Vestmark Advisory Solutions Inc. Grows Stake in NatWest Group plc (NYSE:NWG)

Vestmark Advisory Solutions Inc. grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 92,329 shares of the company’s stock after buying an additional 2,518 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in NatWest Group were worth $939,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in NatWest Group in the fourth quarter valued at $27,339,000. Atria Investments Inc boosted its stake in shares of NatWest Group by 4.7% during the 4th quarter. Atria Investments Inc now owns 99,312 shares of the company’s stock valued at $1,010,000 after purchasing an additional 4,481 shares in the last quarter. Assetmark Inc. increased its position in shares of NatWest Group by 9.4% during the fourth quarter. Assetmark Inc. now owns 122,699 shares of the company’s stock valued at $1,248,000 after buying an additional 10,587 shares during the period. Charles Schwab Investment Management Inc. raised its stake in NatWest Group by 15.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 284,637 shares of the company’s stock worth $2,895,000 after buying an additional 39,006 shares in the last quarter. Finally, Schechter Investment Advisors LLC lifted its holdings in NatWest Group by 14.8% in the fourth quarter. Schechter Investment Advisors LLC now owns 13,292 shares of the company’s stock worth $135,000 after buying an additional 1,717 shares during the period. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Stock Performance

Shares of NWG stock opened at $12.16 on Friday. The company’s fifty day moving average price is $10.86 and its 200-day moving average price is $10.06. The stock has a market cap of $48.95 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. NatWest Group plc has a 12 month low of $6.17 and a 12 month high of $12.65.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. On average, equities analysts expect that NatWest Group plc will post 1.35 EPS 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. Investors of record on Friday, March 14th will be given a dividend of $0.3899 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. NatWest Group’s dividend payout ratio (DPR) is 55.88%.

Analyst Ratings Changes

Separately, BNP Paribas downgraded NatWest Group from an “outperform” rating to a “neutral” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, NatWest Group presently has an average rating of “Buy”.

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.