Callan Capital LLC Purchases 3,188 Shares of NatWest Group plc (NYSE:NWG)

Callan Capital LLC lifted its position in shares of NatWest Group plc (NYSE:NWG) by 19.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,633 shares of the company’s stock after acquiring an additional 3,188 shares during the quarter. Callan Capital LLC’s holdings in NatWest Group were worth $200,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Creative Planning increased its stake in shares of NatWest Group by 21.0% in the third quarter. Creative Planning now owns 144,276 shares of the company’s stock worth $1,350,000 after purchasing an additional 25,075 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in NatWest Group by 70.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,619 shares of the company’s stock worth $202,000 after buying an additional 8,923 shares during the period. Private Advisor Group LLC grew its stake in NatWest Group by 13.3% in the 3rd quarter. Private Advisor Group LLC now owns 52,869 shares of the company’s stock valued at $495,000 after buying an additional 6,199 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new position in shares of NatWest Group in the third quarter worth $426,000. Finally, Ballentine Partners LLC boosted its stake in NatWest Group by 17.6% in the 3rd quarter. Ballentine Partners LLC now owns 37,412 shares of the company’s stock worth $350,000 after purchasing an additional 5,601 shares during the period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

Analyst Ratings Changes

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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

NatWest Group Stock Performance

Shares of NWG opened at $11.43 on Monday. The company has a market cap of $46.01 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.85 and a beta of 1.30. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average price of $10.48 and a 200-day moving average price of $9.85. NatWest Group plc has a 12-month low of $5.89 and a 12-month high of $11.62.

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

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be issued a $0.3899 dividend. This represents a dividend yield of 3.8%. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date is Friday, March 14th. NatWest Group’s payout ratio is presently 22.79%.

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.