UBS Group AG (NYSE:UBS) Holdings Lifted by Fisher Asset Management LLC

Fisher Asset Management LLC grew its holdings in UBS Group AG (NYSE:UBS - Free Report) by 422.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,036,921 shares of the bank's stock after acquiring an additional 3,264,214 shares during the period. Fisher Asset Management LLC owned about 0.13% of UBS Group worth $122,399,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Timber Creek Capital Management LLC grew its position in shares of UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock valued at $3,566,000 after purchasing an additional 311 shares during the period. Allworth Financial LP raised its holdings in shares of UBS Group by 6.4% during the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock worth $168,000 after acquiring an additional 334 shares during the period. Commerce Bank increased its position in UBS Group by 3.9% during the third quarter. Commerce Bank now owns 9,278 shares of the bank's stock worth $287,000 after purchasing an additional 346 shares during the last quarter. TD Private Client Wealth LLC lifted its holdings in UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank's stock valued at $396,000 after acquiring an additional 394 shares during the last quarter. Finally, Continuum Advisory LLC increased its position in shares of UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock worth $49,000 after purchasing an additional 450 shares during the last quarter.

UBS Group Price Performance

Shares of NYSE UBS traded up $0.34 on Monday, hitting $34.63. The company's stock had a trading volume of 1,602,875 shares, compared to its average volume of 2,086,289. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84. The company has a market capitalization of $111.02 billion, a price-to-earnings ratio of 22.76 and a beta of 1.16. The stock has a 50 day moving average of $33.13 and a 200-day moving average of $31.89.

UBS Group (NYSE:UBS - Get Free Report) last posted 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). 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 for the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the company earned ($0.09) EPS. The company's revenue was up 1.9% compared to the same quarter last year. As a group, research analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a $0.90 dividend. 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 dividend payout ratio is presently 19.08%.

Analyst Ratings Changes

UBS has been the subject of several research analyst reports. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Finally, BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

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.