Aquatic Capital Management LLC Makes New Investment in NatWest Group plc (NYSE:NWG)

Aquatic Capital Management LLC bought a new position in NatWest Group plc (NYSE:NWG) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 170,526 shares of the company’s stock, valued at approximately $1,734,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Whipplewood Advisors LLC bought a new stake in shares of NatWest Group in the fourth quarter worth approximately $27,000. Hilltop National Bank bought a new stake in NatWest Group during the fourth quarter valued at approximately $29,000. First Horizon Advisors Inc. lifted its holdings in NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company’s stock valued at $29,000 after purchasing an additional 1,787 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in NatWest Group during the fourth quarter valued at approximately $35,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in NatWest Group during the third quarter valued at approximately $33,000. 1.27% of the stock is owned by institutional investors.

NatWest Group Price Performance

Shares of NWG opened at $12.97 on Tuesday. The firm has a market capitalization of $52.23 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. 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 $7.68 and a 1-year high of $13.21. The company’s fifty day moving average price is $11.92 and its 200-day moving average price is $10.81.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $3.75 billion. On average, equities research analysts predict that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Monday, April 28th. Stockholders of record on Friday, March 14th were paid a $0.3899 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. NatWest Group’s payout ratio is currently 56.62%.

Analyst Ratings Changes

Several research firms have recently commented on NWG. Citigroup reissued a “buy” rating on shares of NatWest Group in a report on Monday. BNP Paribas cut shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. Finally, Peel Hunt cut NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently 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.