Allianz SE Buys Shares of 11,932 UBS Group AG (NYSE:UBS)

Allianz SE bought a new position in shares of UBS Group AG (NYSE:UBS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,932 shares of the bank's stock, valued at approximately $365,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of UBS Group by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank's stock valued at $3,277,000 after purchasing an additional 1,114 shares during the period. Ritholtz Wealth Management raised its stake in UBS Group by 16.6% in the fourth quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank's stock valued at $6,270,000 after buying an additional 29,367 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of UBS Group in the fourth quarter valued at approximately $218,000. M.E. Allison & CO. Inc. acquired a new stake in shares of UBS Group in the fourth quarter valued at approximately $354,000. Finally, Park Avenue Securities LLC boosted its stake in shares of UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank's stock worth $1,128,000 after acquiring an additional 6,638 shares during the period.

Analyst Ratings Changes

A number of equities analysts have commented on UBS shares. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Morgan Stanley lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft raised UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Finally, Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, UBS Group presently has a consensus rating of "Hold".

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UBS Group Stock Performance

Shares of UBS traded down $1.97 during mid-day trading on Thursday, hitting $28.48. 2,263,645 shares of the company's stock were exchanged, compared to its average volume of 3,583,405. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The firm has a market cap of $91.32 billion, a price-to-earnings ratio of 18.74 and a beta of 1.15. The stock's 50-day simple moving average is $33.41 and its 200-day simple moving average is $32.28. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.84.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. UBS Group's revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) earnings per share. On average, equities research analysts expect that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders 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 an increase from UBS Group's previous annual dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 16th. UBS Group's dividend payout ratio is presently 14.47%.

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.