DJE Kapital AG Purchases Shares of 235,186 UBS Group AG (NYSE:UBS)

DJE Kapital AG acquired a new stake in UBS Group AG (NYSE:UBS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 235,186 shares of the bank's stock, valued at approximately $7,095,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new position in shares of UBS Group in the 4th quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in UBS Group in the 4th quarter worth approximately $40,000. Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group in the 4th quarter worth approximately $41,000. Continuum Advisory LLC increased its holdings in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock worth $49,000 after buying an additional 450 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in UBS Group in the 4th quarter worth approximately $123,000.

UBS Group Trading Up 1.3 %

Shares of NYSE:UBS opened at $34.28 on Monday. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $35.84. The firm has a market capitalization of $109.91 billion, a price-to-earnings ratio of 22.55 and a beta of 1.16. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The business's 50 day moving average price is $33.13 and its 200-day moving average price is $31.89.

UBS Group (NYSE:UBS - Get Free Report) last announced 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 business had revenue of $11.06 billion for the quarter, compared to analysts' expectations of $10.90 billion. During the same quarter last year, the business earned ($0.09) EPS. The company's quarterly revenue was up 1.9% on a year-over-year basis. On average, equities research analysts forecast that UBS Group AG will post 1.9 earnings per share for the current fiscal 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 issued a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 2.1%. This is a positive change from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio (DPR) is presently 19.08%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on UBS shares. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a report on Monday, February 10th. BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a report on Friday, January 10th. Morgan Stanley cut shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Finally, StockNews.com cut 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's stock. According to data from MarketBeat, UBS Group has a consensus 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.

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