Sterling Capital Management LLC Has $184,000 Stock Holdings in NatWest Group plc (NYSE:NWG)

Sterling Capital Management LLC lessened its holdings in shares of NatWest Group plc (NYSE:NWG) by 36.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,139 shares of the company’s stock after selling 10,249 shares during the period. Sterling Capital Management LLC’s holdings in NatWest Group were worth $184,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Natixis Advisors LLC raised its position in shares of NatWest Group by 3.8% during the fourth quarter. Natixis Advisors LLC now owns 11,118,183 shares of the company’s stock worth $113,072,000 after acquiring an additional 408,239 shares during the last quarter. Todd Asset Management LLC lifted its position in shares of NatWest Group by 0.3% in the 4th 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 period. Raymond James Financial Inc. acquired a new stake in shares of NatWest Group during the fourth quarter worth $27,339,000. Wells Fargo & Company MN raised its stake in NatWest Group by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,901,822 shares of the company’s stock worth $19,342,000 after buying an additional 28,281 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in NatWest Group by 4.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,560,029 shares of the company’s stock valued at $15,865,000 after acquiring an additional 70,150 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Stock Performance

Shares of NWG stock opened at $12.15 on Tuesday. NatWest Group plc has a 12 month low of $6.99 and a 12 month high of $12.65. The firm has a market capitalization of $48.93 billion, a PE ratio of 8.93, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. The firm has a fifty day simple moving average of $11.75 and a two-hundred day simple moving average of $10.69. 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 issued its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.11. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. Analysts forecast that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. BNP Paribas lowered NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. Peel Hunt downgraded shares of NatWest Group from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, March 6th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About NatWest Group

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.