Forum Financial Management LP Boosts Holdings in UBS Group AG (NYSE:UBS)

Forum Financial Management LP boosted its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 20.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 68,105 shares of the bank's stock after purchasing an additional 11,749 shares during the period. Forum Financial Management LP's holdings in UBS Group were worth $2,065,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. GeoWealth Management LLC raised its position in UBS Group by 74.5% during the fourth quarter. GeoWealth Management LLC now owns 8,624 shares of the bank's stock valued at $261,000 after acquiring an additional 3,683 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of UBS Group by 4.9% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,016,056 shares of the bank's stock worth $61,647,000 after purchasing an additional 93,931 shares during the period. Marshall Wace LLP acquired a new position in shares of UBS Group in the 4th quarter valued at $54,397,000. NewEdge Advisors LLC boosted its holdings in UBS Group by 7.1% during the fourth quarter. NewEdge Advisors LLC now owns 40,505 shares of the bank's stock worth $1,228,000 after buying an additional 2,685 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new position in UBS Group in the fourth quarter valued at $722,000.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold".

UBS Group Price Performance

NYSE UBS traded down $0.31 during trading hours on Monday, hitting $27.63. 2,287,457 shares of the company's stock traded hands, compared to its average volume of 2,275,720. 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 firm's 50-day moving average is $31.42 and its 200-day moving average is $31.99. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84. The company has a market capitalization of $88.59 billion, a PE ratio of 18.18 and a beta of 1.16.

UBS Group (NYSE:UBS - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $10.90 billion. During the same period last year, the firm posted ($0.09) EPS. The business's quarterly revenue was up 1.9% on a year-over-year basis. Equities analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 16th were given a $0.90 dividend. This represents a yield of 2.1%. This is a positive change from UBS Group's previous annual dividend of $0.23. The ex-dividend date was Wednesday, April 16th. UBS Group's dividend payout ratio is presently 14.47%.

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.