Atria Investments Inc Boosts Stake in NatWest Group plc (NYSE:NWG)

Atria Investments Inc raised its holdings in shares of NatWest Group plc (NYSE:NWG) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,312 shares of the company’s stock after buying an additional 4,481 shares during the quarter. Atria Investments Inc’s holdings in NatWest Group were worth $1,010,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NWG. Natixis Advisors LLC lifted its stake in NatWest Group by 10.7% during the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock worth $100,245,000 after purchasing an additional 1,031,057 shares during the last quarter. Todd Asset Management LLC lifted its stake in NatWest Group by 0.3% during the fourth quarter. Todd Asset Management LLC now owns 4,135,388 shares of the company’s stock worth $42,057,000 after purchasing an additional 10,755 shares during the last quarter. FMR LLC lifted its stake in NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock worth $18,611,000 after purchasing an additional 721,578 shares during the last quarter. ABC Arbitrage SA bought a new stake in NatWest Group during the fourth quarter worth about $9,578,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in NatWest Group by 1.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 895,152 shares of the company’s stock worth $8,379,000 after purchasing an additional 14,019 shares during the last quarter. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Peel Hunt lowered NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, March 6th. BNP Paribas lowered NatWest Group from an “outperform” rating to a “neutral” rating in a research note 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 given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

NatWest Group Trading Up 2.6 %

NYSE NWG opened at $11.78 on Thursday. NatWest Group plc has a 1-year low of $6.17 and a 1-year high of $12.65. 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 stock has a 50-day moving average of $10.94 and a 200-day moving average of $10.12. The firm has a market cap of $47.42 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22.

NatWest Group (NYSE:NWG) last released its earnings results 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 company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $3.75 billion. As a group, sell-side analysts forecast that NatWest Group plc will post 1.35 EPS 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. Shareholders of record on Friday, March 14th will be given a dividend of $0.3899 per share. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. The ex-dividend date is Friday, March 14th. This represents a yield of 3.8%. NatWest Group’s dividend payout ratio is presently 55.88%.

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.