Callan Capital LLC Buys 3,188 Shares of NatWest Group plc (NYSE:NWG)

Callan Capital LLC grew its position in shares of NatWest Group plc (NYSE:NWG) by 19.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,633 shares of the company’s stock after acquiring an additional 3,188 shares during the period. Callan Capital LLC’s holdings in NatWest Group were worth $200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Private Trust Co. NA raised its holdings in shares of NatWest Group by 121.3% during the third 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 NatWest Group in the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB bought a new position in NatWest Group in the 3rd quarter worth $33,000. Geneos Wealth Management Inc. bought a new position in NatWest Group in the fourth quarter worth about $35,000. Finally, Marks Group Wealth Management Inc bought a new position in NatWest Group in the third quarter worth about $96,000. Institutional investors own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, NatWest Group currently has an average rating of “Buy”.

NatWest Group Stock Up 1.8 %

NWG stock opened at $11.43 on Monday. The business has a 50 day moving average of $10.48 and a 200 day moving average of $9.85. The firm has a market cap of $46.01 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.85 and a beta of 1.30. NatWest Group plc has a twelve month low of $5.89 and a twelve month high of $11.62. 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 results 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 company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $3.75 billion. On average, research analysts forecast that NatWest Group plc will post 1.35 EPS for the current fiscal year.

NatWest Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.3899 per share. This is a positive change 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 dividend payout ratio (DPR) is currently 22.79%.

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.