UBS Group AG (NYSE:UBS) Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC grew its holdings in UBS Group AG (NYSE:UBS) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,451 shares of the bank’s stock after buying an additional 5,390 shares during the quarter. Metis Global Partners LLC’s holdings in UBS Group were worth $3,191,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of UBS. Private Advisor Group LLC lifted its holdings in shares of UBS Group by 2.4% in the 3rd quarter. Private Advisor Group LLC now owns 34,962 shares of the bank’s stock valued at $1,081,000 after buying an additional 817 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of UBS Group in the 3rd quarter valued at approximately $3,198,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of UBS Group by 203.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 104,905 shares of the bank’s stock valued at $3,243,000 after buying an additional 70,278 shares during the period. Pinnacle Associates Ltd. lifted its holdings in shares of UBS Group by 35.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 13,123 shares of the bank’s stock valued at $406,000 after buying an additional 3,400 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of UBS Group by 3.0% in the 3rd quarter. US Bancorp DE now owns 94,164 shares of the bank’s stock valued at $2,911,000 after buying an additional 2,776 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on UBS shares. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Morgan Stanley cut UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

UBS Group Stock Performance

UBS Group stock opened at $34.28 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The stock has a fifty day moving average of $33.13 and a two-hundred day moving average of $31.88. The company has a market capitalization of $109.91 billion, a price-to-earnings ratio of 22.55 and a beta of 1.16. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $35.84.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.08). The company 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 business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS. On average, analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The firm 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 $0.90 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is an increase from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is currently 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.