Carlson Capital L.P. purchased a new position in shares of UBS Group AG (NYSE:UBS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,700 shares of the bank's stock, valued at approximately $476,000. UBS Group accounts for approximately 0.3% of Carlson Capital L.P.'s investment portfolio, making the stock its 24th largest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its position in 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 buying an additional 1,114 shares during the last quarter. Ritholtz Wealth Management boosted its position in UBS Group by 16.6% in the 4th 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 last quarter. M.E. Allison & CO. Inc. purchased a new position in UBS Group in the 4th quarter valued at about $354,000. Park Avenue Securities LLC boosted its position in UBS Group by 21.7% in the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank's stock valued at $1,128,000 after buying an additional 6,638 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in UBS Group by 17.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank's stock valued at $6,801,000 after buying an additional 33,089 shares during the last quarter.
UBS Group Stock Performance
UBS traded up $0.43 on Friday, hitting $34.28. 15,640,810 shares of the company's stock were exchanged, compared to its average volume of 3,237,885. UBS Group AG has a twelve month low of $26.00 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 firm has a market cap of $109.91 billion, a PE ratio of 22.55 and a beta of 1.16. The stock has a fifty day moving average of $33.13 and a two-hundred day moving average of $31.88.
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). The firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. UBS Group's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.09) EPS. On average, research analysts anticipate 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 issued a $0.90 dividend. The ex-dividend date is Wednesday, April 16th. This is a boost from UBS Group's previous annual dividend of $0.23. This represents a dividend yield of 2.1%. UBS Group's dividend payout ratio (DPR) is 19.08%.
Analyst Upgrades and Downgrades
UBS has been the subject of a number of analyst reports. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. 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 lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Finally, StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. 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 stock has a consensus rating of "Hold".
View Our Latest Report on UBS Group
UBS Group Company Profile
(
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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