Capital World Investors lessened its position in UBS Group AG (NYSE:UBS - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,428,808 shares of the bank's stock after selling 1,949,421 shares during the quarter. Capital World Investors owned 1.17% of UBS Group worth $1,141,411,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new position in shares of UBS Group during the 4th quarter valued at about $27,000. Rakuten Securities Inc. purchased a new position in shares of UBS Group during the fourth quarter worth approximately $30,000. Headlands Technologies LLC purchased a new stake in shares of UBS Group in the 4th quarter valued at $33,000. Versant Capital Management Inc purchased a new position in UBS Group in the 4th quarter worth $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group in the fourth quarter worth $41,000.
Analyst Upgrades and Downgrades
Several research firms have recently commented on UBS. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Morgan Stanley lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Finally, Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold".
Read Our Latest Report on UBS Group
UBS Group Stock Performance
Shares of UBS stock opened at $27.96 on Friday. The firm has a market capitalization of $89.65 billion, a price-to-earnings ratio of 18.40 and a beta of 1.16. The stock has a fifty day moving average of $31.53 and a 200 day moving average of $32.01. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76.
UBS Group (NYSE:UBS - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $10.90 billion. During the same period in the prior year, the business posted ($0.09) earnings per share. The company's revenue for the quarter was up 1.9% on a year-over-year basis. As a group, research analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.
UBS Group Increases Dividend
The company also recently announced an annual dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th were issued a dividend of $0.90 per share. This is an increase from UBS Group's previous annual dividend of $0.23. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a dividend yield of 2.1%. UBS Group's dividend payout ratio is 14.47%.
About UBS Group
(
Free Report)
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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