XTX Topco Ltd Buys Shares of 26,728 NatWest Group plc (NYSE:NWG)

XTX Topco Ltd acquired a new position in shares of NatWest Group plc (NYSE:NWG - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 26,728 shares of the company's stock, valued at approximately $272,000.

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

NatWest Group Trading Up 1.2 %

NWG traded up $0.16 during trading on Tuesday, reaching $13.13. The company had a trading volume of 3,078,847 shares, compared to its average volume of 3,295,714. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. NatWest Group plc has a 12-month low of $7.68 and a 12-month high of $13.21. The company has a market cap of $52.88 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 0.85 and a beta of 0.93. The firm's 50-day simple moving average is $11.92 and its 200 day simple moving average is $10.81.

NatWest Group (NYSE:NWG - Get Free Report) last released its earnings results on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate 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 research analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, April 28th. Stockholders of record on Friday, March 14th were issued a $0.3899 dividend. The ex-dividend date was Friday, March 14th. This represents a dividend yield of 3.8%. This is a positive change from NatWest Group's previous semi-annual dividend of $0.36. NatWest Group's dividend payout ratio is presently 56.62%.

Analyst Ratings Changes

NWG has been the subject of several research reports. Citigroup restated a "buy" rating on shares of NatWest Group in a research report on Monday. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, March 6th. Finally, BNP Paribas cut NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average 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.