NatWest Group plc (NYSE:NWG) Shares Purchased by HUB Investment Partners LLC

HUB Investment Partners LLC boosted its stake in NatWest Group plc (NYSE:NWG) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,657 shares of the company’s stock after buying an additional 1,807 shares during the period. HUB Investment Partners LLC’s holdings in NatWest Group were worth $200,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Natixis Advisors LLC increased its position in NatWest Group by 3.8% in the fourth quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company’s stock worth $113,072,000 after buying an additional 408,239 shares during the period. Todd Asset Management LLC increased its position in NatWest Group by 0.3% in the fourth quarter. Todd Asset Management LLC now owns 4,135,388 shares of the company’s stock worth $42,057,000 after buying an additional 10,755 shares during the period. Raymond James Financial Inc. acquired a new stake in NatWest Group in the fourth quarter worth $27,339,000. FMR LLC increased its position in NatWest Group by 57.0% in the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after buying an additional 721,578 shares during the period. Finally, ABC Arbitrage SA acquired a new position in shares of NatWest Group during the fourth quarter valued at $9,578,000. 1.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NWG has been the topic of a number of research analyst reports. BNP Paribas lowered NatWest Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 4th. Peel Hunt lowered NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. One research 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

NatWest Group Price Performance

Shares of NWG opened at $12.02 on Friday. The stock’s fifty day moving average is $11.23 and its 200-day moving average is $10.26. The firm has a market capitalization of $48.39 billion, a price-to-earnings ratio of 8.83, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. NatWest Group plc has a one year low of $6.61 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.

NatWest Group (NYSE:NWG) last released its earnings results on Friday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion for the quarter, compared to analyst estimates of $3.75 billion. Equities analysts anticipate 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 issued a dividend of $0.3899 per share. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. This represents a yield of 3.8%. The ex-dividend date is Friday, March 14th. NatWest Group’s payout ratio is presently 55.88%.

NatWest Group 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.