UBS Group AG (NYSE:UBS – Get Free Report) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,110,000 shares, a growth of 38.6% from the January 31st total of 5,850,000 shares. Based on an average daily volume of 2,000,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 0.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Berbice Capital Management LLC acquired a new position in UBS Group during the 4th quarter worth $27,000. Rakuten Securities Inc. acquired a new position in shares of UBS Group during the 4th quarter worth about $30,000. Headlands Technologies LLC acquired a new position in shares of UBS Group during the 4th quarter worth about $33,000. Versant Capital Management Inc acquired a new position in shares of UBS Group during the 4th quarter worth about $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of UBS Group during the 4th quarter worth about $41,000.
Analyst Upgrades and Downgrades
A number of research firms have commented on UBS. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. Morgan Stanley cut UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.
UBS Group Trading Up 0.3 %
Shares of NYSE UBS traded up $0.09 during trading on Monday, reaching $34.38. The stock had a trading volume of 3,192,580 shares, compared to its average volume of 2,092,387. UBS Group has a fifty-two week low of $26.01 and a fifty-two week high of $35.84. 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 business’s 50-day moving average price is $33.21 and its 200-day moving average price is $31.92. The company has a market cap of $110.24 billion, a P/E ratio of 22.62 and a beta of 1.16.
UBS Group (NYSE:UBS – Get Free Report) last released its earnings results on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same period in the previous year, the firm earned ($0.09) earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities research analysts predict that UBS Group will post 1.9 EPS for the current fiscal year.
UBS Group Increases Dividend
The business also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. UBS Group’s payout ratio is presently 19.08%.
UBS Group Company Profile
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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