Alison Rose Sells 52,863 Shares of NatWest Group plc (LON:NWG) Stock

NatWest Group plc (LON:NWG – Get Rating) insider Alison Rose sold 52,863 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of GBX 260 ($3.28), for a total value of £137,443.80 ($173,430.66).

NatWest Group Price Performance

Shares of NWG opened at GBX 261.30 ($3.30) on Friday. The firm has a market cap of £24.82 billion, a PE ratio of 622.14, a PEG ratio of 0.55 and a beta of 1.30. The stock’s fifty day moving average price is GBX 268.13 and its two-hundred day moving average price is GBX 271.20. NatWest Group plc has a 1 year low of GBX 207.20 ($2.61) and a 1 year high of GBX 313.10 ($3.95).

NatWest Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 2nd. Shareholders of record on Thursday, March 16th were paid a GBX 10 ($0.13) dividend. The ex-dividend date was Thursday, March 16th. This is a positive change from NatWest Group’s previous dividend of $3.50. This represents a dividend yield of 3.27%. NatWest Group’s payout ratio is presently 3,333.33%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on NWG shares. Shore Capital reaffirmed a “buy” rating on shares of NatWest Group in a research report on Friday, April 28th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 360 ($4.54) target price on shares of NatWest Group in a research report on Friday, April 28th. Bank of America reaffirmed a “buy” rating on shares of NatWest Group in a research report on Monday, January 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NatWest Group in a research report on Thursday, February 2nd. Finally, Barclays cut their price objective on NatWest Group from GBX 400 ($5.05) to GBX 380 ($4.79) in a research report on Tuesday, May 2nd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 340 ($4.29).

About NatWest Group

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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, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.