HUB Investment Partners LLC Has $200,000 Stock Position in NatWest Group plc (NYSE:NWG)

HUB Investment Partners LLC lifted its stake in NatWest Group plc (NYSE:NWG) by 10.1% in the fourth quarter, HoldingsChannel reports. The firm owned 19,657 shares of the company’s stock after purchasing an additional 1,807 shares during the period. HUB Investment Partners LLC’s holdings in NatWest Group were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Adero Partners LLC boosted its position in shares of NatWest Group by 9.5% in the 4th 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 during the period. Raymond James Trust N.A. boosted its position in shares of NatWest Group by 3.0% in the 3rd quarter. Raymond James Trust N.A. now owns 35,878 shares of the company’s stock valued at $336,000 after purchasing an additional 1,039 shares during the period. Gallacher Capital Management LLC boosted its position in NatWest Group by 2.3% during the 4th quarter. Gallacher Capital Management LLC now owns 48,904 shares of the company’s stock worth $497,000 after acquiring an additional 1,093 shares during the period. Optas LLC grew its stake in NatWest Group by 11.5% during the 4th 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. Finally, Five Oceans Advisors grew its stake in shares of NatWest Group by 12.0% in the 4th quarter. Five Oceans Advisors now owns 12,684 shares of the company’s stock valued at $129,000 after buying an additional 1,358 shares in the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Stock Performance

Shares of NYSE NWG opened at $12.02 on Friday. The business has a fifty day simple moving average of $11.23 and a 200 day simple moving average of $10.26. 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 firm has a market capitalization of $48.39 billion, a price-to-earnings ratio of 8.83, a PEG ratio of 0.85 and a beta of 1.22. NatWest Group plc has a one year low of $6.61 and a one year high of $12.65.

NatWest Group (NYSE:NWG) last issued its earnings results 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 during the quarter, compared to analyst estimates of $3.75 billion. Sell-side analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 14th will be paid 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 of this dividend is Friday, March 14th. NatWest Group’s dividend payout ratio is presently 55.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Peel Hunt lowered NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. BNP Paribas lowered NatWest Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

NatWest Group 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.