Invesco Ltd. lifted its holdings in UBS Group AG (NYSE:UBS - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,404,933 shares of the bank's stock after purchasing an additional 400,694 shares during the quarter. Invesco Ltd. owned 0.08% of UBS Group worth $72,918,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Bank of Montreal Can raised its stake in shares of UBS Group by 191.7% in the 4th quarter. Bank of Montreal Can now owns 5,296,147 shares of the bank's stock worth $161,798,000 after buying an additional 3,480,421 shares in the last quarter. FMR LLC raised its position in UBS Group by 29.4% in the fourth quarter. FMR LLC now owns 55,533,620 shares of the bank's stock worth $1,695,087,000 after acquiring an additional 12,609,616 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings in UBS Group by 3.2% in the 4th quarter. Quadrant Capital Group LLC now owns 38,785 shares of the bank's stock valued at $1,176,000 after acquiring an additional 1,203 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of UBS Group by 2.6% during the 4th quarter. Russell Investments Group Ltd. now owns 5,627,663 shares of the bank's stock valued at $172,174,000 after purchasing an additional 140,218 shares in the last quarter. Finally, Pitcairn Co. grew its stake in shares of UBS Group by 12.3% in the 4th quarter. Pitcairn Co. now owns 59,831 shares of the bank's stock worth $1,814,000 after purchasing an additional 6,544 shares during the last quarter.
UBS Group Stock Up 0.5 %
Shares of UBS traded up $0.15 during trading hours on Friday, hitting $27.96. 3,102,303 shares of the company were exchanged, compared to its average volume of 2,274,366. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The firm's 50 day moving average is $31.53 and its 200-day moving average is $32.00. The company has a market cap of $89.65 billion, a PE ratio of 18.40 and a beta of 1.16.
UBS Group (NYSE:UBS - Get Free Report) last announced 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%. The business's revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.09) EPS. On average, equities research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.
UBS Group Increases Dividend
The business also recently announced an annual dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 16th were given a dividend of $0.90 per share. The ex-dividend date of this dividend was 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 payout ratio is 14.47%.
Wall Street Analyst Weigh In
UBS has been the subject of a number of research reports. 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 raised UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. StockNews.com lowered UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Finally, Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold".
Read Our Latest Analysis on UBS
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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