O Shaughnessy Asset Management LLC Acquires 49,113 Shares of UBS Group AG (NYSE:UBS)

O Shaughnessy Asset Management LLC grew its holdings in UBS Group AG (NYSE:UBS - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 489,294 shares of the bank's stock after purchasing an additional 49,113 shares during the period. O Shaughnessy Asset Management LLC's holdings in UBS Group were worth $14,841,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of UBS. Wealth Enhancement Advisory Services LLC lifted its stake in UBS Group by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank's stock valued at $3,277,000 after acquiring an additional 1,114 shares during the period. Ritholtz Wealth Management grew its position in UBS Group by 16.6% in the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank's stock worth $6,270,000 after purchasing an additional 29,367 shares during the period. Kingsview Wealth Management LLC purchased a new stake in UBS Group during the 4th quarter valued at $218,000. M.E. Allison & CO. Inc. purchased a new position in shares of UBS Group in the 4th quarter worth $354,000. Finally, Park Avenue Securities LLC increased its position in UBS Group by 21.7% during the fourth quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank's stock valued at $1,128,000 after acquiring an additional 6,638 shares during the last quarter.

UBS Group Price Performance

NYSE:UBS traded up $0.11 on Wednesday, reaching $30.46. 2,841,526 shares of the company's stock traded hands, compared to its average volume of 2,198,447. The stock has a 50-day simple moving average of $33.50 and a 200-day simple moving average of $32.30. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. The firm has a market cap of $97.67 billion, a PE ratio of 20.04 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76.

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UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.08). The business 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 company's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.09) earnings per share. Equities research analysts forecast that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. This is an increase from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio is 14.47%.

Wall Street Analyst Weigh In

UBS has been the topic of several recent research reports. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. Finally, Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. One 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's stock. According to data from MarketBeat.com, the stock currently has an average 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.