Sei Investments Co. Sells 27,164 Shares of NatWest Group plc (NYSE:NWG)

Sei Investments Co. decreased its holdings in NatWest Group plc (NYSE:NWG) by 8.7% during the 4th quarter, HoldingsChannel reports. The firm owned 285,639 shares of the company’s stock after selling 27,164 shares during the quarter. Sei Investments Co.’s holdings in NatWest Group were worth $2,905,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Whipplewood Advisors LLC acquired a new stake in NatWest Group in the fourth quarter valued at approximately $27,000. Hilltop National Bank bought a new stake in NatWest Group during the 4th quarter worth $29,000. First Horizon Advisors Inc. increased its holdings in NatWest Group by 161.4% in the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company’s stock worth $29,000 after purchasing an additional 1,787 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of NatWest Group during the third quarter valued at about $33,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of NatWest Group during the fourth quarter worth about $35,000. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Stock Performance

Shares of NWG stock opened at $10.72 on Friday. The stock has a market capitalization of $43.15 billion, a PE ratio of 7.88, a PEG ratio of 0.85 and a beta of 0.93. The business’s 50 day simple moving average is $11.58 and its 200 day simple moving average is $10.46. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. NatWest Group plc has a one year low of $6.75 and a one year high of $12.65.

NatWest Group (NYSE:NWG) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $3.75 billion. As a group, research analysts forecast that NatWest Group plc will post 1.35 earnings per share for the current year.

NatWest Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on NWG shares. 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. BNP Paribas downgraded shares of NatWest Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 4th. One 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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.