Benjamin Edwards Inc. Has $381,000 Stake in NatWest Group plc (NYSE:NWG)

Benjamin Edwards Inc. lifted its stake in NatWest Group plc (NYSE:NWG) by 78.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,427 shares of the company’s stock after purchasing an additional 16,452 shares during the period. Benjamin Edwards Inc.’s holdings in NatWest Group were worth $381,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of NWG. New York State Common Retirement Fund acquired a new stake in shares of NatWest Group in the 4th quarter valued at $216,000. Raymond James Financial Inc. bought a new stake in NatWest Group during the 4th quarter worth about $27,339,000. Natixis Advisors LLC raised its holdings in NatWest Group by 3.8% during the 4th quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company’s stock worth $113,072,000 after purchasing an additional 408,239 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its position in NatWest Group by 79.3% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 130,291 shares of the company’s stock valued at $1,325,000 after purchasing an additional 57,618 shares during the period. Finally, Perigon Wealth Management LLC boosted its stake in shares of 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 purchasing an additional 1,411 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. BNP Paribas lowered shares of NatWest Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 4th. Peel Hunt lowered NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, March 6th. Finally, Citigroup reiterated a “buy” rating on shares of NatWest Group in a report on Monday, April 28th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

NatWest Group Trading Up 1.8 %

NWG opened at $13.25 on Friday. NatWest Group plc has a twelve month low of $7.80 and a twelve month high of $13.30. The firm has a market cap of $53.36 billion, a PE ratio of 9.74, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. 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’s fifty day moving average is $12.13 and its two-hundred day moving average is $11.03.

NatWest Group (NYSE:NWG) last posted its earnings results on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The business had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. Equities research analysts anticipate that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, April 28th. Investors of record on Friday, March 14th were paid a dividend of $0.3899 per share. This represents a yield of 3.8%. This is a boost from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date was Friday, March 14th. NatWest Group’s dividend payout ratio is presently 51.68%.

NatWest Group Company 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.