Gryphon Financial Partners LLC bought a new stake in shares of UBS Group AG (NYSE:UBS – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,882 shares of the bank’s stock, valued at approximately $209,000.
Other institutional investors have also bought and sold shares of the company. Berbice Capital Management LLC bought a new position in shares of UBS Group during the fourth quarter valued at about $27,000. Versant Capital Management Inc bought a new stake in shares of UBS Group during the 4th quarter worth $40,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of UBS Group in the 4th quarter worth about $41,000. Continuum Advisory LLC grew its position in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in UBS Group during the fourth quarter worth about $123,000.
Analyst Ratings Changes
A number of research firms have weighed in on UBS. Morgan Stanley cut shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
UBS Group Stock Up 0.3 %
UBS opened at $34.38 on Tuesday. The firm has a market capitalization of $110.24 billion, a P/E ratio of 22.62 and a beta of 1.16. UBS Group AG has a one year low of $26.01 and a one year high of $35.84. The company has a fifty day moving average price of $33.21 and a 200-day moving average price of $31.92. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.
UBS Group (NYSE:UBS – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08). The business had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.09) EPS. Equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current fiscal year.
UBS Group Increases Dividend
The business also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio (DPR) is 19.08%.
About UBS Group
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.
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