Dimensional Fund Advisors LP Has $56.62 Million Stock Holdings in NatWest Group plc (NYSE:NWG)

Dimensional Fund Advisors LP boosted its holdings in shares of NatWest Group plc (NYSE:NWG) by 3.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 7,048,194 shares of the company’s stock after acquiring an additional 205,439 shares during the period. Dimensional Fund Advisors LP’s holdings in NatWest Group were worth $56,615,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of NWG. Natixis Advisors LLC raised its holdings in NatWest Group by 28.4% during the second quarter. Natixis Advisors LLC now owns 9,678,887 shares of the company’s stock worth $77,721,000 after buying an additional 2,139,290 shares during the last quarter. Raymond James & Associates grew its stake in shares of NatWest Group by 46.8% in the 2nd quarter. Raymond James & Associates now owns 2,402,184 shares of the company’s stock worth $19,290,000 after acquiring an additional 765,671 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of NatWest Group by 55.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,759,325 shares of the company’s stock worth $14,127,000 after acquiring an additional 627,097 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of NatWest Group by 18.3% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 2,398,671 shares of the company’s stock worth $16,311,000 after acquiring an additional 370,200 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of NatWest Group by 49.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 993,364 shares of the company’s stock worth $6,755,000 after acquiring an additional 328,518 shares in the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on NWG shares. Kepler Capital Markets started coverage on shares of NatWest Group in a research note on Thursday, September 5th. They issued a “buy” rating for the company. UBS Group upgraded shares of NatWest Group to a “strong-buy” rating in a research note on Tuesday, July 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

NatWest Group Price Performance

NWG opened at $9.34 on Friday. The firm has a market cap of $38.78 billion, a P/E ratio of 7.64, a PEG ratio of 2.07 and a beta of 1.33. The firm has a 50-day moving average of $9.01 and a 200 day moving average of $8.17. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.08 and a current ratio of 1.07. NatWest Group plc has a fifty-two week low of $4.30 and a fifty-two week high of $9.68.

NatWest Group (NYSE:NWG) last posted its quarterly earnings results on Friday, July 26th. The company reported $0.35 earnings per share for the quarter. The company had revenue of $4.62 billion for the quarter. On average, research analysts expect that NatWest Group plc will post 1.05 EPS for the current year.

NatWest Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 9th were issued a dividend of $0.1543 per share. The ex-dividend date of this dividend was Friday, August 9th. This is an increase from NatWest Group’s previous semi-annual dividend of $0.14. This represents a yield of 4.3%.

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.