Sanctuary Advisors LLC Buys 8,060 Shares of NatWest Group plc (NYSE:NWG)

Sanctuary Advisors LLC lifted its stake in shares of NatWest Group plc (NYSE:NWG) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 254,635 shares of the company’s stock after acquiring an additional 8,060 shares during the quarter. Sanctuary Advisors LLC’s holdings in NatWest Group were worth $2,773,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NWG. Private Trust Co. NA lifted its holdings in shares of NatWest Group by 121.3% during the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after acquiring an additional 1,499 shares during the last quarter. Hilltop National Bank bought a new stake in shares of NatWest Group during the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of NatWest Group during the 3rd quarter worth $33,000. Geneos Wealth Management Inc. bought a new stake in NatWest Group in the fourth quarter worth $35,000. Finally, Marks Group Wealth Management Inc bought a new stake in NatWest Group in the third quarter worth $96,000. 1.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, NatWest Group has a consensus rating of “Buy”.

NatWest Group Stock Performance

NatWest Group stock opened at $11.43 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $46.01 billion, a PE ratio of 8.40, a P/E/G ratio of 0.85 and a beta of 1.30. The firm has a fifty day simple moving average of $10.48 and a two-hundred day simple moving average of $9.84. NatWest Group plc has a twelve month low of $5.89 and a twelve month high of $11.62.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $3.75 billion. Research analysts expect that NatWest Group plc will post 1.35 EPS for the current 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 given a $0.3899 dividend. This is a boost from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 3.8%. NatWest Group’s payout ratio is presently 22.79%.

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.