Charles Schwab Investment Management Inc. Purchases 39,006 Shares of NatWest Group plc (NYSE:NWG)

Charles Schwab Investment Management Inc. boosted its holdings in NatWest Group plc (NYSE:NWG) by 15.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 284,637 shares of the company’s stock after buying an additional 39,006 shares during the period. Charles Schwab Investment Management Inc.’s holdings in NatWest Group were worth $2,895,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Todd Asset Management LLC grew its position in shares of 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 in the last quarter. FMR LLC raised its position in shares of NatWest Group by 57.0% during the third quarter. FMR LLC now owns 1,988,329 shares of the company’s stock valued at $18,611,000 after buying an additional 721,578 shares during the last quarter. ABC Arbitrage SA purchased a new position in shares of NatWest Group in the fourth quarter worth $9,578,000. QRG Capital Management Inc. boosted its position in shares of NatWest Group by 41.9% during the fourth quarter. QRG Capital Management Inc. now owns 467,834 shares of the company’s stock worth $4,758,000 after acquiring an additional 138,252 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in NatWest Group by 12.7% during the third quarter. Stifel Financial Corp now owns 396,490 shares of the company’s stock valued at $3,711,000 after acquiring an additional 44,560 shares in the last quarter. 1.27% of the stock is owned by institutional investors.

NatWest Group Price Performance

NatWest Group stock opened at $12.15 on Friday. NatWest Group plc has a 52-week low of $6.70 and a 52-week high of $12.65. The company has a market cap of $48.91 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 0.85 and a beta of 1.22. The firm’s fifty day moving average is $11.42 and its 200 day moving average is $10.34. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.16.

NatWest Group (NYSE:NWG) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The company had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Sell-side analysts forecast 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. Investors of record on Friday, March 14th will be given a $0.3899 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from NatWest Group’s previous semi-annual dividend of $0.36. This represents a yield of 3.8%. NatWest Group’s dividend payout ratio (DPR) is currently 55.88%.

Wall Street Analyst Weigh In

Several analysts have commented on NWG shares. BNP Paribas cut shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 4th. Peel Hunt downgraded NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, 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.