Russell Investments Group Ltd. Acquires 140,218 Shares of UBS Group AG (NYSE:UBS)

Russell Investments Group Ltd. raised its holdings in UBS Group AG (NYSE:UBS - Free Report) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,627,663 shares of the bank's stock after purchasing an additional 140,218 shares during the period. Russell Investments Group Ltd. owned approximately 0.18% of UBS Group worth $172,174,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Berbice Capital Management LLC acquired a new position in UBS Group in the fourth quarter valued at about $27,000. Rakuten Securities Inc. bought a new position in UBS Group in the 4th quarter valued at about $30,000. Headlands Technologies LLC acquired a new position in shares of UBS Group in the 4th quarter valued at approximately $33,000. Versant Capital Management Inc bought a new stake in shares of UBS Group during the 4th quarter worth approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $41,000.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Morgan Stanley cut UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft raised UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Finally, BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold".

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UBS Group Price Performance

NYSE UBS traded down $0.67 during trading hours on Thursday, hitting $27.75. The company had a trading volume of 2,580,249 shares, compared to its average volume of 2,265,000. The firm has a 50 day simple moving average of $32.25 and a 200 day simple moving average of $32.13. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market capitalization of $88.99 billion, a price-to-earnings ratio of 18.14 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.

UBS Group (NYSE:UBS - Get Free Report) last released its earnings results on Tuesday, February 4th. The bank reported $0.23 EPS 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 firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same period in the prior year, the company earned ($0.09) EPS. The firm's revenue was up 1.9% compared to the same quarter last year. Equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders 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 a positive change from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio (DPR) is currently 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.