OLD National Bancorp IN Has $129,000 Stake in NatWest Group plc (NYSE:NWG)

OLD National Bancorp IN grew its holdings in shares of NatWest Group plc (NYSE:NWG) by 17.4% in the 4th quarter, Holdings Channel reports. The fund owned 22,952 shares of the company’s stock after buying an additional 3,405 shares during the period. OLD National Bancorp IN’s holdings in NatWest Group were worth $129,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in NatWest Group during the third quarter worth about $25,000. Paradigm Asset Management Co. LLC acquired a new position in NatWest Group during the third quarter worth about $26,000. Barclays PLC acquired a new position in NatWest Group during the second quarter worth about $35,000. Park Avenue Securities LLC acquired a new position in NatWest Group during the third quarter worth about $59,000. Finally, AXQ Capital LP acquired a new position in NatWest Group during the third quarter worth about $59,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Stock Performance

NatWest Group stock opened at $7.85 on Friday. The business has a 50 day moving average of $6.65 and a 200-day moving average of $5.83. NatWest Group plc has a 1 year low of $4.30 and a 1 year high of $7.87. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $34.28 billion, a P/E ratio of 7.33, a P/E/G ratio of 4.51 and a beta of 1.42.

NatWest Group (NYSE:NWG) last released its quarterly earnings data on Friday, February 16th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.14. The firm had revenue of $4.39 billion during the quarter. On average, equities research analysts predict that NatWest Group plc will post 0.93 earnings per share for the current year.

NatWest Group Increases Dividend

The company also recently announced a — dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, March 15th will be given a dividend of $0.2896 per share. This represents a yield of 6.4%. The ex-dividend date is Thursday, March 14th. This is an increase from NatWest Group’s previous — dividend of $0.14.

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.