Yousif Capital Management LLC Decreases Position in NatWest Group plc (NYSE:NWG)

Yousif Capital Management LLC decreased its position in NatWest Group plc (NYSE:NWG - Free Report) by 42.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,250 shares of the company's stock after selling 27,000 shares during the period. Yousif Capital Management LLC's holdings in NatWest Group were worth $379,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA increased its stake in shares of NatWest Group by 121.3% during the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company's stock worth $26,000 after purchasing an additional 1,499 shares during the last quarter. Hilltop National Bank purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $29,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NatWest Group during the 3rd quarter worth approximately $33,000. Geneos Wealth Management Inc. purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $35,000. Finally, Marks Group Wealth Management Inc purchased a new stake in shares of NatWest Group during the 3rd quarter worth approximately $96,000. Hedge funds and other institutional investors own 1.27% of the company's stock.

NatWest Group Price Performance

NYSE:NWG traded up $0.21 during trading hours on Friday, hitting $11.43. The stock had a trading volume of 3,585,919 shares, compared to its average volume of 3,015,744. The company has a 50 day simple moving average of $10.48 and a two-hundred day simple moving average of $9.83. 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 plc has a one year low of $5.89 and a one year high of $11.62. The firm has a market capitalization of $46.01 billion, a price-to-earnings ratio of 8.40, a P/E/G ratio of 0.85 and a beta of 1.30.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly 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 firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $3.75 billion. Research analysts forecast that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.3899 per share. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, March 14th. NatWest Group's payout ratio is currently 22.79%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a "hold" rating to a "moderate buy" rating in a report on Monday, November 4th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently 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.