Callan Family Office LLC Purchases New Shares in NatWest Group plc (NYSE:NWG)

Callan Family Office LLC acquired a new stake in shares of NatWest Group plc (NYSE:NWG) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 35,657 shares of the company’s stock, valued at approximately $363,000.

A number of other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. lifted its position in shares of NatWest Group by 81.7% during the third quarter. Assetmark Inc. now owns 112,112 shares of the company’s stock valued at $1,049,000 after purchasing an additional 50,419 shares in the last quarter. Venturi Wealth Management LLC increased its stake in NatWest Group by 8.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 83,942 shares of the company’s stock valued at $786,000 after buying an additional 6,229 shares during the last quarter. MQS Management LLC bought a new position in shares of NatWest Group during the 3rd quarter worth approximately $121,000. D Orazio & Associates Inc. boosted its stake in shares of NatWest Group by 33.0% in the 3rd quarter. D Orazio & Associates Inc. now owns 40,316 shares of the company’s stock worth $377,000 after buying an additional 10,004 shares during the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of NatWest Group by 10.7% in the third quarter. Natixis Advisors LLC now owns 10,709,944 shares of the company’s stock valued at $100,245,000 after acquiring an additional 1,031,057 shares in the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.

NatWest Group Stock Down 5.7 %

NWG opened at $11.47 on Tuesday. NatWest Group plc has a twelve month low of $6.17 and a twelve month high of $12.65. The company’s 50-day moving average price is $10.88 and its two-hundred day moving average price is $10.09. The stock has a market cap of $46.17 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 0.85 and a beta of 1.22. 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 announced its quarterly earnings data on Friday, February 14th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.11. The firm had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. As a group, equities analysts expect that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

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

Analyst Ratings Changes

Separately, BNP Paribas cut NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, NatWest Group 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.