Quantinno Capital Management LP Has $3.81 Million Stake in NatWest Group plc (NYSE:NWG)

Quantinno Capital Management LP grew its position in NatWest Group plc (NYSE:NWG) by 32.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 374,902 shares of the company’s stock after purchasing an additional 92,324 shares during the period. Quantinno Capital Management LP’s holdings in NatWest Group were worth $3,813,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in NatWest Group in the 4th quarter valued at approximately $27,000. First Horizon Advisors Inc. raised its holdings in shares of NatWest Group by 161.4% in the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company’s stock valued at $29,000 after purchasing an additional 1,787 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of NatWest Group in the fourth quarter worth $35,000. Whittier Trust Co. bought a new stake in shares of NatWest Group in the fourth quarter worth $42,000. Finally, Lazard Asset Management LLC acquired a new position in NatWest Group during the fourth quarter worth $44,000. 1.27% of the stock is owned by institutional investors and hedge funds.

NatWest Group Stock Performance

Shares of NWG opened at $13.60 on Monday. The company has a market cap of $54.75 billion, a PE ratio of 10.00, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. The firm has a 50-day moving average of $12.26 and a 200-day moving average of $11.17. NatWest Group plc has a one year low of $7.80 and a one year high of $13.66. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. The business had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. As a group, equities analysts forecast that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, April 28th. Stockholders of record on Friday, March 14th were paid a dividend of $0.3899 per share. This is an increase from NatWest Group’s previous semi-annual dividend of $0.36. This represents a dividend yield of 3.8%. The ex-dividend date was Friday, March 14th. NatWest Group’s payout ratio is currently 51.68%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NWG shares. Citigroup reiterated a “buy” rating on shares of NatWest Group in a research note on Monday, April 28th. Peel Hunt cut NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, March 6th. Finally, BNP Paribas downgraded NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

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.