Callan Family Office LLC Invests $785,000 in UBS Group AG (NYSE:UBS)

Callan Family Office LLC acquired a new stake in UBS Group AG (NYSE:UBS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 25,883 shares of the bank's stock, valued at approximately $785,000.

Several other institutional investors have also added to or reduced their stakes in UBS. Fiera Capital Corp boosted its position in UBS Group by 81.4% during the 3rd quarter. Fiera Capital Corp now owns 111,500 shares of the bank's stock valued at $3,446,000 after buying an additional 50,041 shares during the period. Assetmark Inc. boosted its position in UBS Group by 4.0% during the 3rd quarter. Assetmark Inc. now owns 45,964 shares of the bank's stock valued at $1,421,000 after buying an additional 1,779 shares during the period. Baker Avenue Asset Management LP boosted its position in UBS Group by 0.6% during the 3rd quarter. Baker Avenue Asset Management LP now owns 512,165 shares of the bank's stock valued at $15,831,000 after buying an additional 3,278 shares during the period. Crossmark Global Holdings Inc. raised its holdings in UBS Group by 37.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 255,672 shares of the bank's stock worth $7,903,000 after purchasing an additional 69,592 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in shares of UBS Group by 88.7% during the 3rd quarter. Venturi Wealth Management LLC now owns 7,730 shares of the bank's stock valued at $239,000 after purchasing an additional 3,634 shares in the last quarter.

UBS Group Stock Up 3.2 %

NYSE UBS traded up $1.05 during trading hours on Friday, reaching $34.15. 6,734,179 shares of the company's stock traded hands, compared to its average volume of 2,125,834. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84. The firm has a market cap of $109.48 billion, a PE ratio of 22.46 and a beta of 1.15. The firm has a 50-day simple moving average of $33.45 and a 200 day simple moving average of $32.00. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.

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UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.06 billion for the quarter, compared to analysts' expectations of $10.90 billion. During the same period last year, the business earned ($0.09) earnings per share. The company's revenue was up 1.9% on a year-over-year basis. Sell-side analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost from UBS Group's previous annual dividend of $0.23. This represents a yield of 2.1%. UBS Group's payout ratio is 19.08%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on UBS shares. Morgan Stanley lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Finally, BNP Paribas raised shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold".

UBS Group 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.