Quantbot Technologies LP Sells 126,673 Shares of UBS Group AG (NYSE:UBS)

Quantbot Technologies LP decreased its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 83.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 25,478 shares of the bank's stock after selling 126,673 shares during the quarter. Quantbot Technologies LP's holdings in UBS Group were worth $772,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in UBS. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in UBS Group by 6.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank's stock valued at $1,771,713,000 after acquiring an additional 3,289,387 shares in the last quarter. Amundi lifted its position in UBS Group by 0.6% in the fourth quarter. Amundi now owns 16,751,961 shares of the bank's stock worth $543,936,000 after purchasing an additional 95,712 shares during the period. Vontobel Holding Ltd. boosted its stake in UBS Group by 1.9% during the fourth quarter. Vontobel Holding Ltd. now owns 16,445,068 shares of the bank's stock worth $502,398,000 after buying an additional 301,394 shares in the last quarter. Wellington Management Group LLP increased its holdings in UBS Group by 20.2% in the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank's stock valued at $423,504,000 after buying an additional 2,307,033 shares during the period. Finally, ARGA Investment Management LP raised its stake in shares of UBS Group by 6.5% in the 4th quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank's stock valued at $224,259,000 after buying an additional 445,876 shares in the last quarter.

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UBS Group Price Performance

NYSE:UBS traded down $0.35 during mid-day trading on Friday, reaching $31.56. 3,489,622 shares of the company were exchanged, compared to its average volume of 2,187,196. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. The stock has a market cap of $101.19 billion, a PE ratio of 20.76 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. The company has a fifty day moving average of $33.66 and a 200 day moving average of $32.26.

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 for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the business earned ($0.09) EPS. The business's revenue for the quarter was up 1.9% on a year-over-year basis. On average, research analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Stockholders 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 dividend yield of 2.1%. This is an increase from UBS Group's previous annual dividend of $0.23. UBS Group's payout ratio is presently 14.47%.

Wall Street Analysts Forecast Growth

UBS has been the topic of a number of analyst reports. Morgan Stanley cut shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Friday, January 10th. Finally, Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday. One research 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 MarketBeat.com, UBS Group presently 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.