Natixis Advisors LLC Buys 408,239 Shares of NatWest Group plc (NYSE:NWG)

Natixis Advisors LLC grew its stake in NatWest Group plc (NYSE:NWG) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,118,183 shares of the company’s stock after acquiring an additional 408,239 shares during the period. Natixis Advisors LLC owned 0.28% of NatWest Group worth $113,072,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in NWG. Adero Partners LLC boosted its stake in shares of NatWest Group by 9.5% during the fourth 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. boosted its stake in NatWest Group by 3.0% in the third quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock valued at $336,000 after acquiring an additional 1,039 shares in the last quarter. Optas LLC boosted its stake in NatWest Group by 11.5% in the fourth quarter. Optas LLC now owns 11,912 shares of the company’s stock valued at $121,000 after acquiring an additional 1,228 shares in the last quarter. Five Oceans Advisors boosted its stake in NatWest Group by 12.0% in the fourth quarter. Five Oceans Advisors now owns 12,684 shares of the company’s stock valued at $129,000 after acquiring an additional 1,358 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in NatWest Group by 13.3% in the fourth 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. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Trading Up 0.9 %

Shares of NatWest Group stock opened at $11.79 on Friday. NatWest Group plc has a 1 year low of $6.17 and a 1 year high of $12.65. 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 fifty day moving average price of $11.01 and a 200 day moving average price of $10.15. The stock has a market cap of $47.46 billion, a PE ratio of 8.67, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22.

NatWest Group (NYSE:NWG) last released its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Equities research analysts predict that NatWest Group plc will post 1.35 earnings per share for the current 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. The ex-dividend date is Friday, March 14th. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group’s payout ratio is presently 55.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NWG shares. 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 shares of NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average 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.