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UBS Group AG (NYSE:UBS) is Levin Capital Strategies L.P.'s 9th Largest Position

UBS Group logo with Finance background

Levin Capital Strategies L.P. raised its position in UBS Group AG (NYSE:UBS - Free Report) by 1.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 920,748 shares of the bank's stock after acquiring an additional 15,415 shares during the period. UBS Group makes up about 2.7% of Levin Capital Strategies L.P.'s holdings, making the stock its 9th largest position. Levin Capital Strategies L.P.'s holdings in UBS Group were worth $27,917,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew 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 worth $3,277,000 after purchasing an additional 1,114 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of UBS Group by 16.6% during the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank's stock valued at $6,270,000 after acquiring an additional 29,367 shares during the period. M.E. Allison & CO. Inc. purchased a new stake in shares of UBS Group during the 4th quarter worth approximately $354,000. Park Avenue Securities LLC lifted its stake in UBS Group by 21.7% in the fourth quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank's stock valued at $1,128,000 after purchasing an additional 6,638 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of UBS Group by 17.7% during 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 Price Performance

NYSE:UBS traded up $0.31 during midday trading on Monday, hitting $34.60. The company had a trading volume of 1,677,321 shares, compared to its average volume of 2,086,547. The stock's fifty day moving average price is $33.13 and its 200-day moving average price is $31.89. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $110.94 billion, a PE ratio of 22.77 and a beta of 1.16.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. UBS Group's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.09) earnings per share. As a group, research analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend 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 currently 19.08%.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on UBS Group

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.

Further Reading

Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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