Vestmark Advisory Solutions Inc. Purchases 2,518 Shares of NatWest Group plc (NYSE:NWG)

Vestmark Advisory Solutions Inc. lifted its position in NatWest Group plc (NYSE:NWG) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,329 shares of the company’s stock after buying an additional 2,518 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in NatWest Group were worth $939,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in NatWest Group in the 4th quarter valued at approximately $27,339,000. Natixis Advisors LLC lifted its holdings in shares of NatWest Group by 10.7% during the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after purchasing an additional 1,031,057 shares in the last quarter. ABC Arbitrage SA bought a new position in shares of NatWest Group during the fourth quarter valued at $9,578,000. FMR LLC boosted its position in shares of NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after buying an additional 721,578 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in NatWest Group by 394.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 246,575 shares of the company’s stock worth $2,441,000 after buying an additional 196,724 shares in the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

NYSE NWG opened at $12.16 on Friday. The stock has a market capitalization of $48.95 billion, a price-to-earnings ratio of 8.94, a PEG ratio of 0.85 and a beta of 1.22. 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 business’s fifty day moving average price is $10.86 and its 200-day moving average price is $10.06.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $3.75 billion. On average, equities 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 disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 14th will be issued a $0.3899 dividend. This is an increase from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 3.8%. NatWest Group’s dividend payout ratio (DPR) is presently 55.88%.

Analyst Ratings Changes

Separately, BNP Paribas cut shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, NatWest Group currently 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.