OneDigital Investment Advisors LLC Increases Holdings in UBS Group AG (NYSE:UBS)

OneDigital Investment Advisors LLC raised its stake in UBS Group AG (NYSE:UBS - Free Report) by 150.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,312 shares of the bank's stock after acquiring an additional 10,990 shares during the period. OneDigital Investment Advisors LLC's holdings in UBS Group were worth $555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of UBS. Timber Creek Capital Management LLC increased its stake in UBS Group by 0.3% during the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock valued at $3,566,000 after purchasing an additional 311 shares in the last quarter. Allworth Financial LP grew its holdings in shares of UBS Group by 6.4% during the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock valued at $168,000 after buying an additional 334 shares during the last quarter. Independent Advisor Alliance increased its position in shares of UBS Group by 0.4% during the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank's stock valued at $2,607,000 after acquiring an additional 339 shares in the last quarter. Lindbrook Capital LLC raised its holdings in UBS Group by 3.2% in the 4th quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank's stock worth $341,000 after acquiring an additional 345 shares during the last quarter. Finally, HighPoint Advisor Group LLC lifted its position in UBS Group by 4.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 7,633 shares of the bank's stock valued at $253,000 after acquiring an additional 349 shares in the last quarter.

Analysts Set New Price Targets

UBS has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Keefe, Bruyette & Woods upgraded shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. BNP Paribas raised shares of UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Finally, StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, UBS Group has an average rating of "Hold".

UBS Group Trading Up 0.8 %

Shares of NYSE:UBS opened at $30.04 on Friday. The stock's 50-day simple moving average is $31.07 and its two-hundred day simple moving average is $31.93. The stock has a market capitalization of $96.32 billion, a price-to-earnings ratio of 19.76 and a beta of 1.16. 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.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data 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). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The business had revenue of $11.06 billion during the quarter, compared to analysts' expectations of $10.90 billion. During the same period in the previous year, the business posted ($0.09) EPS. The business's quarterly revenue was up 1.9% compared to the same quarter last year. Analysts expect that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

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

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.

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