Boston Partners Increases Stake in NatWest Group plc (NYSE:NWG)

Boston Partners grew its position in NatWest Group plc (NYSE:NWG) by 34.4% during the 4th quarter, Holdings Channel reports. The fund owned 365,226 shares of the company’s stock after buying an additional 93,568 shares during the quarter. Boston Partners’ holdings in NatWest Group were worth $3,719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Natixis Advisors LLC boosted its holdings in NatWest Group by 3.8% in the 4th quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company’s stock valued at $113,072,000 after purchasing an additional 408,239 shares in the last quarter. Todd Asset Management LLC boosted its stake in shares of NatWest Group by 0.3% in the fourth quarter. Todd Asset Management LLC now owns 4,135,388 shares of the company’s stock valued at $42,057,000 after buying an additional 10,755 shares in the last quarter. Raymond James Financial Inc. purchased a new position in NatWest Group in the fourth quarter worth $27,339,000. FMR LLC lifted its holdings in NatWest Group by 57.0% in the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after acquiring an additional 721,578 shares during the period. Finally, ABC Arbitrage SA purchased a new stake in shares of NatWest Group during the 4th quarter worth $9,578,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Peel Hunt downgraded shares of NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. BNP Paribas downgraded shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

NatWest Group Price Performance

NatWest Group stock opened at $12.02 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 firm’s 50-day simple moving average is $11.23 and its 200 day simple moving average is $10.25. NatWest Group plc has a 52 week low of $6.61 and a 52 week high of $12.65. The firm has a market capitalization of $48.39 billion, a PE ratio of 8.83, a P/E/G ratio of 0.85 and a beta of 1.22.

NatWest Group (NYSE:NWG) last released its quarterly earnings results on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.26 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $3.75 billion. On average, equities research analysts predict that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.3899 per share. 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 yield of 3.8%. NatWest Group’s dividend payout ratio (DPR) is presently 55.88%.

NatWest Group Company 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.