NatWest Group plc (NYSE:NWG) Shares Acquired by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky increased its position in shares of NatWest Group plc (NYSE:NWG) by 5.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,673,551 shares of the company’s stock after acquiring an additional 127,680 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in NatWest Group were worth $27,190,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC increased its holdings in shares of NatWest Group by 339.2% in the 3rd quarter. Jane Street Group LLC now owns 53,450 shares of the company’s stock valued at $500,000 after purchasing an additional 41,279 shares during the period. MML Investors Services LLC raised its position in shares of NatWest Group by 66.4% in the third quarter. MML Investors Services LLC now owns 69,531 shares of the company’s stock valued at $651,000 after purchasing an additional 27,742 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of NatWest Group in the third quarter valued at about $33,000. GAMMA Investing LLC grew its holdings in NatWest Group by 56.0% in the 4th quarter. GAMMA Investing LLC now owns 11,529 shares of the company’s stock valued at $117,000 after buying an additional 4,138 shares during the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of NatWest Group in the fourth quarter worth $29,000. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Stock Performance

Shares of NatWest Group stock opened at $12.27 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $49.39 billion, a price-to-earnings ratio of 9.02, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. The stock’s 50-day moving average is $11.74 and its 200-day moving average is $10.67. NatWest Group plc has a one year low of $6.99 and a one year high of $12.65.

NatWest Group (NYSE:NWG) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, topping 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. Equities analysts predict that NatWest Group plc will post 1.35 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be issued a $0.3899 dividend. This represents a 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 dividend payout ratio is currently 55.88%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. BNP Paribas downgraded shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 4th. Peel Hunt cut NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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.