Global Retirement Partners LLC Has $130,000 Stake in NatWest Group plc (NYSE:NWG)

Global Retirement Partners LLC trimmed its position in shares of NatWest Group plc (NYSE:NWG) by 33.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,821 shares of the company’s stock after selling 6,391 shares during the quarter. Global Retirement Partners LLC’s holdings in NatWest Group were worth $130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Private Trust Co. NA raised its stake in shares of NatWest Group by 121.3% in the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock valued at $26,000 after acquiring an additional 1,499 shares in the last quarter. Hilltop National Bank bought a new position in shares of NatWest Group in the 4th quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB bought a new position in shares of NatWest Group in the 3rd quarter valued at approximately $33,000. Geneos Wealth Management Inc. bought a new position in shares of NatWest Group in the 4th quarter valued at approximately $35,000. Finally, Marks Group Wealth Management Inc bought a new position in shares of NatWest Group in the 3rd quarter valued at approximately $96,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Stock Performance

Shares of NYSE NWG opened at $12.05 on Thursday. The business has a fifty day simple moving average of $10.57 and a 200 day simple moving average of $9.91. NatWest Group plc has a one year low of $6.02 and a one year high of $12.08. The firm has a market capitalization of $48.51 billion, a price-to-earnings ratio of 8.86, a PEG ratio of 0.85 and a beta of 1.30. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16.

NatWest Group (NYSE:NWG) last announced its quarterly 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. Sell-side analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.3899 per share. This represents a dividend yield of 3.8%. The ex-dividend date is Friday, March 14th. This is a positive change from NatWest Group’s previous semi-annual dividend of $0.36. NatWest Group’s dividend payout ratio is 55.88%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 4th. Three research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average 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.