Todd Asset Management LLC Purchases 10,755 Shares of NatWest Group plc (NYSE:NWG)

Todd Asset Management LLC lifted its position in NatWest Group plc (NYSE:NWG) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,135,388 shares of the company’s stock after buying an additional 10,755 shares during the period. Todd Asset Management LLC owned about 0.10% of NatWest Group worth $42,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NWG. Quantbot Technologies LP purchased a new position in shares of NatWest Group during the third quarter valued at approximately $572,000. Sanctuary Advisors LLC increased its holdings in NatWest Group by 394.6% during the third quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company’s stock valued at $2,441,000 after buying an additional 196,724 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in NatWest Group by 22.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 245,631 shares of the company’s stock valued at $2,299,000 after buying an additional 44,422 shares during the last quarter. US Bancorp DE increased its holdings in NatWest Group by 352.4% during the third 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 during the last quarter. Finally, QRG Capital Management Inc. increased its holdings in NatWest Group by 78.8% during the third quarter. QRG Capital Management Inc. now owns 329,582 shares of the company’s stock valued at $3,085,000 after buying an additional 145,295 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report 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, the company currently has a consensus rating of “Buy”.

NatWest Group Price Performance

Shares of NYSE:NWG opened at $11.34 on Tuesday. NatWest Group plc has a fifty-two week low of $5.92 and a fifty-two week high of $11.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a fifty day moving average price of $10.50 and a 200 day moving average price of $9.87. The firm has a market cap of $45.65 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 0.85 and a beta of 1.30.

NatWest Group (NYSE:NWG) last released its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating 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. As a group, sell-side analysts expect that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be paid a $0.3899 dividend. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 3.8%. This is an increase from NatWest Group’s previous semi-annual dividend of $0.36. NatWest Group’s dividend payout ratio is currently 55.88%.

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.