NatWest Group plc (NYSE:NWG) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its stake in NatWest Group plc (NYSE:NWG - Free Report) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 242,988 shares of the company's stock after buying an additional 24,954 shares during the quarter. Orion Portfolio Solutions LLC's holdings in NatWest Group were worth $2,471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of NWG. Charles Schwab Investment Management Inc. boosted its position in shares of NatWest Group by 22.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 245,631 shares of the company's stock valued at $2,299,000 after buying an additional 44,422 shares during the period. Cerity Partners LLC lifted its stake in shares of NatWest Group by 72.6% during the 3rd quarter. Cerity Partners LLC now owns 84,385 shares of the company's stock worth $790,000 after acquiring an additional 35,499 shares during the last quarter. FMR LLC boosted 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 valued at $18,611,000 after acquiring an additional 721,578 shares during the period. Quantbot Technologies LP bought a new position in NatWest Group in the 3rd quarter valued at $572,000. Finally, Townsquare Capital LLC purchased a new stake in NatWest Group in the third quarter worth $151,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Stock Down 9.6 %

Shares of NWG stock traded down $1.14 during mid-day trading on Friday, hitting $10.72. 6,591,342 shares of the stock traded hands, compared to its average volume of 3,054,134. NatWest Group plc has a 52-week low of $6.75 and a 52-week high of $12.65. The stock has a market cap of $43.15 billion, a P/E ratio of 7.88, a P/E/G ratio of 0.85 and a beta of 0.93. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The stock's fifty day moving average is $11.58 and its two-hundred day moving average is $10.48.

Remove Ads

NatWest Group (NYSE:NWG - Get Free Report) last posted its earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating 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. Equities analysts predict that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, April 28th. Investors 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 yield of 3.8%. NatWest Group's dividend payout ratio (DPR) is 55.88%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. BNP Paribas cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. Peel Hunt downgraded 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 assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, NatWest Group currently has a consensus rating of "Buy".

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.