Sanctuary Advisors LLC Raises Position in NatWest Group plc (NYSE:NWG)

Sanctuary Advisors LLC lifted its stake in shares of NatWest Group plc (NYSE:NWG) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 254,635 shares of the company’s stock after purchasing an additional 8,060 shares during the period. Sanctuary Advisors LLC’s holdings in NatWest Group were worth $2,773,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NWG. Mediolanum International Funds Ltd purchased a new stake in shares of NatWest Group during the 3rd quarter worth approximately $11,420,000. Natixis Advisors LLC increased its stake in shares of NatWest Group by 10.7% during the 3rd quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock worth $100,245,000 after purchasing an additional 1,031,057 shares during the last quarter. ABC Arbitrage SA purchased a new stake in shares of NatWest Group during the 4th quarter worth approximately $9,578,000. FMR LLC grew its stake in NatWest Group by 57.0% in the 3rd quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after buying an additional 721,578 shares in the last quarter. Finally, US Bancorp DE grew its stake in NatWest Group by 352.4% in the 3rd quarter. US Bancorp DE now owns 567,421 shares of the company’s stock valued at $5,311,000 after buying an additional 442,002 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Up 1.8 %

NatWest Group stock opened at $11.43 on Friday. NatWest Group plc has a 1-year low of $5.89 and a 1-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. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The firm has a 50 day simple moving average of $10.48 and a 200 day simple moving average of $9.84.

NatWest Group (NYSE:NWG) last released its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $3.75 billion. On average, analysts predict that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be issued 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 of this dividend is Friday, March 14th. NatWest Group’s dividend payout ratio (DPR) is presently 22.79%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group 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.