Sei Investments Co. Decreases Stock Position in NatWest Group plc (NYSE:NWG)

Sei Investments Co. reduced its holdings in NatWest Group plc (NYSE:NWG - Free Report) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 285,639 shares of the company's stock after selling 27,164 shares during the quarter. Sei Investments Co.'s holdings in NatWest Group were worth $2,905,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NWG. American Century Companies Inc. increased its stake in shares of NatWest Group by 16.8% in the 4th quarter. American Century Companies Inc. now owns 1,368,151 shares of the company's stock valued at $13,914,000 after acquiring an additional 196,470 shares in the last quarter. Summit Global Investments bought a new stake in NatWest Group in the fourth quarter valued at $885,000. HUB Investment Partners LLC raised its holdings in shares of NatWest Group by 10.1% during the fourth quarter. HUB Investment Partners LLC now owns 19,657 shares of the company's stock valued at $200,000 after purchasing an additional 1,807 shares during the period. Whittier Trust Co. bought a new position in shares of NatWest Group during the 4th quarter worth about $42,000. Finally, Boston Partners grew its stake in shares of NatWest Group by 34.4% in the 4th quarter. Boston Partners now owns 365,226 shares of the company's stock valued at $3,719,000 after buying an additional 93,568 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Up 9.4 %

NWG traded up $1.00 during midday trading on Wednesday, reaching $11.57. 9,780,546 shares of the company were exchanged, compared to its average volume of 3,116,550. NatWest Group plc has a one year low of $6.75 and a one year high of $12.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. The company's fifty day moving average price is $11.60 and its 200 day moving average price is $10.53. The company has a market cap of $46.57 billion, a price-to-earnings ratio of 8.50, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly 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 company had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $3.75 billion. As a group, analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be given a $0.3899 dividend. This represents a yield of 3.8%. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. The ex-dividend date is Friday, March 14th. NatWest Group's dividend payout ratio is presently 55.88%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NWG. Peel Hunt lowered 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 report on Tuesday, March 4th. One equities 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. According to MarketBeat.com, the stock currently has a consensus rating of "Buy".

About NatWest Group

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.