Brown Brothers Harriman & Co. Raises Stake in UBS Group AG (NYSE:UBS)

Brown Brothers Harriman & Co. increased its holdings in UBS Group AG (NYSE:UBS - Free Report) by 6,521.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,230 shares of the bank's stock after buying an additional 15,000 shares during the period. Brown Brothers Harriman & Co.'s holdings in UBS Group were worth $462,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analysts Forecast Growth

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

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UBS Group Stock Performance

NYSE UBS traded down $1.57 during trading on Friday, reaching $26.66. The company's stock had a trading volume of 5,139,766 shares, compared to its average volume of 2,218,432. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group AG has a twelve month low of $26.01 and a twelve month high of $35.84. The business's fifty day moving average price is $33.28 and its 200-day moving average price is $32.25. The firm has a market cap of $85.47 billion, a price-to-earnings ratio of 17.50 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last released its 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 company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period in the previous year, the firm posted ($0.09) EPS. The company's revenue for the quarter was up 1.9% on a year-over-year basis. As a group, analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This represents a dividend yield of 2.1%. This is a positive change from UBS Group's previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. UBS Group's payout ratio is 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.