2,630 Shares in NatWest Group plc (NYSE:NWG) Acquired by Whipplewood Advisors LLC

Whipplewood Advisors LLC acquired a new stake in NatWest Group plc (NYSE:NWG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,630 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NWG. Adero Partners LLC increased its stake in NatWest Group by 9.5% during the 4th quarter. Adero Partners LLC now owns 11,738 shares of the company’s stock valued at $119,000 after purchasing an additional 1,014 shares in the last quarter. Raymond James Trust N.A. grew its holdings in shares of NatWest Group by 3.0% during the third quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock valued at $336,000 after buying an additional 1,039 shares during the last quarter. Optas LLC increased its position in shares of NatWest Group by 11.5% during the fourth quarter. Optas LLC now owns 11,912 shares of the company’s stock worth $121,000 after acquiring an additional 1,228 shares in the last quarter. Five Oceans Advisors raised its holdings in shares of NatWest Group by 12.0% in the 4th quarter. Five Oceans Advisors now owns 12,684 shares of the company’s stock worth $129,000 after acquiring an additional 1,358 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its position in NatWest Group by 13.3% in the 4th quarter. Perigon Wealth Management LLC now owns 12,045 shares of the company’s stock valued at $122,000 after acquiring an additional 1,411 shares in the last quarter. Institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

NWG opened at $12.26 on Friday. The firm’s fifty day moving average price is $10.66 and its two-hundred day moving average price is $9.96. The company has a market capitalization of $49.35 billion, a price-to-earnings ratio of 9.01, a P/E/G ratio of 0.85 and a beta of 1.30. 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 1 year low of $6.13 and a 1 year high of $12.30.

NatWest Group (NYSE:NWG) last released its quarterly earnings results on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.11. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $3.75 billion. As a group, analysts anticipate that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The firm also recently declared 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 dividend yield of 3.8%. This is an increase from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date is Friday, March 14th. NatWest Group’s dividend payout ratio (DPR) is presently 55.88%.

Analysts Set New Price Targets

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