Mesirow Financial Investment Management Inc. Acquires 10,040 Shares of UBS Group AG (NYSE:UBS)

Mesirow Financial Investment Management Inc. raised its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 98.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,278 shares of the bank's stock after acquiring an additional 10,040 shares during the quarter. Mesirow Financial Investment Management Inc.'s holdings in UBS Group were worth $615,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Berbice Capital Management LLC bought a new stake in shares of UBS Group in the 4th quarter valued at about $27,000. Versant Capital Management Inc bought a new stake in UBS Group in the fourth quarter valued at approximately $40,000. Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group in the fourth quarter valued at approximately $41,000. Continuum Advisory LLC raised its stake in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock valued at $49,000 after buying an additional 450 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in UBS Group by 42.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank's stock valued at $91,000 after buying an additional 887 shares during the period.

Wall Street Analyst Weigh In

Several research firms have issued reports on UBS. StockNews.com lowered UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Kepler Capital Markets upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Finally, BNP Paribas raised UBS Group from a "neutral" rating to an "outperform" rating in a research 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

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UBS Group Stock Performance

Shares of UBS Group stock traded up $1.05 on Friday, hitting $34.15. The stock had a trading volume of 6,734,179 shares, compared to its average volume of 2,125,834. UBS Group AG has a twelve month low of $26.01 and a twelve month high of $35.84. The business's 50 day moving average is $33.45 and its two-hundred day moving average is $32.00. 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 stock has a market cap of $109.48 billion, a price-to-earnings ratio of 22.46 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly 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). The company had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.09) EPS. Analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 2.1%. This is an increase from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio is currently 19.08%.

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.