Signaturefd LLC Sells 3,618 Shares of NatWest Group plc (NYSE:NWG)

Signaturefd LLC lessened its stake in shares of NatWest Group plc (NYSE:NWG) by 8.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 41,885 shares of the company’s stock after selling 3,618 shares during the period. Signaturefd LLC’s holdings in NatWest Group were worth $236,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NWG. Natixis Advisors L.P. raised its holdings in NatWest Group by 21.7% during the third quarter. Natixis Advisors L.P. now owns 6,477,194 shares of the company’s stock worth $37,762,000 after acquiring an additional 1,156,216 shares in the last quarter. Causeway Capital Management LLC bought a new stake in NatWest Group during the third quarter worth about $6,128,000. Envestnet Asset Management Inc. raised its holdings in NatWest Group by 66.9% during the third quarter. Envestnet Asset Management Inc. now owns 706,519 shares of the company’s stock worth $4,119,000 after acquiring an additional 283,301 shares in the last quarter. Brandes Investment Partners LP raised its holdings in NatWest Group by 24.6% during the third quarter. Brandes Investment Partners LP now owns 904,737 shares of the company’s stock worth $5,275,000 after acquiring an additional 178,858 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC bought a new stake in NatWest Group during the fourth quarter worth about $537,000. Institutional investors own 1.27% of the company’s stock.

NatWest Group Price Performance

Shares of NYSE NWG opened at $7.84 on Friday. The business’s 50 day moving average price is $6.65 and its two-hundred day moving average price is $5.83. The company has a market cap of $34.26 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 4.79 and a beta of 1.42. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.15. NatWest Group plc has a twelve month low of $4.30 and a twelve month high of $7.87.

NatWest Group (NYSE:NWG) last announced its quarterly earnings results on Friday, April 26th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $3.48 billion for the quarter. On average, analysts predict that NatWest Group plc will post 0.93 EPS for the current year.

NatWest Group Increases Dividend

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

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.