Caisse Des Depots ET Consignations Makes New $233.59 Million Investment in UBS Group AG (NYSE:UBS)

Caisse Des Depots ET Consignations purchased a new stake in shares of UBS Group AG (NYSE:UBS - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 8,423,761 shares of the bank's stock, valued at approximately $233,591,000. UBS Group comprises 11.4% of Caisse Des Depots ET Consignations' portfolio, making the stock its 2nd largest position. Caisse Des Depots ET Consignations owned approximately 0.26% of UBS Group as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mountain Hill Investment Partners Corp. acquired a new stake in UBS Group in the 4th quarter valued at approximately $334,000. Vanguard Group Inc. grew its stake in shares of UBS Group by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank's stock valued at $3,915,512,000 after buying an additional 1,296,428 shares in the last quarter. LPL Financial LLC raised its holdings in shares of UBS Group by 20.4% in the 4th quarter. LPL Financial LLC now owns 195,629 shares of the bank's stock valued at $5,931,000 after buying an additional 33,126 shares during the period. Fox Run Management L.L.C. acquired a new position in UBS Group during the 4th quarter worth about $873,000. Finally, Sei Investments Co. boosted its holdings in UBS Group by 2.7% during the 4th quarter. Sei Investments Co. now owns 197,201 shares of the bank's stock valued at $5,979,000 after acquiring an additional 5,217 shares during the period.

UBS Group Stock Down 1.1 %

Shares of UBS stock traded down $0.35 on Friday, reaching $31.56. 3,489,622 shares of the stock were exchanged, compared to its average volume of 2,187,196. UBS Group AG has a twelve month low of $26.01 and a twelve month high of $35.84. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $101.19 billion, a price-to-earnings ratio of 20.76 and a beta of 1.15. The business's 50 day moving average price is $33.66 and its 200 day moving average price is $32.26.

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

UBS Group Increases Dividend

The business 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 dividend of $0.90 per share. This represents a dividend yield of 2.1%. The ex-dividend date is Wednesday, April 16th. This is an increase from UBS Group's previous annual dividend of $0.23. UBS Group's payout ratio is currently 14.47%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UBS. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday. Morgan Stanley cut shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Kepler Capital Markets raised UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Monday, February 10th. Finally, StockNews.com downgraded UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. 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, UBS Group currently has an average 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.