boosted its holdings in shares of NatWest Group by 45.6% in the fourth quarter. Northern Trust Corp now owns 3,243,078 shares of the company's stock worth $32,982,000 after acquiring an additional 1,014,926 shares during the period. Bank of America Corp DE grew its position in shares of NatWest Group by 25.1% in the fourth quarter. Bank of America Corp DE now owns 4,712,296 shares of the company's stock valued at $47,924,000 after purchasing an additional 944,464 shares in the last quarter. ABC Arbitrage SA bought a new stake in shares of NatWest Group during the 4th quarter valued at $9,578,000. Finally, FMR LLC lifted 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 purchasing an additional 721,578 shares in the last quarter. Institutional investors own 1.27% of the company's stock.

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NatWest Group Stock Down 0.1 %

Shares of NWG traded down $0.02 during midday trading on Friday, hitting $11.95. The stock had a trading volume of 3,622,939 shares, compared to its average volume of 3,014,568. The firm has a market cap of $48.10 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The company has a 50 day simple moving average of $11.45 and a two-hundred day simple moving average of $10.38. NatWest Group has a twelve month low of $6.70 and a twelve month 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 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. On average, analysts anticipate that NatWest Group will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.3899 per share. The ex-dividend date is Friday, March 14th. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group's dividend 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.