Sequoia Financial Advisors LLC Boosts Stake in NatWest Group plc (NYSE:NWG)

Sequoia Financial Advisors LLC boosted its holdings in shares of NatWest Group plc (NYSE:NWG) by 320.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,003 shares of the company’s stock after acquiring an additional 91,434 shares during the period. Sequoia Financial Advisors LLC’s holdings in NatWest Group were worth $676,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Natixis Advisors L.P. grew its position in shares of NatWest Group by 21.7% in the third quarter. Natixis Advisors L.P. now owns 6,477,194 shares of the company’s stock valued at $37,762,000 after purchasing an additional 1,156,216 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in NatWest Group during the first quarter worth $7,150,000. Causeway Capital Management LLC purchased a new stake in NatWest Group in the 3rd quarter valued at $6,128,000. Goldman Sachs Group Inc. increased its stake in shares of NatWest Group by 19.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 5,175,543 shares of the company’s stock worth $28,206,000 after acquiring an additional 831,101 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of NatWest Group by 60.1% during the 3rd quarter. Northern Trust Corp now owns 2,096,270 shares of the company’s stock worth $12,221,000 after acquiring an additional 786,680 shares during the period. Institutional investors and hedge funds own 1.27% of the company’s stock.

NatWest Group Price Performance

NYSE:NWG opened at $6.91 on Tuesday. The company’s 50-day moving average is $6.35 and its two-hundred day moving average is $5.73. NatWest Group plc has a 1-year low of $4.30 and a 1-year high of $7.26. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

NatWest Group (NYSE:NWG) last released its quarterly earnings data on Friday, February 16th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.14. The business had revenue of $4.39 billion during the quarter. As a group, equities analysts anticipate that NatWest Group plc will post 0.94 earnings per share for the current fiscal year.

NatWest Group Increases Dividend

The firm also recently declared a — dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.2896 per share. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from NatWest Group’s previous — dividend of $0.14. This represents a dividend yield of 6.4%.

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.